TE Connectivity ( (TEL) ) has provided an announcement.
TE Connectivity reported strong financial results for the second quarter of fiscal year 2025, with net sales reaching $4.1 billion, a 4% increase year over year. The company achieved a record adjusted EPS of $2.10, reflecting a 13% rise, and completed the acquisition of Richards Manufacturing Co. to enhance growth in the North American utility market. The company’s operational performance was robust, with a 19.4% adjusted operating margin and a significant reduction in greenhouse gas emissions. Looking ahead, TE Connectivity anticipates continued sales and EPS growth in the third quarter, driven by strategic investments and a strong market position.
Spark’s Take on TEL Stock
According to Spark, TipRanks’ AI Analyst, TEL is a Outperform.
TE Connectivity’s overall stock score of 75 reflects its strong financial position and strategic acquisitions, which are key strengths. However, technical indicators show bearish trends, and currency headwinds present notable risks. The company’s valuation and earnings call sentiment add to a balanced outlook.
To see Spark’s full report on TEL stock, click here.
More about TE Connectivity
TE Connectivity plc is a global industrial technology leader that provides connectivity and sensor solutions to advance transportation, energy networks, automated factories, data centers, and medical technology. With over 85,000 employees, including 9,000 engineers, the company operates in approximately 130 countries.
YTD Price Performance: -6.27%
Average Trading Volume: 1,896,956
Technical Sentiment Signal: Buy
Current Market Cap: $39.82B
For detailed information about TEL stock, go to TipRanks’ Stock Analysis page.