Brokerages Set Autoliv, Inc. (NYSE:ALV) PT at $135.93

Autoliv, Inc. (NYSE:ALV) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $135.9333.

Several equities research analysts recently commented on ALV shares. Robert W. Baird boosted their target price on Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. UBS Group boosted their price target on shares of Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Wells Fargo & Company upped their price objective on shares of Autoliv from $116.00 to $122.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Bank of America began coverage on Autoliv in a report on Thursday, April 16th. They issued a “buy” rating and a $140.00 target price on the stock. Finally, Wall Street Zen downgraded Autoliv from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th.

Autoliv Stock Performance

Shares of ALV opened at $123.01 on Monday. The firm has a fifty day moving average of $121.69 and a 200-day moving average of $118.35. The company has a market cap of $9.01 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 0.96 and a beta of 1.34. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.03. Autoliv has a 1 year low of $99.16 and a 1 year high of $132.17.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 earnings per share for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.03). The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.77 billion. Autoliv had a return on equity of 29.36% and a net margin of 5.79%.The firm’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the business earned $2.21 EPS. As a group, equities analysts anticipate that Autoliv will post 10.11 earnings per share for the current year.

Insider Activity at Autoliv

In other Autoliv news, Director Jan Carlson sold 19,607 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $130.00, for a total value of $2,548,910.00. Following the completion of the transaction, the director owned 60,000 shares of the company’s stock, valued at $7,800,000. This represents a 24.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.34% of the company’s stock.

Institutional Trading of Autoliv

Hedge funds have recently modified their holdings of the stock. Artemis Investment Management LLP purchased a new position in Autoliv in the fourth quarter valued at about $2,075,000. SG Americas Securities LLC lifted its position in shares of Autoliv by 576.9% during the fourth quarter. SG Americas Securities LLC now owns 17,287 shares of the auto parts company’s stock valued at $2,052,000 after buying an additional 14,733 shares during the last quarter. Leuthold Group LLC lifted its position in shares of Autoliv by 29.2% during the fourth quarter. Leuthold Group LLC now owns 54,579 shares of the auto parts company’s stock valued at $6,479,000 after buying an additional 12,340 shares during the last quarter. LSV Asset Management boosted its holdings in shares of Autoliv by 6.5% in the 4th quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company’s stock valued at $199,607,000 after buying an additional 101,922 shares in the last quarter. Finally, Arbejdsmarkedets Tillaegspension bought a new stake in shares of Autoliv in the 4th quarter valued at about $23,782,000. 69.57% of the stock is owned by institutional investors.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.