Autoliv (NYSE:ALV)‘s stock had its “hold” rating reiterated by Guggenheim in a research report issued to clients and investors on Wednesday. They presently have a $135.00 target price on the auto parts company’s stock. Guggenheim’s price objective would suggest a potential downside of 0.95% from the company’s current price.
Other analysts also recently issued reports about the company. ValuEngine upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Mizuho upped their target price on Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 15th. Jefferies Group reiterated a “buy” rating and set a $145.00 target price (up from $125.00) on shares of Autoliv in a research report on Thursday, September 21st. They noted that the move was a valuation call. Zacks Investment Research upgraded Autoliv from a “hold” rating to a “buy” rating and set a $142.00 target price for the company in a research report on Tuesday, October 17th. Finally, Pareto Securities upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $115.20.
Autoliv (NYSE ALV) traded up $1.27 during trading hours on Wednesday, hitting $136.29. The stock had a trading volume of 286,097 shares, compared to its average volume of 355,963. The company has a market cap of $11,740.41, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 2.32 and a beta of 1.11. The company has a current ratio of 1.55, a quick ratio of 1.23 and a debt-to-equity ratio of 0.31. Autoliv has a 1 year low of $96.08 and a 1 year high of $136.30.
Autoliv (NYSE:ALV) last released its earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share 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 the consensus estimate of $2.50 billion. Autoliv had a return on equity of 13.42% and a net margin of 4.96%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.63 EPS. analysts expect that Autoliv will post 6.27 EPS for the current fiscal year.
In related news, insider Johan Lofvenholm sold 3,965 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $128.00, for a total transaction of $507,520.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.25% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently modified their holdings of the business. Toronto Dominion Bank increased its holdings in 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. increased its holdings in 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 increased its holdings in 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. ARP Americas LLC acquired a new position in Autoliv in the 3rd quarter worth about $235,000. Finally, JPMorgan Chase & Co. increased its holdings in 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. 33.42% of the stock is owned by institutional investors and hedge funds.
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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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