Autoliv (ALV) Scheduled to Post Quarterly Earnings on Friday

Autoliv (NYSE:ALVGet Rating) is scheduled to post its quarterly earnings results before the market opens on Friday, January 27th. Analysts expect Autoliv to post earnings of $1.54 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Autoliv (NYSE:ALVGet Rating) last announced its quarterly earnings data on Friday, October 21st. The auto parts company reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.14). The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.36 billion. Autoliv had a net margin of 4.44% and a return on equity of 13.11%. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 EPS. On average, analysts expect Autoliv to post $4 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Autoliv Stock Down 1.5 %

Shares of ALV stock traded down $1.24 during trading on Tuesday, reaching $83.61. The company’s stock had a trading volume of 798,790 shares, compared to its average volume of 722,127. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.04 and a quick ratio of 0.77. The company has a market capitalization of $7.26 billion, a price-to-earnings ratio of 19.13 and a beta of 1.70. The stock’s 50-day moving average price is $81.10 and its 200 day moving average price is $79.07. Autoliv has a 1-year low of $65.74 and a 1-year high of $105.51.

Autoliv Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 9th. Investors of record on Tuesday, November 22nd were issued a $0.66 dividend. The ex-dividend date of this dividend was Monday, November 21st. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.16%. This is a boost from Autoliv’s previous quarterly dividend of $0.64. Autoliv’s payout ratio is 60.41%.

Insider Transactions at Autoliv

In other news, insider Svante Mogefors sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $89.00, for a total transaction of $89,000.00. Following the completion of the sale, the insider now owns 11,739 shares in the company, valued at approximately $1,044,771. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.21% of the company’s stock.

Institutional Trading of Autoliv

Several institutional investors have recently modified their holdings of ALV. JPMorgan Chase & Co. raised its position in Autoliv by 51.4% in the 1st quarter. JPMorgan Chase & Co. now owns 22,346 shares of the auto parts company’s stock valued at $1,708,000 after purchasing an additional 7,587 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Autoliv by 7.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,092 shares of the auto parts company’s stock valued at $236,000 after purchasing an additional 217 shares during the last quarter. Bank of New York Mellon Corp raised its position in Autoliv by 2.0% in the 1st quarter. Bank of New York Mellon Corp now owns 107,903 shares of the auto parts company’s stock valued at $8,247,000 after purchasing an additional 2,073 shares during the last quarter. American Century Companies Inc. raised its position in Autoliv by 16.8% in the 1st quarter. American Century Companies Inc. now owns 24,143 shares of the auto parts company’s stock valued at $1,845,000 after purchasing an additional 3,464 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in Autoliv in the 1st quarter valued at $122,000. Hedge funds and other institutional investors own 46.63% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Autoliv from $93.00 to $94.00 and gave the company a “buy” rating in a report on Monday, October 24th. UBS Group downgraded shares of Autoliv from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $84.00 to $86.00 in a research note on Wednesday, December 7th. Citigroup decreased their price target on shares of Autoliv from $90.00 to $87.00 and set a “neutral” rating for the company in a research note on Friday, January 13th. Robert W. Baird lifted their price target on shares of Autoliv from $77.00 to $81.00 and gave the stock a “neutral” rating in a research note on Monday, October 24th. Finally, Wells Fargo & Company lifted their price target on shares of Autoliv from $76.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Monday, October 24th. Ten research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $91.92.

About Autoliv

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Autoliv, Inc engages in the development, manufacture, and supply of automotive safety systems. It operates through the airbag and seatbelt products and components segment. The firm’s products include passive safety systems, including modules and components for passenger and driver airbags, side airbags, curtain airbags, seatbelts and steering wheels.

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Earnings History for Autoliv (NYSE:ALV)

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