Aptiv (APTV) to Release Earnings on Thursday

Aptiv (NYSE:APTV) is scheduled to be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Aptiv (NYSE:APTV) last posted its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. The firm had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. On average, analysts expect Aptiv to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Aptiv Stock Down 1.9 %

APTV opened at $71.00 on Wednesday. The firm has a 50 day moving average price of $76.21 and a 200 day moving average price of $80.93. The company has a market cap of $19.36 billion, a PE ratio of 6.85, a price-to-earnings-growth ratio of 0.91 and a beta of 1.90. Aptiv has a 1 year low of $68.84 and a 1 year high of $113.60. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.22 and a current ratio of 1.72.

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 18,680 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the completion of the sale, the senior vice president now owns 95,211 shares of the company’s stock, valued at $7,396,942.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on APTV shares. Piper Sandler dropped their target price on shares of Aptiv from $80.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. Royal Bank of Canada dropped their target price on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating for the company in a research report on Thursday, February 1st. JPMorgan Chase & Co. dropped their target price on shares of Aptiv from $110.00 to $109.00 and set an “overweight” rating for the company in a research report on Monday, April 22nd. Morgan Stanley downgraded shares of Aptiv from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $90.00 to $74.00 in a research report on Wednesday, February 7th. Finally, Citigroup lowered their price objective on shares of Aptiv from $150.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.93.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.