Autoliv (NYSE:ALV) has been assigned a $137.00 price objective by analysts at Susquehanna Bancshares in a report issued on Wednesday. The firm presently has a “hold” rating on the auto parts company’s stock. Susquehanna Bancshares’ price objective points to a potential downside of 8.49% from the company’s previous close.
A number of other analysts have also commented on ALV. Piper Jaffray Companies set a $124.00 price target on Autoliv and gave the stock a “hold” rating in a research note on Friday, December 8th. Mizuho reaffirmed a “buy” rating and issued a $140.00 price target on shares of Autoliv in a research note on Monday, December 11th. ValuEngine raised Autoliv from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Longbow Research began coverage on Autoliv in a research note on Friday, January 5th. They issued a “buy” rating and a $155.00 price target for the company. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $137.00 price target on shares of Autoliv in a research note on Tuesday, January 9th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. Autoliv has an average rating of “Hold” and an average price target of $134.86.
Autoliv (ALV) traded down $0.69 during trading hours on Wednesday, hitting $149.71. The stock had a trading volume of 335,969 shares, compared to its average volume of 656,992. The stock has a market capitalization of $13,070.28, a price-to-earnings ratio of 30.87, a PEG ratio of 2.22 and a beta of 1.32. Autoliv has a 52-week low of $96.08 and a 52-week high of $152.57. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.26 and a current ratio of 1.58.
Autoliv (NYSE:ALV) last released its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.29. The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.69 billion. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.71 earnings per share. equities research analysts forecast that Autoliv will post 7.36 EPS for the current fiscal year.
In other Autoliv news, insider Johan Lofvenholm sold 280 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total value of $40,124.00. Following the completion of the transaction, the insider now owns 10,954 shares in the company, valued at $1,569,708.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.25% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently bought and sold shares of the business. Teachers Advisors LLC increased its holdings in shares of Autoliv by 288.3% during the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock valued at $156,000 after acquiring an additional 1,058 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Autoliv by 8.3% during the second quarter. The Manufacturers Life Insurance Company now owns 3,236 shares of the auto parts company’s stock valued at $355,000 after acquiring an additional 249 shares in the last quarter. California State Teachers Retirement System bought a new position in shares of Autoliv during the second quarter valued at $733,000. Candriam Luxembourg S.C.A. increased its holdings in shares of Autoliv by 14.4% during the third quarter. Candriam Luxembourg S.C.A. now owns 6,321 shares of the auto parts company’s stock valued at $781,000 after acquiring an additional 795 shares in the last quarter. Finally, Global X MANAGEMENT CO LLC increased its holdings in shares of Autoliv by 16.8% during the third quarter. Global X MANAGEMENT CO LLC now owns 2,942 shares of the auto parts company’s stock valued at $364,000 after acquiring an additional 423 shares in the last quarter. Institutional investors and hedge funds own 35.53% 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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