Delphi Automotive PLC (NYSE:DLPH) released its earnings results on Thursday. The auto parts company reported $1.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.56 by $0.10, Bloomberg Earnings reports. Delphi Automotive PLC had a return on equity of 57.92% and a net margin of 8.00%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.10 billion. During the same period in the prior year, the firm posted $1.50 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. Delphi Automotive PLC updated its FY17 guidance to $6.70-6.80 EPS.

Shares of Delphi Automotive PLC (NYSE:DLPH) opened at $96.89 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.62 and a debt-to-equity ratio of 1.35. The firm has a market cap of $26.40 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 1.09 and a beta of 1.37.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 8th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.20%. Delphi Automotive PLC’s payout ratio is currently 22.61%.

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In related news, Director Thomas W. Sidlik sold 8,475 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $103.19, for a total value of $874,535.25. Following the sale, the director now owns 10,564 shares in the company, valued at $1,090,099.16. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Vos Glen W. De sold 2,100 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total value of $191,835.00. Following the completion of the transaction, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at $2,100,501.90. The disclosure for this sale can be found here. Insiders sold 19,075 shares of company stock valued at $1,903,025 over the last quarter. 0.31% of the stock is currently owned by corporate insiders.

A number of equities research analysts have issued reports on the company. Citigroup Inc boosted their price target on Delphi Automotive PLC from $115.00 to $116.00 and gave the company a “buy” rating in a research report on Friday. Robert W. Baird reaffirmed an “outperform” rating and issued a $128.00 target price (up previously from $110.00) on shares of Delphi Automotive PLC in a research report on Thursday, September 28th. They noted that the move was a valuation call. Piper Jaffray Companies set a $112.00 price target on Delphi Automotive PLC and gave the stock a “buy” rating in a research note on Friday, August 11th. Wells Fargo & Company boosted their price target on Delphi Automotive PLC from $105.00 to $109.00 and gave the stock an “outperform” rating in a research note on Friday, September 29th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $118.00 price target on shares of Delphi Automotive PLC in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $103.98.

Delphi Automotive PLC Company Profile

Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.

Earnings History for Delphi Automotive PLC (NYSE:DLPH)

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