Aptiv PLC (NYSE:APTV) – Equities research analysts at Jefferies Financial Group issued their FY2018 EPS estimates for Aptiv in a report released on Monday, December 3rd. Jefferies Financial Group analyst D. Kelley anticipates that the auto parts company will earn $5.16 per share for the year. Jefferies Financial Group has a “Buy” rating and a $100.00 price objective on the stock. Jefferies Financial Group also issued estimates for Aptiv’s Q4 2018 earnings at $1.24 EPS, FY2019 earnings at $5.69 EPS and FY2020 earnings at $6.47 EPS.

Aptiv (NYSE:APTV) last released its earnings results on Wednesday, October 31st. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.04. Aptiv had a net margin of 7.56% and a return on equity of 37.53%. The business had revenue of $3.49 billion during the quarter, compared to analyst estimates of $3.41 billion. The business’s revenue was up 10.7% compared to the same quarter last year.

A number of other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Aptiv from a “hold” rating to a “sell” rating in a report on Friday, November 16th. Morgan Stanley dropped their target price on shares of Aptiv from $81.00 to $72.00 and set an “underweight” rating for the company in a report on Wednesday, November 14th. Citigroup dropped their target price on shares of Aptiv from $99.00 to $93.00 and set a “buy” rating for the company in a report on Friday, November 2nd. TheStreet lowered shares of Aptiv from a “b” rating to a “c+” rating in a report on Wednesday, October 31st. Finally, Wells Fargo & Co dropped their target price on shares of Aptiv from $106.00 to $98.00 and set an “outperform” rating for the company in a report on Thursday, November 1st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $99.33.

Aptiv stock opened at $71.58 on Thursday. Aptiv has a 52-week low of $70.41 and a 52-week high of $103.23. The firm has a market cap of $18.86 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.03 and a beta of 1.58. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 1.07.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Wednesday, November 7th were given a $0.22 dividend. The ex-dividend date was Tuesday, November 6th. This represents a $0.88 dividend on an annualized basis and a yield of 1.23%. Aptiv’s payout ratio is currently 18.97%.

In other Aptiv news, CFO Joseph R. Massaro sold 2,800 shares of the company’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $86.24, for a total value of $241,472.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.32% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of APTV. Steward Partners Investment Advisory LLC lifted its position in shares of Aptiv by 90.6% during the third quarter. Steward Partners Investment Advisory LLC now owns 1,506 shares of the auto parts company’s stock worth $126,000 after purchasing an additional 716 shares in the last quarter. Cranbrook Wealth Management LLC acquired a new stake in shares of Aptiv during the second quarter worth about $162,000. Capital Advisors Ltd. LLC acquired a new stake in shares of Aptiv during the third quarter worth about $154,000. Ropes Wealth Advisors LLC acquired a new stake in shares of Aptiv during the third quarter worth about $195,000. Finally, IFP Advisors Inc increased its stake in shares of Aptiv by 65.5% during the third quarter. IFP Advisors Inc now owns 2,391 shares of the auto parts company’s stock worth $201,000 after buying an additional 946 shares during the period. 93.34% of the stock is currently owned by institutional investors.

About Aptiv

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segments, Signal and Power Solutions; and Advanced Safety and User Experience.

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Earnings History and Estimates for Aptiv (NYSE:APTV)

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