Back to top

Image: Bigstock

TE Connectivity Ltd.

Read MoreHide Full Article

TE Connectivity’s robust solutions portfolio continues to be the key driver of its top-line growth. Further, solid organic growth in TE Connectivity’s automotive, commercial transportation and sensor transportation businesses are aiding the performance of its transportation solutions. We believe the company’s strong progress on its strategic priorities is expected to benefit its business in the long run. Estimates have been stable lately ahead of the company’s Q1 earnings release. The company has positive record of earnings surprises in recent quarters. However, the company has underperformed the industry it belongs to over a year. The intensifying competition in the electronic components market poses a severe pricing pressure and risk to its market share. Also, sluggish auto production in Europe and China is a concern.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

TE Connectivity Ltd. (TEL) - free report >>

Published in