TE Connectivity moved -1.0% this afternoon session, trading between a high of $123.77 and a low of $121.63 per share. Yesterday the stock finished at $123.22 per share, compared to an average analyst target price of $148.09.
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The large-cap electronic components company is based in Switzerland, and over the last twelve months it has returned a dividend yield of 1.8%. TE Connectivity has trailing twelve months earnings per share (EPS) of 6.44, which at today's prices amounts to a price to earnings (P/E) ratio of 18.9.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 5.93. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-11-15 | 16,281,000 | -11,037,000 | 32 | -3.03 |
| 2021-11-09 | 14,923,000 | -10,036,000 | 33 | 6.45 |
| 2020-11-10 | 12,172,000 | -8,437,000 | 31 | -6.06 |
| 2019-11-12 | 13,448,000 | -9,054,000 | 33 | -2.94 |
| 2018-11-13 | 13,988,000 | -9,243,000 | 34 | 0.0 |
| 2017-11-14 | 12,185,000 | -8,002,000 | 34 |
At 32.8%, TE Connectivity's average gross margins are wider than the 27.35% average of its industry peer group, which suggests that the firm might have a competitive advantage.
