Equities analysts expect Autoliv, Inc. (NYSE:ALV) to report sales of $2.71 billion for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Autoliv’s earnings, with the highest sales estimate coming in at $2.74 billion and the lowest estimate coming in at $2.67 billion. Autoliv reported sales of $2.60 billion in the same quarter last year, which would suggest a positive year over year growth rate of 4.2%. The company is expected to report its next earnings report on Thursday, February 1st.

On average, analysts expect that Autoliv will report full-year sales of $2.71 billion for the current year, with estimates ranging from $10.32 billion to $10.44 billion. For the next fiscal year, analysts expect that the firm will report sales of $11.14 billion per share, with estimates ranging from $10.93 billion to $11.50 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Autoliv.

Autoliv (NYSE:ALV) last announced its earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.33 by $0.14. Autoliv had a return on equity of 13.42% and a net margin of 4.96%. The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the company posted $1.63 EPS. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year.

Several research analysts recently issued reports on ALV shares. BidaskClub lowered Autoliv from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. ValuEngine raised Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Mizuho upped their target price on Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 15th. Jefferies Group LLC reaffirmed a “buy” rating and set a $145.00 target price (up from $125.00) on shares of Autoliv in a research report on Thursday, September 21st. They noted that the move was a valuation call. Finally, Zacks Investment Research raised Autoliv from a “hold” rating to a “buy” rating and set a $142.00 target price on the stock in a research report on Tuesday, October 17th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $108.55.

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Shares of Autoliv (NYSE ALV) traded down $2.06 during trading hours on Wednesday, reaching $120.87. The company had a trading volume of 338,996 shares, compared to its average volume of 547,410. Autoliv has a 12 month low of $96.08 and a 12 month high of $127.75. The firm has a market cap of $10,716.97, a price-to-earnings ratio of 19.66, a P/E/G ratio of 2.40 and a beta of 1.10. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31.

Several large investors have recently bought and sold shares of ALV. Principal Financial Group Inc. increased its stake in Autoliv by 915.3% during the second quarter. Principal Financial Group Inc. now owns 2,230,670 shares of the auto parts company’s stock worth $244,927,000 after acquiring an additional 2,010,970 shares during the last quarter. Carve CapitalAB purchased a new position in Autoliv in the second quarter valued at $22,304,000. Pictet Asset Management Ltd. boosted its holdings in Autoliv by 542.2% in the third quarter. Pictet Asset Management Ltd. now owns 234,400 shares of the auto parts company’s stock valued at $28,972,000 after purchasing an additional 197,900 shares during the period. FMR LLC boosted its holdings in Autoliv by 7.3% in the second quarter. FMR LLC now owns 1,821,095 shares of the auto parts company’s stock valued at $199,956,000 after purchasing an additional 123,781 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Autoliv by 11.8% in the second quarter. Dimensional Fund Advisors LP now owns 813,363 shares of the auto parts company’s stock valued at $89,305,000 after purchasing an additional 85,971 shares during the period. 32.69% of the stock is owned by hedge funds and other institutional investors.

About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

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Earnings History and Estimates for Autoliv (NYSE:ALV)

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