Autoliv (NYSE:ALV) has been assigned a $124.00 price objective by Piper Jaffray Companies in a research note issued on Friday. The firm presently has a “hold” rating on the auto parts company’s stock. Piper Jaffray Companies’ price objective would suggest a potential downside of 3.61% from the stock’s previous close.
A number of other research firms have also issued reports on ALV. Mizuho boosted their target price on shares of Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $140.00 target price for the company in a research note on Wednesday, November 1st. KeyCorp restated a “buy” rating and set a $146.00 price target (up from $136.00) on shares of Autoliv in a research report on Monday, November 6th. Jefferies Group set a $145.00 price target on shares of Autoliv and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, Citigroup boosted their price target on shares of Autoliv from $105.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, September 15th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $110.48.
Autoliv (ALV) traded up $0.24 during trading on Friday, reaching $128.65. 250,831 shares of the company’s stock were exchanged, compared to its average volume of 382,649. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.23. The firm has a market cap of $11,165.65, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. Autoliv has a 52-week low of $96.08 and a 52-week high of $129.84.
Autoliv (NYSE:ALV) last posted its earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.14. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. Autoliv’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.63 EPS. research analysts anticipate that Autoliv will post 6.28 earnings per share for the current year.
In related news, insider Johan Lofvenholm sold 3,965 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $128.00, for a total value of $507,520.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.25% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ALV. Toronto Dominion Bank raised its holdings in shares of Autoliv by 11.7% in the 2nd quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock worth $119,000 after purchasing an additional 114 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Autoliv by 43.9% in the 2nd quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock worth $149,000 after purchasing an additional 414 shares in the last quarter. Teachers Advisors LLC raised its holdings in shares of Autoliv by 288.3% in the 2nd quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock worth $156,000 after purchasing an additional 1,058 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Autoliv by 9.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock worth $210,000 after purchasing an additional 171 shares in the last quarter. Finally, Pacer Advisors Inc. raised its holdings in shares of Autoliv by 8.1% in the 2nd quarter. Pacer Advisors Inc. now owns 1,944 shares of the auto parts company’s stock worth $213,000 after purchasing an additional 145 shares in the last quarter. Institutional investors and hedge funds own 33.54% of the company’s stock.
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Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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