Wall Street brokerages expect Aptiv PLC (NYSE:APTV) to report earnings per share (EPS) of $1.23 for the current quarter, according to Zacks. Five analysts have issued estimates for Aptiv’s earnings, with estimates ranging from $1.22 to $1.23. Aptiv reported earnings per share of $1.28 during the same quarter last year, which suggests a negative year-over-year growth rate of 3.9%. The company is expected to announce its next earnings report on Thursday, February 7th.

On average, analysts expect that Aptiv will report full year earnings of $5.15 per share for the current fiscal year, with EPS estimates ranging from $5.14 to $5.16. For the next financial year, analysts expect that the company will post earnings of $5.66 per share, with EPS estimates ranging from $5.43 to $6.09. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Aptiv.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Wednesday, October 31st. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.04. Aptiv had a net margin of 7.56% and a return on equity of 37.53%. The company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.41 billion. Aptiv’s revenue was up 10.7% on a year-over-year basis.

A number of equities analysts have weighed in on the stock. Longbow Research set a $110.00 target price on shares of Aptiv and gave the company a “buy” rating in a research note on Friday, August 24th. Robert W. Baird reiterated a “buy” rating and set a $115.00 price target on shares of Aptiv in a report on Wednesday, August 1st. Cowen set a $112.00 price target on shares of Aptiv and gave the company a “buy” rating in a report on Tuesday, July 31st. TheStreet cut shares of Aptiv from a “b” rating to a “c+” rating in a report on Wednesday, October 31st. Finally, Wolfe Research began coverage on shares of Aptiv in a report on Tuesday, October 2nd. They set an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. Aptiv presently has an average rating of “Buy” and a consensus target price of $97.11.

Shares of NYSE APTV traded down $1.60 on Wednesday, reaching $72.58. 828,589 shares of the company’s stock traded hands, compared to its average volume of 2,831,103. Aptiv has a 12 month low of $71.66 and a 12 month high of $103.23. The company has a market capitalization of $19.54 billion, a price-to-earnings ratio of 15.64, a P/E/G ratio of 1.07 and a beta of 1.59. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.14 and a current ratio of 1.54.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 21st. Investors of record on Wednesday, November 7th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.21%. The ex-dividend date is Tuesday, November 6th. Aptiv’s dividend payout ratio is currently 18.97%.

In related news, SVP Susan M. Suver sold 1,174 shares of the firm’s stock in a transaction that occurred on Tuesday, August 21st. The shares were sold at an average price of $95.00, for a total value of $111,530.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Frank J. Dellaquila bought 750 shares of the company’s stock in a transaction that occurred on Thursday, August 23rd. The stock was bought at an average price of $89.00 per share, for a total transaction of $66,750.00. The disclosure for this purchase can be found here. Company insiders own 0.32% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Calamos Advisors LLC boosted its stake in shares of Aptiv by 54.6% during the 3rd quarter. Calamos Advisors LLC now owns 278,577 shares of the auto parts company’s stock worth $23,373,000 after acquiring an additional 98,350 shares during the last quarter. TD Asset Management Inc. boosted its stake in shares of Aptiv by 19.6% during the 2nd quarter. TD Asset Management Inc. now owns 421,219 shares of the auto parts company’s stock worth $38,596,000 after acquiring an additional 69,120 shares during the last quarter. Douglas Lane & Associates LLC boosted its stake in shares of Aptiv by 0.4% during the 3rd quarter. Douglas Lane & Associates LLC now owns 867,691 shares of the auto parts company’s stock worth $72,799,000 after acquiring an additional 3,766 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Aptiv by 7.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 760,478 shares of the auto parts company’s stock worth $69,685,000 after acquiring an additional 49,973 shares during the last quarter. Finally, Global X Management Co LLC boosted its stake in shares of Aptiv by 236.1% during the 2nd quarter. Global X Management Co LLC now owns 8,978 shares of the auto parts company’s stock worth $823,000 after acquiring an additional 6,307 shares during the last quarter. Institutional investors own 90.45% of the company’s stock.

Aptiv Company Profile

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.

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Earnings History and Estimates for Aptiv (NYSE:APTV)

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