Susquehanna Bancshares set a $137.00 target price on Autoliv (NYSE:ALV) in a research note published on Wednesday, March 14th. The brokerage currently has a hold rating on the auto parts company’s stock.
Other analysts have also recently issued reports about the company. Royal Bank of Canada upped their price objective on Autoliv to $142.00 and gave the stock a sector perform rating in a report on Wednesday, January 31st. ValuEngine raised Autoliv from a hold rating to a buy rating in a report on Sunday, December 31st. Longbow Research initiated coverage on Autoliv in a report on Friday, January 5th. They set a buy rating and a $155.00 price objective on the stock. Mizuho reaffirmed a buy rating and set a $140.00 price objective on shares of Autoliv in a report on Monday, December 11th. Finally, Societe Generale cut Autoliv from a hold rating to a sell rating in a report on Wednesday, February 28th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $135.48.
ALV stock opened at $146.63 on Wednesday. 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 has a twelve month low of $96.08 and a twelve month high of $152.57. The stock has a market cap of $12,876.33, a PE ratio of 22.47, a P/E/G ratio of 2.07 and a beta of 1.28.
Autoliv (NYSE:ALV) last posted its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.74 by $0.29. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.69 billion. During the same period in the previous year, the firm earned $1.71 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. equities analysts forecast that Autoliv will post 7.41 earnings per share for the current fiscal year.
In other 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 transaction of $40,124.00. Following the transaction, the insider now owns 10,954 shares of the company’s stock, valued at approximately $1,569,708.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.25% of the stock is currently owned by corporate insiders.
Several institutional investors and hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its position in shares of Autoliv by 8.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,236 shares of the auto parts company’s stock worth $355,000 after buying an additional 249 shares in the last quarter. CIBC Asset Management Inc grew its position in shares of Autoliv by 8.1% during the 4th quarter. CIBC Asset Management Inc now owns 4,728 shares of the auto parts company’s stock worth $601,000 after buying an additional 355 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Autoliv by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 2,058 shares of the auto parts company’s stock worth $262,000 after buying an additional 412 shares in the last quarter. Global X MANAGEMENT CO LLC grew its position in shares of Autoliv by 16.8% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 2,942 shares of the auto parts company’s stock worth $364,000 after buying an additional 423 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its position in shares of Autoliv by 3.0% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 23,800 shares of the auto parts company’s stock worth $2,954,000 after buying an additional 700 shares in the last quarter. 35.51% of the stock is currently owned by institutional investors and hedge funds.
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Autoliv Company Profile
Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.
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