Analysts expect Aptiv PLC (NYSE:APTV) to post $3.65 billion in sales for the current fiscal quarter, Zacks reports. Nine analysts have made estimates for Aptiv’s earnings, with estimates ranging from $3.63 billion to $3.69 billion. Aptiv reported sales of $3.68 billion in the same quarter last year, which would suggest a negative year over year growth rate of 0.8%. The business is scheduled to report its next earnings results on Tuesday, July 30th.

On average, analysts expect that Aptiv will report full year sales of $14.76 billion for the current financial year, with estimates ranging from $14.50 billion to $15.24 billion. For the next financial year, analysts expect that the firm will report sales of $15.75 billion, with estimates ranging from $15.30 billion to $16.23 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover Aptiv.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, May 2nd. The auto parts company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.05. Aptiv had a return on equity of 35.66% and a net margin of 6.95%. The business had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same period last year, the company earned $1.29 earnings per share. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year.

Several analysts have recently weighed in on APTV shares. Longbow Research reiterated a “buy” rating and set a $110.00 target price on shares of Aptiv in a research report on Monday, January 28th. Barclays lifted their price objective on Aptiv to $90.00 and gave the company an “overweight” rating in a report on Friday, February 1st. Royal Bank of Canada lifted their price objective on Aptiv to $88.00 and gave the company an “outperform” rating in a report on Friday, February 1st. BMO Capital Markets lifted their price objective on Aptiv from $84.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, February 1st. Finally, KeyCorp set a $95.00 price objective on Aptiv and gave the company a “buy” rating in a report on Saturday, February 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $92.80.

In related news, SVP David M. Sherbin sold 19,689 shares of Aptiv stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $86.79, for a total value of $1,708,808.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.40% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc grew its stake in shares of Aptiv by 1.6% during the third quarter. Vanguard Group Inc now owns 22,946,461 shares of the auto parts company’s stock worth $1,925,209,000 after acquiring an additional 360,751 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Aptiv by 11.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 11,838,589 shares of the auto parts company’s stock worth $728,902,000 after acquiring an additional 1,234,844 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in shares of Aptiv by 7.2% during the first quarter. Artisan Partners Limited Partnership now owns 7,567,450 shares of the auto parts company’s stock worth $601,537,000 after acquiring an additional 507,774 shares during the last quarter. Norges Bank purchased a new stake in shares of Aptiv during the fourth quarter worth about $380,134,000. Finally, Lazard Asset Management LLC grew its stake in shares of Aptiv by 1.4% during the first quarter. Lazard Asset Management LLC now owns 5,879,004 shares of the auto parts company’s stock worth $467,321,000 after acquiring an additional 83,653 shares during the last quarter. Institutional investors and hedge funds own 92.81% of the company’s stock.

Shares of NYSE:APTV traded up $0.09 on Friday, hitting $67.81. 2,089,840 shares of the company’s stock were exchanged, compared to its average volume of 1,725,259. Aptiv has a 12 month low of $58.80 and a 12 month high of $103.23. The company has a market cap of $17.48 billion, a price-to-earnings ratio of 12.89, a price-to-earnings-growth ratio of 1.30 and a beta of 1.79. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th were issued a $0.22 dividend. The ex-dividend date was Tuesday, May 7th. This represents a $0.88 annualized dividend and a dividend yield of 1.30%. Aptiv’s payout ratio is currently 16.73%.

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 segment, 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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