Brokerages Set Delphi Technologies PLC (DLPH) PT at $29.15
Delphi Technologies PLC (NYSE:DLPH) has received an average rating of “Hold” from the eighteen brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $29.15.
Several equities research analysts recently commented on DLPH shares. Barclays reaffirmed a “buy” rating and issued a $26.00 price target on shares of Delphi Technologies in a report on Monday, May 6th. Bank of America raised Delphi Technologies from a “neutral” rating to a “buy” rating and set a $24.95 price target for the company in a report on Friday, April 12th. Buckingham Research raised Delphi Technologies from a “neutral” rating to a “buy” rating and increased their price target for the company from $20.00 to $30.00 in a report on Friday, February 22nd. Morgan Stanley set a $21.00 price target on Delphi Technologies and gave the company a “hold” rating in a report on Tuesday, February 26th. Finally, Seaport Global Securities started coverage on Delphi Technologies in a report on Wednesday, February 13th. They issued a “neutral” rating for the company.
In other Delphi Technologies news, SVP David M. Sherbin sold 19,689 shares of the firm’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $86.79, for a total transaction of $1,708,808.31. Following the completion of the sale, the senior vice president now owns 90,540 shares of the company’s stock, valued at $7,857,966.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.21% of the stock is owned by company insiders.
NYSE:DLPH opened at $15.26 on Thursday. Delphi Technologies has a one year low of $13.18 and a one year high of $53.78. The company has a quick ratio of 0.99, a current ratio of 1.40 and a debt-to-equity ratio of 2.98. The company has a market capitalization of $1.45 billion, a P/E ratio of 3.48, a P/E/G ratio of 0.58 and a beta of 2.31.
Delphi Technologies (NYSE:DLPH) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.53 by $0.14. Delphi Technologies had a return on equity of 81.93% and a net margin of 5.86%. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the firm earned $1.30 earnings per share. The business’s revenue for the quarter was down 11.2% on a year-over-year basis. As a group, equities research analysts anticipate that Delphi Technologies will post 3.17 earnings per share for the current year.
About Delphi Technologies
Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.
Featured Story: How to Invest in the Dividend Aristocrat Index
Receive News & Ratings for Delphi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Technologies and related companies with MarketBeat.com's FREE daily email newsletter.