Wall Street brokerages forecast that Autoliv Inc. (NYSE:ALV) will report earnings of $1.79 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Autoliv’s earnings, with the lowest EPS estimate coming in at $1.77 and the highest estimate coming in at $1.81. Autoliv reported earnings per share of $1.42 during the same quarter last year, which would suggest a positive year-over-year growth rate of 26.1%. The company is expected to issue its next quarterly earnings report before the market opens on Tuesday, January 28th.

On average, analysts expect that Autoliv will report full-year earnings of $5.65 per share for the current fiscal year, with EPS estimates ranging from $5.53 to $5.69. For the next year, analysts anticipate that the firm will report earnings of $6.63 per share, with EPS estimates ranging from $6.13 to $6.80. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Autoliv.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, October 25th. The auto parts company reported $1.30 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.08). Autoliv had a return on equity of 23.42% and a net margin of 2.51%. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same period last year, the firm earned $1.35 EPS. The company’s quarterly revenue was down .2% on a year-over-year basis.

A number of brokerages have weighed in on ALV. Mizuho reaffirmed a “buy” rating and issued a $91.00 price objective on shares of Autoliv in a report on Wednesday, November 20th. Deutsche Bank raised Autoliv from a “sell” rating to a “hold” rating and increased their target price for the stock from $58.00 to $78.00 in a research note on Friday, October 4th. ValuEngine raised Autoliv from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd. Wolfe Research upgraded Autoliv from an “underperform” rating to a “peer perform” rating in a research note on Friday, November 22nd. Finally, Evercore ISI began coverage on Autoliv in a report on Tuesday, November 12th. They set a “hold” rating and a $70.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company’s stock. Autoliv presently has a consensus rating of “Hold” and an average price target of $75.87.

Autoliv stock traded up $0.35 during mid-day trading on Friday, reaching $81.49. 13,782 shares of the company were exchanged, compared to its average volume of 594,498. The firm’s 50-day simple moving average is $81.91 and its two-hundred day simple moving average is $73.19. Autoliv has a twelve month low of $61.07 and a twelve month high of $86.83. The firm has a market cap of $7.11 billion, a PE ratio of 11.93 and a beta of 1.49. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 1.26.

A number of large investors have recently added to or reduced their stakes in ALV. World Asset Management Inc lifted its holdings in shares of Autoliv by 4.5% in the 2nd quarter. World Asset Management Inc now owns 3,802 shares of the auto parts company’s stock worth $268,000 after purchasing an additional 163 shares during the last quarter. BTIM Corp. increased its position in Autoliv by 31.9% in the second quarter. BTIM Corp. now owns 123,521 shares of the auto parts company’s stock worth $8,709,000 after buying an additional 29,850 shares during the period. Financial Gravity Wealth Inc. lifted its stake in Autoliv by 495.4% in the second quarter. Financial Gravity Wealth Inc. now owns 774 shares of the auto parts company’s stock valued at $55,000 after buying an additional 644 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Autoliv by 1.6% in the second quarter. Janney Montgomery Scott LLC now owns 8,988 shares of the auto parts company’s stock valued at $634,000 after buying an additional 144 shares during the last quarter. Finally, First Trust Advisors LP acquired a new position in shares of Autoliv during the second quarter valued at $2,714,000. 39.06% of the stock is currently owned by institutional investors.

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.

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