Somewhat Favorable News Coverage Somewhat Unlikely to Affect Autoliv (NYSE:ALV) Stock Price
News articles about Autoliv (NYSE:ALV) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Autoliv earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 46.0108759319211 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Why Pimco Is Attracting So Much Money (finance.yahoo.com)
- (CSBK) To Go Ex-Dividend on August 9th (famososartistas.com)
- El-Erian Sees Risk of Relying on Fed for Too Long (finance.yahoo.com)
- $2.48 Billion in Sales Expected for Autoliv, Inc. (NYSE:ALV) This Quarter (americanbankingnews.com)
ALV has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued a “hold” rating and set a $99.00 price target on shares of Autoliv in a research report on Friday, April 28th. Barclays PLC reduced their price target on shares of Autoliv from $88.00 to $86.00 and set an “underweight” rating on the stock in a research report on Monday, May 1st. Jefferies Group LLC set a $108.00 price target on shares of Autoliv and gave the stock a “hold” rating in a research report on Sunday, April 30th. Zacks Investment Research cut shares of Autoliv from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. Finally, Morgan Stanley raised shares of Autoliv from an “equal weight” rating to an “overweight” rating and set a $120.00 price target on the stock in a research report on Wednesday, May 24th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. Autoliv currently has an average rating of “Hold” and an average price target of $105.32.
Shares of Autoliv (ALV) opened at 109.04 on Friday. The firm has a market capitalization of $9.48 billion, a price-to-earnings ratio of 17.23 and a beta of 1.13. Autoliv has a 52 week low of $93.31 and a 52 week high of $117.54. The firm has a 50-day moving average of $111.41 and a 200 day moving average of $106.78.
Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, July 21st. The auto parts company reported $1.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $0.04. Autoliv had a return on equity of 13.96% and a net margin of 5.44%. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same quarter in the previous year, the company posted $1.75 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis. On average, equities analysts predict that Autoliv will post $6.23 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Wednesday, August 23rd will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, August 21st. This represents a $2.40 annualized dividend and a yield of 2.20%. Autoliv’s payout ratio is 37.97%.
In other Autoliv news, VP Svante Mogefors sold 6,738 shares of the company’s stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $102.46, for a total transaction of $690,375.48. Following the transaction, the vice president now owns 17,269 shares in the company, valued at $1,769,381.74. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert W. Alspaugh sold 1,156 shares of the company’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $109.87, for a total transaction of $127,009.72. Following the transaction, the director now owns 3,800 shares in the company, valued at approximately $417,506. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,134 shares of company stock worth $951,987. Corporate insiders own 0.25% of the company’s stock.
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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.
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