Aptiv (NYSE:APTV) had its target price increased by research analysts at Robert W. Baird from $106.00 to $107.00 in a research report issued on Tuesday. The brokerage presently has an “outperform” rating on the auto parts company’s stock. Robert W. Baird’s target price would suggest a potential upside of 23.10% from the stock’s current price.

A number of other brokerages have also issued reports on APTV. Royal Bank of Canada raised their price objective on shares of Aptiv to $110.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Barclays raised their price objective on shares of Aptiv from $104.00 to $114.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Piper Jaffray raised their price objective on shares of Aptiv from $105.00 to $108.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Buckingham Research raised their price target on shares of Aptiv from $93.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Finally, Guggenheim restated a “buy” rating and set a $104.00 price target on shares of Aptiv in a report on Wednesday, January 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nineteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $99.00.

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Shares of NYSE APTV opened at $86.92 on Tuesday. The company has a market capitalization of $22,731.96, a P/E ratio of 18.73, a price-to-earnings-growth ratio of 1.23 and a beta of 1.49. Aptiv has a 1 year low of $61.73 and a 1 year high of $96.91. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.59 and a quick ratio of 1.29.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 1st. The auto parts company reported $1.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.05). The business had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.31 billion. Aptiv had a net margin of 8.27% and a return on equity of 50.01%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.83 EPS. analysts forecast that Aptiv will post 5.15 earnings per share for the current fiscal year.

In other news, SVP David Paja sold 6,287 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $92.08, for a total transaction of $578,906.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frank J. Dellaquila acquired 500 shares of Aptiv stock in a transaction dated Friday, February 9th. The shares were bought at an average cost of $86.50 per share, with a total value of $43,250.00. The disclosure for this purchase can be found here. Company insiders own 0.32% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. acquired a new stake in Aptiv in the 4th quarter valued at $2,049,000. Envestnet Asset Management Inc. acquired a new stake in Aptiv in the 4th quarter valued at $2,394,000. Dixon Hubard Feinour & Brown Inc. VA acquired a new stake in Aptiv in the 4th quarter valued at $263,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new stake in Aptiv in the 4th quarter valued at $14,141,000. Finally, Intercontinental Wealth Advisors LLC acquired a new stake in Aptiv in the 4th quarter valued at $267,000. 92.50% of the stock is owned by institutional investors and hedge funds.

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About Aptiv

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segments, Signal and Power Solutions; and Advanced Safety and User Experience.

Analyst Recommendations for Aptiv (NYSE:APTV)

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