Noteworthy Stocks to Watch for: TE Connectivity Ltd. (NYSE:TEL)


TE Connectivity Ltd. (NYSE:TEL) added 0.62% and closed its last session at $67.64. The stock has the market capitalization of $24.04 Billion with the total outstanding shares of 355.34 Million. TE Connectivity Ltd.. has Analysts’ Mean Recommendation of 1.92 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 12.76 for trailing twelve months while its Forward P/E is 14.32.

TE Connectivity Ltd. (NYSE:TEL) touched its 52-Week High of $69.4 on Nov 30, 2016 while it’s 52-Week Low of $51.7 on Feb 9, 2016. The company currently has Return on Assets of 11.1 percent, Return on Equity of 24.6% and Return on Investment of 21.4 percent. The stock currently showing Weekly Volatility of 1.42%% and Monthly Volatility of 1.75% Percent with Average True Range of 1.11 and Beta of 1.19.

The 8 analysts offering 12-month price forecasts for TE Connectivity have a median target of 67.00, with a high estimate of 78.00 and a low estimate of 63.00. The median estimate represents a -0.95% decrease from the last price of 67.64.

Press Release:

The Company on 16 November declared that the $0.37 per share quarterly dividend for the first quarter of fiscal year 2017 will be payable on December 9, 2016, to shareholders of record at the close of business on November 25, 2016.  The dividend was approved by shareholders at the company’s annual general meeting held on March 2, 2016.

Company Profile:

TE Connectivity Ltd., formerly known as Tyco Electronics Ltd., operates as a global provider of engineered electronic components; network solutions and systems; and wireless systems. The Company’s engineered electronic components are applicable in consumer and industrial products, network solutions and systems are applicable in telecommunications and energy markets; and wireless systems are applicable for critical communications, radar and defense applications. The Company designs, manufactures and markets products for customers in industries ranging from automotive, appliance, aerospace and defense to telecommunications, computers and consumer electronics. TE Connectivity Ltd. is based in Schaffhausen, Switzerland.