Aptiv (NYSE:APTV) had its price target lifted by Buckingham Research from $93.00 to $110.00 in a report published on Monday morning. Buckingham Research currently has a buy rating on the auto parts company’s stock.
A number of other brokerages have also commented on APTV. Goldman Sachs Group began coverage on shares of Aptiv in a report on Tuesday, December 5th. They set a buy rating and a $57.00 price objective on the stock. Royal Bank of Canada began coverage on shares of Aptiv in a report on Monday, December 4th. They set an outperform rating and a $60.00 price objective on the stock. Robert W. Baird began coverage on shares of Aptiv in a report on Wednesday, November 22nd. They set an outperform rating and a $61.00 price objective on the stock. Guggenheim began coverage on shares of Aptiv in a report on Monday, November 27th. They set a buy rating and a $70.00 price objective on the stock. Finally, UBS Group lowered shares of Aptiv from a buy rating to a neutral rating and set a $102.00 price objective on the stock. in a report on Tuesday, October 10th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of $97.13.
Shares of Aptiv (APTV) opened at $91.14 on Monday. Aptiv has a twelve month low of $61.30 and a twelve month high of $96.91. The company has a current ratio of 1.59, a quick ratio of 1.29 and a debt-to-equity ratio of 1.17. The company has a market cap of $25,044.77, a price-to-earnings ratio of 18.05, a P/E/G ratio of 1.69 and a beta of 1.49.
Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 1st. The auto parts company reported $1.28 EPS for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.05). Aptiv had a return on equity of 50.01% and a net margin of 8.27%. The company had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter in the previous year, the business earned $1.83 earnings per share. The company’s revenue was up 7.7% on a year-over-year basis. analysts predict that Aptiv will post 5.12 EPS for the current year.
The company also recently disclosed a Not Available dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, February 2nd. Aptiv’s dividend payout ratio is presently 17.43%.
In other news, Director Frank J. Dellaquila acquired 1,000 shares of the stock in a transaction dated Friday, December 15th. The shares were bought at an average cost of $83.88 per share, for a total transaction of $83,880.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kevin P. Clark acquired 22,500 shares of the stock in a transaction dated Wednesday, December 6th. The shares were purchased at an average price of $87.88 per share, for a total transaction of $1,977,300.00. The disclosure for this purchase can be found here. 0.31% of the stock is owned by insiders.
Several institutional investors have recently added to or reduced their stakes in the company. American Century Companies Inc. bought a new stake in shares of Aptiv during the 4th quarter worth about $226,340,000. Wedge Capital Management L L P NC bought a new stake in shares of Aptiv during the 4th quarter worth about $99,868,000. Jennison Associates LLC bought a new stake in shares of Aptiv during the 4th quarter worth about $91,297,000. APG Asset Management N.V. bought a new stake in shares of Aptiv during the 4th quarter worth about $74,765,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of Aptiv during the 4th quarter worth about $80,964,000. Institutional investors own 90.88% of the company’s stock.
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Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.
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