|Bid||85.43 x 800|
|Ask||85.45 x 800|
|Day's Range||85.09 - 88.74|
|52 Week Range||74.95 - 105.51|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||21.88|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||1.00 (1.14%)|
|1y Target Est||101.90|
(Bloomberg) -- Walmart Inc. isn’t the only corporation that has seen its Tesla Inc. solar panels catch fire.On Friday, Amazon.com Inc. said a June 2018 blaze on the roof of one of its warehouses in Redlands, California, involved a solar panel system that Tesla’s SolarCity division had installed. The Seattle-based retail giant said by email that it has since taken steps to protect its facilities and has no plans to install more Tesla systems.Tesla also said in a statement it worked with Amazon following the “isolated event” last year that occurred in an inverter at one of the sites. “Tesla worked collaboratively with Amazon to root cause the event and remediate,” it said. “We also performed inspections at the other sites, which confirmed the integrity of the systems,” adding that all 11 Amazon sites are generating energy and are monitored and maintained.News of the Amazon fire comes just three days after Walmart dropped a bombshell lawsuit against Tesla, accusing it of shoddy panel installations that led to fires at more than a half-dozen stores. The claims threaten to further erode Tesla’s solar business at a time when the company is fighting to gain back market share.Walmart and Tesla issued a joint statement late Thursday, saying they were in discussions to resolve their issues. “Both companies want each and every system to operate reliably, efficiently, and safely,” they said. Tesla fell 0.8% in after-hours trading on Friday to $209.75.In the complaint filed Tuesday, Walmart said it had leased or licensed roof space at more than 240 stores to Tesla’s energy unit. Two of the Walmart fires occurred in May 2018. Amazon said it has a very small number of solar systems installed by Tesla.More widely known for its electric cars, Tesla bought panel installer SolarCity three years ago in a $2 billion deal that proved highly controversial. SolarCity’s chief executive officer at the time is the cousin of Tesla CEO Elon Musk, and Musk was the chairman of SolarCity’s board.Also this week, Business Insider reported that Tesla launched an effort to replace a faulty part used in some of its solar panel systems last year. It was unclear whether issues with the component known as a “connector” affected Walmart or Amazon installations.Tesla said in response to the Business Insider story that some connectors manufactured by Amphenol Corp. “experienced failures and disconnections at a higher rate than our standards allow.” Over the past year, the company said, less than 1% of sites with these connectors exhibited abnormal behavior.Amphenol did not respond to a request for comment.(Updates with Tesla’s response in third and fourth paragraphs.)\--With assistance from Brian Eckhouse.To contact the reporters on this story: Dana Hull in San Francisco at email@example.com;Matt Day in Seattle at firstname.lastname@example.orgTo contact the editors responsible for this story: Lynn Doan at email@example.com, Kara WetzelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
U.S. sanctions against Chinese tech giant Huawei were suspended through Monday, Aug. 19. What the Trump administration does next has big implications.
Automakers are quietly and carefully laying the groundwork for the mass production of electric vehicles. An unsung hero of the switch could be Amphenol, which makes electric wiring interconnect systems, sensors and antennas for EVS of the present and future.
The Zacks Analyst Blog Highlights: Facebook, United Technologies, United Parcel Service, Amphenol and Rogers Communications
Amphenol (APH) delivered earnings and revenue surprises of -1.08% and 0.17%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Amphenol Corporation reported today GAAP diluted Earnings Per Share for the second quarter 2019 of $0.93 compared to $0.91 for the comparable 2018 period. GAAP diluted EPS for the second quarter 2019 included an excess tax benefit of approximately $13 million related to stock options exercised during the quarter, partially offset by acquisition-related costs of approximately $9 million .
Amphenol's (APH) second-quarter 2019 earnings are likely to be hurt by weak performance of mobile devices despite strength in military, commercial aerospace and industrial end markets.
Amphenol (APH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today we'll take a closer look at Amphenol Corporation (NYSE:APH) from a dividend investor's perspective. Owning a...
Amphenol (APH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Amphenol Corp NYSE:APHView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for APH 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 APH. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.11 billion over the last one-month into ETFs that hold APH are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swapCDS data is not available for this security.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.
Credit Suisse believes that these companies meet Buffett's investment criteria, and thus are possible acquisitions for Berkshire Hathaway.
The Valley facility is now the global company’s second-largest office and is considered the hub of its Western operations.
Today we'll evaluate Amphenol Corporation (NYSE:APH) to determine whether it could have potential as an investment...