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See what the IHS Markit Score report has to say about TE Connectivity Ltd.

IHS Markit

TE Connectivity Ltd

NYSE:TEL

Score: Negative (16)

3 days at current score.

Downgraded from Neutral on September 18th 2017

View full report here!

Summary


  • This company ranked negatively compared to the Consumer Goods sector with 2 negative IHS Markit Categories
  • Perception of the company's creditworthiness is negative
  • ETFs holding this stock are seeing positive inflows but are weakening
  • Bearish sentiment is low


Bearish sentiment

Short interest | Positive

Short interest is extremely low for TEL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TEL.

Money flow

ETF/Index ownership | Negative

ETF activity is negative and may be weakening. The net inflows of $3.57 billion over the last one-month into ETFs that hold TEL are among the lowest of the last year and appear to be slowing.

Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator. TEL credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

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