Shares of Aptiv PLC (NYSE:APTV) have earned an average rating of “Buy” from the twenty-two brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $103.73.

A number of analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Aptiv from a “hold” rating to a “sell” rating in a research report on Friday, November 16th. Deutsche Bank assumed coverage on shares of Aptiv in a research report on Thursday, December 13th. They issued a “buy” rating on the stock. Jefferies Financial Group assumed coverage on shares of Aptiv in a research report on Tuesday, December 4th. They issued a “buy” rating and a $100.00 price target on the stock. KeyCorp assumed coverage on shares of Aptiv in a research report on Monday, December 10th. They issued an “overweight” rating and a $95.00 price target on the stock. Finally, Citigroup cut their price target on shares of Aptiv from $99.00 to $93.00 and set a “buy” rating on the stock in a research report on Friday, November 2nd.

Shares of NYSE:APTV opened at $64.44 on Tuesday. The company has a market capitalization of $17.38 billion, a P/E ratio of 13.89, a PEG ratio of 1.00 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. Aptiv has a fifty-two week low of $63.87 and a fifty-two week high of $103.23.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Wednesday, October 31st. The auto parts company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.04. The business had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.41 billion. Aptiv had a net margin of 7.56% and a return on equity of 37.53%. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. On average, analysts forecast that Aptiv will post 5.15 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Investors of record on Wednesday, November 7th were paid a dividend of $0.22 per share. The ex-dividend date was Tuesday, November 6th. This represents a $0.88 dividend on an annualized basis and a yield of 1.37%. Aptiv’s payout ratio is 18.97%.

In other Aptiv news, insider Kevin P. Clark bought 11,310 shares of the stock in a transaction that occurred on Tuesday, December 11th. The stock was acquired at an average cost of $67.43 per share, with a total value of $762,633.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.32% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of APTV. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Aptiv during the 2nd quarter worth approximately $776,000. First Trust Advisors LP bought a new position in shares of Aptiv during the 2nd quarter worth approximately $2,731,000. Arizona State Retirement System grew its stake in shares of Aptiv by 6.9% during the 2nd quarter. Arizona State Retirement System now owns 84,963 shares of the auto parts company’s stock worth $7,785,000 after acquiring an additional 5,518 shares in the last quarter. CIBC World Markets Inc. grew its stake in shares of Aptiv by 73.0% during the 2nd quarter. CIBC World Markets Inc. now owns 7,731 shares of the auto parts company’s stock worth $708,000 after acquiring an additional 3,263 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in shares of Aptiv by 2.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,002,337 shares of the auto parts company’s stock worth $91,845,000 after acquiring an additional 21,060 shares in the last quarter. 93.17% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for Aptiv (NYSE:APTV)

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