Autoliv (NYSE:ALV) released its earnings results on Friday. The auto parts company reported $1.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.37 by $0.01, MarketWatch Earnings reports. Autoliv had a net margin of 2.89% and a return on equity of 23.67%. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period last year, the company posted $2.22 EPS. The business’s revenue was down 2.6% on a year-over-year basis. Autoliv updated its FY 2019 guidance to EPS.

NYSE:ALV opened at $71.89 on Monday. The stock has a fifty day simple moving average of $67.27. The firm has a market capitalization of $6.27 billion, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 1.44 and a beta of 1.52. The company has a current ratio of 1.14, a quick ratio of 0.87 and a debt-to-equity ratio of 0.81. Autoliv has a 52 week low of $61.07 and a 52 week high of $105.22.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st will be paid a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, August 20th. This represents a $2.48 annualized dividend and a dividend yield of 3.45%. Autoliv’s dividend payout ratio (DPR) is 36.31%.

A number of research analysts have weighed in on ALV shares. Mizuho reissued a “hold” rating and issued a $80.00 target price on shares of Autoliv in a research note on Monday. Zacks Investment Research lowered shares of Genprex from a “hold” rating to a “sell” rating in a research note on Thursday, April 18th. Nordea Equity Research raised shares of Atlas Copco from a “hold” rating to a “buy” rating in a research note on Monday. Robert W. Baird raised shares of Autoliv from an “underperform” rating to a “neutral” rating and set a $74.00 target price on the stock in a research note on Monday, July 15th. Finally, Royal Bank of Canada raised shares of Snap from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $10.00 to $17.00 in a research note on Friday, April 5th. Seven research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $85.33.

Large investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Autoliv in the fourth quarter worth $47,801,000. Toronto Dominion Bank lifted its position in shares of Autoliv by 33.7% during the 1st quarter. Toronto Dominion Bank now owns 15,692 shares of the auto parts company’s stock worth $1,154,000 after purchasing an additional 3,957 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Autoliv by 9.7% during the 4th quarter. Geode Capital Management LLC now owns 718,219 shares of the auto parts company’s stock worth $50,400,000 after purchasing an additional 63,644 shares during the last quarter. FMR LLC lifted its position in shares of Autoliv by 13.5% during the 1st quarter. FMR LLC now owns 2,237,425 shares of the auto parts company’s stock worth $164,518,000 after purchasing an additional 266,418 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Autoliv by 8.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 8,844 shares of the auto parts company’s stock worth $650,000 after purchasing an additional 652 shares during the last quarter. Institutional investors and hedge funds own 35.96% of the company’s stock.

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.

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Earnings History for Autoliv (NYSE:ALV)

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