Delphi Technologies PLC (DLPH) Forecasted to Earn Q1 2019 Earnings of $0.82 Per Share
Delphi Technologies PLC (NYSE:DLPH) – Equities research analysts at Jefferies Financial Group issued their Q1 2019 earnings estimates for Delphi Technologies in a research note issued to investors on Monday, December 3rd. Jefferies Financial Group analyst D. Kelley expects that the company will post earnings of $0.82 per share for the quarter. Jefferies Financial Group currently has a “Hold” rating and a $19.00 target price on the stock. Jefferies Financial Group also issued estimates for Delphi Technologies’ Q2 2019 earnings at $0.86 EPS, Q3 2019 earnings at $0.82 EPS and Q4 2019 earnings at $0.91 EPS.
Delphi Technologies (NYSE:DLPH) last posted its earnings results on Wednesday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.01). Delphi Technologies had a return on equity of 132.68% and a net margin of 5.61%. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the previous year, the company posted $1.25 earnings per share. Delphi Technologies’s revenue for the quarter was down 3.8% compared to the same quarter last year.
NYSE:DLPH opened at $16.71 on Wednesday. The company has a market cap of $1.48 billion and a price-to-earnings ratio of 3.24. The company has a debt-to-equity ratio of 4.09, a current ratio of 1.55 and a quick ratio of 1.11. Delphi Technologies has a twelve month low of $16.01 and a twelve month high of $60.39.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 14th. Shareholders of record on Tuesday, November 6th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.07%. The ex-dividend date was Monday, November 5th. Delphi Technologies’s dividend payout ratio (DPR) is currently 13.20%.
In other Delphi Technologies news, CFO Joseph R. Massaro sold 2,800 shares of Delphi Technologies stock in a transaction on Friday, September 14th. The stock was sold at an average price of $86.24, for a total value of $241,472.00. Following the completion of the sale, the chief financial officer now owns 91,734 shares of the company’s stock, valued at approximately $7,911,140.16. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robin J. Adams bought 5,000 shares of Delphi Technologies stock in a transaction on Friday, November 16th. The stock was acquired at an average cost of $16.79 per share, with a total value of $83,950.00. The disclosure for this purchase can be found here. Company insiders own 0.12% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gamco Investors INC. ET AL increased its holdings in shares of Delphi Technologies by 9.8% in the second quarter. Gamco Investors INC. ET AL now owns 14,441 shares of the company’s stock worth $656,000 after purchasing an additional 1,294 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Delphi Technologies by 24.2% during the second quarter. PNC Financial Services Group Inc. now owns 6,660 shares of the company’s stock valued at $304,000 after buying an additional 1,296 shares during the period. AMP Capital Investors Ltd boosted its holdings in shares of Delphi Technologies by 4.0% in the second quarter. AMP Capital Investors Ltd now owns 38,082 shares of the company’s stock valued at $1,731,000 after purchasing an additional 1,450 shares during the period. Arizona State Retirement System boosted its holdings in shares of Delphi Technologies by 2.9% in the second quarter. Arizona State Retirement System now owns 61,642 shares of the company’s stock valued at $2,802,000 after purchasing an additional 1,717 shares during the period. Finally, Olstein Capital Management L.P. boosted its holdings in shares of Delphi Technologies by 2.8% in the second quarter. Olstein Capital Management L.P. now owns 74,000 shares of the company’s stock valued at $3,364,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 88.33% of the company’s stock.
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.
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