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Fly News Breaks for December 17, 2019
APH
Dec 17, 2019 | 06:20 EDT
RBC Capital analyst Joseph Spak initiated coverage of Amphenol with a Sector Perform rating and $110 price target. The analyst is positive on the company's leading position of a "strong operator within interconnect products" and its potential to return to double-digit earnings growth through its "diversified end-market exposure and tuck-in M&A strategy", but believes that the relative valuation on the stock looks stretched.
News For APH From the Last 2 Days
APH
Apr 24, 2024 | 08:05 EDT
In April, the Company purchased the remaining authorized amount of common stock under the existing three-year, $2B stock repurchase plan. On April 23, the company's board of directors approved a new three-year, $2B open market stock repurchase plan.
APH
Apr 23, 2024 | 12:26 EDT
Bullish option flow detected in Amphenol with 7,956 calls trading, 8x expected, and implied vol increasing over 3 points to 32.37%. May-24 125 calls and May-24 115 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.20. Earnings are expected on April 24th.