Autoliv (NYSE:ALV)‘s stock had its “hold” rating reaffirmed by equities researchers at Robert W. Baird in a research note issued on Tuesday, January 9th. They currently have a $137.00 price objective on the auto parts company’s stock. Robert W. Baird’s target price indicates a potential downside of 5.26% from the stock’s current price.
Other research analysts have also issued research reports about the stock. Jefferies Group reiterated a “buy” rating and set a $145.00 price objective (up previously from $125.00) on shares of Autoliv in a research note on Thursday, September 21st. They noted that the move was a valuation call. ValuEngine upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Mizuho lifted their price target on shares of Autoliv from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, September 15th. Zacks Investment Research upgraded shares of Autoliv from a “hold” rating to a “buy” rating and set a $142.00 price target on the stock in a research report on Tuesday, October 17th. Finally, Pareto Securities upgraded shares of 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, nine have given a hold rating and twelve have given a buy rating to the company’s stock. Autoliv currently has a consensus rating of “Hold” and an average price target of $122.80.
Autoliv (ALV) opened at $144.61 on Tuesday. Autoliv has a twelve month low of $96.08 and a twelve month high of $152.57. The stock has a market cap of $12,581.07, a PE ratio of 29.82, a price-to-earnings-growth ratio of 2.17 and a beta of 1.32. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31.
Autoliv (NYSE:ALV) last announced its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.74 by $0.29. Autoliv had a net margin of 4.11% and a return on equity of 13.86%. The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same quarter last year, the business earned $1.71 earnings per share. Autoliv’s revenue was up 4.8% compared to the same quarter last year. equities analysts expect that Autoliv will post 7.37 EPS for the current fiscal year.
In related news, insider Johan Lofvenholm sold 3,965 shares of Autoliv stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.25% of the company’s stock.
Several large investors have recently bought and sold shares of the company. FMR LLC increased its holdings in shares of Autoliv by 7.3% during the 2nd quarter. FMR LLC now owns 1,821,095 shares of the auto parts company’s stock worth $199,956,000 after purchasing an additional 123,781 shares during the period. Vanguard Group Inc. increased its holdings in shares of Autoliv by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,400,499 shares of the auto parts company’s stock worth $153,774,000 after purchasing an additional 24,364 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Autoliv by 6.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 865,594 shares of the auto parts company’s stock worth $106,986,000 after purchasing an additional 52,231 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Autoliv by 0.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 729,878 shares of the auto parts company’s stock worth $90,212,000 after purchasing an additional 4,207 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of Autoliv by 5.8% during the 3rd quarter. Legal & General Group Plc now owns 432,082 shares of the auto parts company’s stock worth $53,403,000 after purchasing an additional 23,551 shares during the period. Institutional investors own 33.56% of the company’s stock.
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Autoliv Company Profile
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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