Aptiv PLC (NYSE:APTV) – Equities researchers at Jefferies Financial Group issued their Q3 2021 earnings per share (EPS) estimates for Aptiv in a note issued to investors on Tuesday, October 12th. Jefferies Financial Group analyst D. Kelley forecasts that the auto parts company will post earnings of $0.28 per share for the quarter. Jefferies Financial Group has a “Buy” rating and a $184.00 price target on the stock. Jefferies Financial Group also issued estimates for Aptiv’s Q4 2021 earnings at $0.53 EPS, FY2021 earnings at $2.47 EPS, Q1 2022 earnings at $0.99 EPS, Q2 2022 earnings at $1.25 EPS, Q3 2022 earnings at $1.20 EPS, Q4 2022 earnings at $1.26 EPS and FY2022 earnings at $4.70 EPS.
Other equities research analysts have also recently issued reports about the stock. The Goldman Sachs Group reduced their target price on shares of Aptiv from $176.00 to $174.00 and set a “buy” rating for the company in a research report on Sunday, September 26th. Barclays raised their target price on shares of Aptiv from $174.00 to $186.00 and gave the stock an “overweight” rating in a research note on Monday. Morgan Stanley upped their price target on Aptiv from $210.00 to $217.00 and gave the company an “overweight” rating in a research report on Thursday, October 7th. Piper Sandler lowered their price objective on Aptiv from $182.00 to $177.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Oppenheimer raised their target price on Aptiv from $171.00 to $179.00 and gave the stock an “outperform” rating in a research note on Friday, August 6th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $163.65.
Aptiv (NYSE:APTV) last posted its quarterly earnings data on Wednesday, August 4th. The auto parts company reported $0.60 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.07). The firm had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.59 billion. Aptiv had a return on equity of 13.68% and a net margin of 6.72%. The company’s quarterly revenue was up 94.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.10) earnings per share.
Large investors have recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV lifted its stake in Aptiv by 102.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 192 shares of the auto parts company’s stock valued at $29,000 after buying an additional 97 shares during the last quarter. Anfield Capital Management LLC acquired a new position in shares of Aptiv in the 2nd quarter valued at $31,000. Trustcore Financial Services LLC raised its position in Aptiv by 237.8% in the 2nd quarter. Trustcore Financial Services LLC now owns 250 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 176 shares during the last quarter. Glassman Wealth Services acquired a new stake in Aptiv during the 2nd quarter worth $39,000. Finally, Wagner Wealth Management LLC acquired a new stake in Aptiv during the 1st quarter worth $47,000. Hedge funds and other institutional investors own 89.34% of the company’s stock.
Aptiv Plc engages in the design, development, and manufacture of vehicle components. The firm also provides electrical, electronic, and safety technology solutions to the global automotive and commercial vehicle markets. It operates through the following business segments: Signal and Power Solutions, Advanced Safety and User Experience, and Eliminations and Other.
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