Autoliv, Inc. (ALV) Receives Average Rating of “Hold” from Analysts
Shares of Autoliv, Inc. (NYSE:ALV) have been assigned an average rating of “Hold” from the twenty-five research firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $108.55.
A number of equities research analysts have recently weighed in on ALV shares. Piper Jaffray Companies reissued a “hold” rating and set a $99.00 price objective on shares of Autoliv in a report on Wednesday, July 26th. BMO Capital Markets reissued an “outperform” rating and set a $121.00 price objective on shares of Autoliv in a report on Wednesday, July 26th. Royal Bank Of Canada reissued a “hold” rating and set a $100.00 price objective on shares of Autoliv in a report on Tuesday, August 29th. Deutsche Bank AG reissued a “hold” rating and set a $120.00 price objective (up from $101.00) on shares of Autoliv in a report on Thursday, September 14th. Finally, ValuEngine raised shares of Autoliv from a “hold” rating to a “buy” rating in a report on Friday, September 15th.
Shares of Autoliv (NYSE ALV) opened at $123.95 on Thursday. The firm has a market cap of $10,760.00, a price-to-earnings ratio of 19.63, a PEG ratio of 2.39 and a beta of 1.10. The company has a current ratio of 1.55, a quick ratio of 1.23 and a debt-to-equity ratio of 0.31. Autoliv has a 1-year low of $96.08 and a 1-year high of $127.75.
Autoliv (NYSE:ALV) last announced its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.14. The firm had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.50 billion. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.63 earnings per share. analysts predict that Autoliv will post 6.27 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. grew its stake in shares of Autoliv by 915.3% in the 2nd quarter. Principal Financial Group Inc. now owns 2,230,670 shares of the auto parts company’s stock valued at $244,927,000 after buying an additional 2,010,970 shares during the period. FMR LLC grew its stake in shares of Autoliv by 7.3% in the 2nd quarter. FMR LLC now owns 1,821,095 shares of the auto parts company’s stock valued at $199,956,000 after buying an additional 123,781 shares during the period. Vanguard Group Inc. grew its stake in shares of Autoliv by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 1,400,499 shares of the auto parts company’s stock valued at $153,774,000 after buying an additional 24,364 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Autoliv by 6.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 865,594 shares of the auto parts company’s stock valued at $106,986,000 after buying an additional 52,231 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Autoliv by 0.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 729,878 shares of the auto parts company’s stock valued at $90,212,000 after buying an additional 4,207 shares during the period. 32.71% of the stock is owned by institutional investors.
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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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