Shares of Autoliv Inc. (NYSE:ALV) have earned a consensus rating of “Hold” from the twenty-seven analysts that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $133.15.
Several brokerages have recently issued reports on ALV. BMO Capital Markets lifted their price target on Autoliv from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Monday, June 11th. Morgan Stanley began coverage on Autoliv in a research report on Tuesday, June 19th. They set an “overweight” rating and a $180.00 price target on the stock. Mizuho reiterated a “buy” rating and set a $160.00 price target on shares of Autoliv in a research report on Wednesday, June 6th. Robert W. Baird reiterated a “buy” rating and set a $194.00 price target on shares of Autoliv in a research report on Tuesday, April 17th. Finally, Longbow Research set a $168.00 price target on Autoliv and gave the company a “buy” rating in a research report on Friday, June 1st.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Brinker Capital Inc. grew its holdings in shares of Autoliv by 6.8% in the 1st quarter. Brinker Capital Inc. now owns 5,767 shares of the auto parts company’s stock worth $842,000 after acquiring an additional 369 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Autoliv by 15.7% during the first quarter. Daiwa Securities Group Inc. now owns 2,950 shares of the auto parts company’s stock valued at $431,000 after buying an additional 400 shares in the last quarter. DnB Asset Management AS grew its holdings in shares of Autoliv by 5.3% during the second quarter. DnB Asset Management AS now owns 11,952 shares of the auto parts company’s stock valued at $1,712,000 after buying an additional 600 shares in the last quarter. Banco de Sabadell S.A grew its holdings in shares of Autoliv by 12.4% during the first quarter. Banco de Sabadell S.A now owns 6,114 shares of the auto parts company’s stock valued at $892,000 after buying an additional 673 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Autoliv by 29.3% during the first quarter. Jane Street Group LLC now owns 3,009 shares of the auto parts company’s stock valued at $439,000 after buying an additional 682 shares in the last quarter. Institutional investors and hedge funds own 39.64% of the company’s stock.
Autoliv traded down $1.62, hitting $104.14, during mid-day trading on Friday, MarketBeat.com reports. 582,400 shares of the company’s stock traded hands, compared to its average volume of 799,809. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.24. The company has a market capitalization of $9.08 billion, a P/E ratio of 15.74, a PEG ratio of 0.98 and a beta of 1.30. Autoliv has a one year low of $75.28 and a one year high of $115.37.
Autoliv (NYSE:ALV) last announced its earnings results on Friday, April 27th. The auto parts company reported $1.66 earnings per share for the quarter, missing the consensus estimate of $1.81 by ($0.15). Autoliv had a net margin of 3.87% and a return on equity of 13.63%. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the previous year, the firm earned $1.65 EPS. The firm’s revenue was up 7.8% on a year-over-year basis. research analysts expect that Autoliv will post 8.41 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 6th. Investors of record on Wednesday, August 22nd will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Tuesday, August 21st. Autoliv’s payout ratio is 37.69%.
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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