Autoliv, Inc. (NYSE:ALV) to Release Earnings on Friday
Autoliv, Inc. (NYSE:ALV) is scheduled to be issuing its quarterly earnings data on Friday, July 21st. Analysts expect the company to announce earnings of $1.50 per share for the quarter.
Autoliv (NYSE:ALV) last issued its quarterly earnings results on Friday, April 28th. The auto parts company reported $1.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.13. The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a net margin of 5.60% and a return on equity of 14.78%. Autoliv’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.66 EPS. On average, analysts expect Autoliv to post $6.26 EPS for the current fiscal year and $7.05 EPS for the next fiscal year.
Shares of Autoliv, Inc. (NYSE ALV) opened at 117.26 on Thursday. The firm has a market cap of $10.36 billion, a PE ratio of 17.96 and a beta of 1.14. Autoliv, Inc. has a 52 week low of $93.31 and a 52 week high of $117.54. The company’s 50-day moving average is $112.54 and its 200-day moving average is $107.07.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Wednesday, August 23rd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Monday, August 21st. Autoliv’s dividend payout ratio (DPR) is 36.75%.
In other Autoliv news, VP Svante Mogefors sold 6,738 shares of the business’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $102.46, for a total value of $690,375.48. Following the sale, the vice president now directly owns 17,269 shares in the company, valued at $1,769,381.74. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert W. Alspaugh sold 1,156 shares of the business’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $109.87, for a total transaction of $127,009.72. Following the completion of the sale, the director now owns 3,800 shares in the company, valued at $417,506. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by insiders.
Several brokerages have recently issued reports on ALV. Mizuho raised shares of Autoliv from a “neutral” rating to a “buy” rating and boosted their price target for the company from $108.00 to $130.00 in a report on Monday. Royal Bank Of Canada reissued a “hold” rating and set a $98.00 price target on shares of Autoliv in a report on Thursday, July 6th. BidaskClub raised shares of Autoliv from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 6th. Jefferies Group LLC reissued a “buy” rating and set a $119.00 price target on shares of Autoliv in a report on Friday, June 16th. Finally, Guggenheim began coverage on shares of Autoliv in a report on Wednesday, June 21st. They set a “neutral” rating and a $102.00 price target for the company. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Autoliv has an average rating of “Hold” and a consensus price target of $106.92.
Autoliv Company Profile
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
Receive News & Ratings for Autoliv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv Inc. and related companies with MarketBeat.com's FREE daily email newsletter.