TE Connectivity Ltd
Score: Negative (18)
29 days at current score.
Downgraded from Neutral on August 16th 2017
- This company ranked negatively compared to the Consumer Goods sector despite only 1 negative IHS Markit Category
- Perception of the company's creditworthiness is negative
- Bearish sentiment is low
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.
ETF/Index ownership | Neutral
ETF activity is neutral. ETFs that hold TEL had net inflows of $8.17 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.
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 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.
Please send all inquiries related to the report to firstname.lastname@example.org.
Charts and report PDFs will only be available for 30 days after publishing.
This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.