Autoliv (ALV) Stock Rating Reaffirmed by Robert W. Baird
Other equities research analysts have also issued research reports about the company. Jefferies Group reissued a buy rating and issued a $145.00 target price (up previously from $125.00) on shares of Autoliv in a research report on Thursday, September 21st. They noted that the move was a valuation call. ValuEngine raised Autoliv from a hold rating to a buy rating in a research report on Friday, September 15th. Mizuho lifted their target price on Autoliv from $130.00 to $140.00 and gave the company a buy rating in a research report on Friday, September 15th. Zacks Investment Research raised Autoliv from a hold rating to a buy rating and set a $142.00 target price on the stock in a research report on Tuesday, October 17th. Finally, Pareto Securities raised Autoliv from a hold rating to a buy rating in a research report on Friday, October 27th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the stock. Autoliv has a consensus rating of Hold and an average price target of $115.20.
Autoliv (NYSE ALV) traded up $1.27 during trading hours on Tuesday, hitting $136.29. The stock had a trading volume of 286,097 shares, compared to its average volume of 355,963. Autoliv has a fifty-two week low of $96.08 and a fifty-two week high of $136.30. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.55 and a quick ratio of 1.23. The company has a market cap of $11,740.41, a PE ratio of 23.50, a PEG ratio of 2.32 and a beta of 1.11.
Autoliv (NYSE:ALV) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.33 by $0.14. Autoliv had a return on equity of 13.42% and a net margin of 4.96%. The business had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the business posted $1.63 EPS. Autoliv’s revenue for the quarter was up 1.6% on a year-over-year basis. equities analysts anticipate that Autoliv will post 6.27 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Wednesday, February 21st. Autoliv’s dividend payout ratio (DPR) is 41.38%.
In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $128.00, for a total transaction of $507,520.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.25% of the stock is owned by insiders.
Several large investors have recently bought and sold shares of the business. DnB Asset Management AS acquired a new position in shares of Autoliv during the 4th quarter worth approximately $1,366,000. GSA Capital Partners LLP acquired a new position in shares of Autoliv during the 3rd quarter worth approximately $422,000. Coastline Trust Co increased its holdings in shares of Autoliv by 16.6% during the 3rd quarter. Coastline Trust Co now owns 18,550 shares of the auto parts company’s stock worth $2,293,000 after acquiring an additional 2,640 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in shares of Autoliv by 78.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 44,073 shares of the auto parts company’s stock worth $5,447,000 after acquiring an additional 19,344 shares during the last quarter. Finally, California Public Employees Retirement System increased its holdings in shares of Autoliv by 4.7% during the 3rd quarter. California Public Employees Retirement System now owns 222,108 shares of the auto parts company’s stock worth $27,453,000 after acquiring an additional 9,979 shares during the last quarter. 33.42% of the stock is currently owned by hedge funds and other institutional investors.
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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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