Wall Street brokerages expect that Autoliv Inc. (NYSE:ALV) will post sales of $2.28 billion for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Autoliv’s earnings. The highest sales estimate is $2.29 billion and the lowest is $2.26 billion. Autoliv reported sales of $2.73 billion in the same quarter last year, which indicates a negative year-over-year growth rate of 16.5%. The firm is scheduled to issue its next earnings results on Tuesday, January 29th.

On average, analysts expect that Autoliv will report full year sales of $8.76 billion for the current financial year, with estimates ranging from $8.71 billion to $8.82 billion. For the next fiscal year, analysts expect that the business will post sales of $9.20 billion, with estimates ranging from $9.09 billion to $9.35 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Autoliv.

Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, October 26th. The auto parts company reported $1.35 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.58 by ($0.23). Autoliv had a return on equity of 20.06% and a net margin of 3.52%. The firm had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same period last year, the company earned $1.64 earnings per share. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year.

A number of research firms recently weighed in on ALV. Citigroup reduced their price objective on shares of Autoliv from $104.00 to $100.00 and set a “neutral” rating on the stock in a research report on Thursday, August 9th. Zacks Investment Research raised shares of Autoliv from a “hold” rating to a “buy” rating and set a $103.00 price objective on the stock in a research report on Monday, August 20th. BMO Capital Markets reissued a “buy” rating and issued a $114.00 price objective on shares of Autoliv in a research report on Wednesday, August 29th. ValuEngine raised shares of Autoliv from a “strong sell” rating to a “sell” rating in a research report on Monday, November 26th. Finally, Sanford C. Bernstein raised shares of Autoliv from an “underperform” rating to a “market perform” rating in a research report on Monday, November 26th. Four investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and four have given a buy rating to the stock. Autoliv currently has a consensus rating of “Hold” and a consensus price target of $108.00.

A number of hedge funds have recently modified their holdings of ALV. Bank of Montreal Can grew its stake in Autoliv by 19.7% in the 2nd quarter. Bank of Montreal Can now owns 6,496 shares of the auto parts company’s stock worth $650,000 after acquiring an additional 1,068 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Autoliv by 11.4% during the second quarter. Janney Montgomery Scott LLC now owns 6,088 shares of the auto parts company’s stock valued at $872,000 after purchasing an additional 624 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Autoliv by 176.2% during the second quarter. BNP Paribas Arbitrage SA now owns 15,880 shares of the auto parts company’s stock valued at $2,274,000 after purchasing an additional 10,131 shares in the last quarter. BP PLC bought a new position in shares of Autoliv during the second quarter valued at approximately $1,575,000. Finally, Aperio Group LLC boosted its stake in shares of Autoliv by 3.9% during the second quarter. Aperio Group LLC now owns 14,476 shares of the auto parts company’s stock valued at $2,073,000 after purchasing an additional 546 shares in the last quarter. Institutional investors and hedge funds own 31.69% of the company’s stock.

Autoliv stock traded down $3.34 during midday trading on Friday, reaching $82.88. The stock had a trading volume of 808,806 shares, compared to its average volume of 770,646. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.25 and a quick ratio of 0.96. Autoliv has a 52-week low of $75.99 and a 52-week high of $115.37. The firm has a market capitalization of $7.51 billion, a P/E ratio of 12.60, a price-to-earnings-growth ratio of 0.72 and a beta of 1.16.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 7th. Shareholders of record on Friday, February 22nd will be paid a $0.62 dividend. The ex-dividend date is Thursday, February 21st. This represents a $2.48 dividend on an annualized basis and a yield of 2.99%. Autoliv’s dividend payout ratio is currently 37.69%.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers 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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Earnings History and Estimates for Autoliv (NYSE:ALV)

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