Shares of Autoliv, Inc. (NYSE:ALV – Get Free Report) have received a consensus rating of “Moderate Buy” from the twelve analysts that are presently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $134.92.
A number of analysts have recently commented on ALV shares. Wolfe Research cut Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, September 23rd. Jefferies Financial Group reduced their target price on shares of Autoliv from $134.00 to $119.00 and set a “hold” rating for the company in a research note on Tuesday, September 22nd. Royal Bank Of Canada reduced their price objective on shares of Autoliv from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Monday, October 12th. Wall Street Zen downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings cut shares of Autoliv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday.
Read Our Latest Research Report on Autoliv
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ALV. BlackRock Inc. purchased a new stake in shares of Autoliv during the 2nd quarter valued at $573,245,000. Dimensional Fund Advisors LP boosted its holdings in shares of Autoliv by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,952,252 shares of the auto parts company’s stock worth $205,270,000 after purchasing an additional 70,424 shares in the last quarter. Wellington Management Group LLP grew its position in Autoliv by 21.4% during the second quarter. Wellington Management Group LLP now owns 821,589 shares of the auto parts company’s stock valued at $95,444,000 after acquiring an additional 145,013 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Autoliv by 19.0% during the first quarter. Bank of New York Mellon Corp now owns 565,623 shares of the auto parts company’s stock worth $59,481,000 after acquiring an additional 90,412 shares in the last quarter. Finally, ABN AMRO Bank N.V. bought a new stake in shares of Autoliv in the 2nd quarter worth approximately $33,456,000. 69.57% of the stock is owned by institutional investors.
Autoliv Stock Performance
ALV traded down $4.34 on Friday, hitting $114.54. The company had a trading volume of 2,185,238 shares, compared to its average volume of 791,137. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 0.99 and a beta of 1.39. The company’s fifty day moving average price is $117.76 and its 200 day moving average price is $119.14. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.03 and a quick ratio of 0.79. Autoliv has a 1-year low of $99.16 and a 1-year high of $132.17.
Autoliv (NYSE:ALV – Get Free Report) last announced its quarterly earnings data on Friday, October 23rd. The auto parts company reported $2.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.04). The business had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.73 billion. Autoliv had a net margin of 5.79% and a return on equity of 29.36%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.32 EPS. Equities analysts predict that Autoliv will post 10.00 earnings per share for the current fiscal year.
Autoliv Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a $0.87 dividend. The ex-dividend date was Friday, August 28th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.0%. Autoliv’s dividend payout ratio (DPR) is presently 40.99%.
Key Headlines Impacting Autoliv
Here are the key news stories impacting Autoliv this week:
- Positive Sentiment: Sales to Chinese vehicle manufacturers outperformed local vehicle production by 20 percentage points, highlighting continued momentum in an important growth market. Autoliv: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Management narrowed its full-year adjusted operating-margin outlook to approximately 10.5%, providing more clarity but also reflecting the impact of current cost pressures. Autoliv: 3 Key Takeaways for Long-Term Investors
- Negative Sentiment: Third-quarter adjusted earnings were $2.19 per share, below the $2.23 FactSet consensus and $2.21 Zacks estimate, compared with $2.32 a year earlier. Autoliv Q3 Adjusted EPS
- Negative Sentiment: Revenue was $2.69 billion, missing the $2.73 billion estimate and declining 0.5% year over year. The sales and profit misses indicate softer-than-expected operating performance. Autoliv Q3 Net Sales
- Negative Sentiment: Cost headwinds weighed on the bottom line, with the earnings shortfall prompting investors to reassess near-term margin prospects. The earnings miss explains why ALV shares have decreased and traded with elevated volume. Autoliv Slides After Cost Headwinds Impact the Bottom Line
About Autoliv
Autoliv, Inc (NYSE: ALV) develops and manufactures automotive safety systems and components for vehicle manufacturers worldwide. The company focuses primarily on passive safety products designed to help protect occupants during a collision.
Its product portfolio includes airbags, seat belts, steering wheels, pedestrian protection systems, and associated safety electronics and control systems. Autoliv supplies these products to major automakers and supports vehicle programs across passenger cars and commercial vehicles.
Autoliv traces its roots to Sweden and has grown into an international automotive supplier with operations and customers across North America, Europe, Asia, and other major automotive markets.
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