Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $63.09 on Amphenol Corporation (NYSE:APH) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.63 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Amphenol Corporation (NYSE:APH) stands at 24.14. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Amphenol Corporation Common Sto, the PEG ratio for coming 3-5 years is 3.04. Technical Analysis The technical analysis highlights that Amphenol Corporation Common Sto current price is trading $0.61 points away +1.05% from $58.07, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $55.78 and, for now, the stock price is trading $2.90 or +5.19% away from that point. The 52-week high of Amphenol Corporation (NYSE:APH) was $60.50 while lowest point recorded in 52-week was $44.50. It implies if stock price makes a movement of over $-1.82, it will record a new 52-week high. In the case of $+31.87% points drop, it will touch a new 52-week low.
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