Autoliv (ALV) Earning Somewhat Favorable News Coverage, Report Shows
News stories about Autoliv (NYSE:ALV) have been trending somewhat positive on Friday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Autoliv earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 46.2603152495484 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- A Look at Valuation For Shares of Huntington Bancshares Incorporated (NasdaqGS:HBAN) (footballhebdo.com)
- IHS Markit Score Update: Drop in demand for ETFs holding Autoliv Inc is a negative sign for its shares (finance.yahoo.com)
- IHS Markit Score Update: Rise in demand for ETFs holding Autoliv Inc is a positive for its shares (finance.yahoo.com)
- Analyzing Autoliv (ALV) and Cooper-Standard Holdings (CPS) (americanbankingnews.com)
- ETFs with exposure to Autoliv, Inc. : August 7, 2017 (finance.yahoo.com)
Autoliv (NYSE ALV) traded up 0.18% during mid-day trading on Friday, hitting $107.20. 304,022 shares of the stock were exchanged. The company has a 50-day moving average of $111.03 and a 200-day moving average of $106.67. Autoliv has a 52 week low of $93.31 and a 52 week high of $117.54. The stock has a market capitalization of $9.32 billion, a PE ratio of 16.94 and a beta of 1.13.
Autoliv (NYSE:ALV) last posted its earnings results 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. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.57 billion. Autoliv had a net margin of 5.44% and a return on equity of 13.96%. The business’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.75 earnings per share. On average, equities analysts predict that Autoliv will post $6.22 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Wednesday, August 23rd will be paid 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 2.24%. Autoliv’s payout ratio is 37.97%.
ALV has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated a “hold” rating and issued a $99.00 price objective on shares of Autoliv in a research note on Friday, April 28th. Barclays PLC reduced their price objective on shares of Autoliv from $88.00 to $86.00 and set an “underweight” rating for the company in a research note on Monday, May 1st. Jefferies Group LLC set a $108.00 price objective on shares of Autoliv and gave the company a “hold” rating in a research note on Sunday, April 30th. Zacks Investment Research lowered shares of Autoliv from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. Finally, Morgan Stanley upgraded shares of Autoliv from an “equal weight” rating to an “overweight” rating and set a $120.00 price objective for the company in a research note on Wednesday, May 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $105.32.
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In related news, Director Robert W. Alspaugh sold 1,156 shares of the firm’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $109.87, for a total transaction of $127,009.72. Following the completion of the transaction, the director now directly owns 3,800 shares of the company’s stock, valued at $417,506. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Thomas Jonsson sold 1,240 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $108.55, for a total transaction of $134,602.00. Following the transaction, the vice president now directly owns 2,311 shares of the company’s stock, valued at $250,859.05. The disclosure for this sale can be found here. Company insiders own 0.25% of the company’s stock.
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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