Amphenol (APH)

Amphenol (APH; $79.26; E/W) reported Q3 non-GAAP EPS of $0.78, which was ahead of our $0.73 and the Street’s $0.74 led by some sales upside ($3,199mm vs. our $3,075mm and the Street’s $3,097mm). In addition,…

PCTEL (PCTI; $4.66; NR) announced after the close on Friday (10/13) it reached a definitive agreement to be acquired by Amphenol (APH; $81.90; E/W) in an all-cash transaction valued at a total of $139.7mm. Amphenol…

We recently learned that Amphenol (APH; $83.37; E/W) acquired privately held and U.S. based Connor Manufacturing Services as per a LinkedIn post by Connor on 9/28. Connor, which boasts a 110-year history, produces custom precision…

Earlier this week, we had the opportunity to catch up with Amphenol’s (APH; $84.08; E/W) CEO Adam Norwitt, CFO Craig Lampo, and Sherri Scribner, VP, Strategy, and IR to discuss some of our “top of…

We bump up our 2023/2024E EPS for Amphenol (APH; $88.60; E/W) from $2.83/$3.05 to $2.88/$3.08 after the company produced a Q2 “beat and meet”, albeit a bit more impressive given that multiple of its end…

Amphenol (APH; $84.31; E/W) reported Q2 non-GAAP EPS of $0.72, which was ahead of our consensus matching $0.68 led by some sales upside ($3,054mm vs. our $2,925mm and the Street’s $2,951mm). As per the table…

We continue to view Amphenol (APH; $85.31; E/W) as a “best in class” company across our entire supply chain coverage. Nevertheless, we think the stock is vulnerable to a negative reaction with its Q2 results…

We reduce 2023/2024E EPS for Amphenol (APH; $73.91; E/W) from $2.92/$3.15 to $2.83/$3.05 after its relatively modest Q1 EPS beat ($0.69 vs. our $0.66 and the Street’s $0.67) that was accompanied by guidance, which for…

Amphenol (APH; $74.87; E/W) reported Q1 non-GAAP EPS of $0.69, which was ahead of our $0.66 and the Street’s $0.67 led by some sales upside ($2,974mm vs. our $2,888mm and the Street’s $2,901mm). As per…

We assume Amphenol (APH; $78.25; E/W) posts a third consecutive “beat and lower” quarter when it releases Q1 results and outlook next Wednesday (4/26 before market) led by our concerns, albeit within a mix bag…

We reduce 2023E EPS for Amphenol (APH; $78.41; E/W) from $3.05 to $2.92 (-3% YoY) after the company produced a second consecutive “beat and lower” quarter, including a just completed acquisition now in our model…

Amphenol (APH; $79.44; E/W) reported Q4 non-GAAP EPS of $0.78, which was ahead of our consensus matching $0.75 led by some sales upside ($3,239mm vs. our $3,154mm and the Street’s $3,151mm). As per the table…

We make some relatively small adjustments to our 2022/2023E EPS for Amphenol (APH; $73.19; E/W), from $2.93/$3.07 to $2.98/$3.05, after the company produced one of its typically healthy types of EPS beats in Q3, albeit…

Amphenol (APH; $73.01; E/W) reported Q3 non-GAAP EPS of $0.80, which beat our $0.74 and the Street’s $0.75 on better than expected sales ($3,295mm vs. our $3,100mm and the Street’s $3,113mm). As per the variance…

We expect our 2022/2023E EPS for Amphenol (APH; $70.07; E/W) to generally “hold up” after it reports Q3 results and outlook next Wednesday (10/26 before market) given the healthy current state of backlogs. We assume…