Aptiv (APTV) Set to Announce Quarterly Earnings on Thursday


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Aptiv (NYSE:APTV) will be posting its quarterly earnings results before the market opens on Thursday, May 6th. Analysts expect Aptiv to post earnings of $0.79 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Tuesday, February 2nd. The auto parts company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.12. Aptiv had a return on equity of 8.42% and a net margin of 13.94%. The firm had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $3.85 billion. During the same period in the prior year, the firm earned $1.15 EPS. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. On average, analysts expect Aptiv to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of NYSE APTV opened at $139.74 on Wednesday. Aptiv has a 12-month low of $57.26 and a 12-month high of $160.14. The company has a market cap of $37.79 billion, a P/E ratio of 20.98, a P/E/G ratio of 3.26 and a beta of 2.25. The company has a current ratio of 1.84, a quick ratio of 1.50 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average price of $142.70 and a 200 day moving average price of $132.95.

In other Aptiv news, SVP Vos Glen W. De sold 2,056 shares of Aptiv stock in a transaction that occurred on Monday, March 22nd. The shares were sold at an average price of $146.23, for a total value of $300,648.88. Following the transaction, the senior vice president now owns 59,700 shares in the company, valued at $8,729,931. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.55% of the stock is owned by company insiders.

APTV has been the subject of several recent research reports. Robert W. Baird reiterated a “buy” rating on shares of Aptiv in a report on Friday, March 5th. JPMorgan Chase & Co. downgraded Aptiv from an “overweight” rating to a “neutral” rating and raised their target price for the company from $110.00 to $134.00 in a research note on Friday, January 22nd. They noted that the move was a valuation call. Wells Fargo & Company began coverage on Aptiv in a research note on Wednesday, March 31st. They set an “underweight” rating and a $119.00 target price for the company. Piper Sandler raised their target price on Aptiv from $110.00 to $180.00 and gave the company an “overweight” rating in a research note on Monday, March 8th. Finally, Credit Suisse Group raised their target price on Aptiv from $137.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, February 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $130.25.

Aptiv Company Profile

Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Earnings History for Aptiv (NYSE:APTV)

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