Somewhat Favorable News Coverage Somewhat Unlikely to Affect Autoliv (ALV) Share Price
News articles about Autoliv (NYSE:ALV) have trended somewhat positive on Friday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Autoliv earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media coverage about the auto parts company an impact score of 45.5539539281863 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Autoliv (NYSE:ALV) traded up $1.27 on Friday, hitting $136.29. The stock had a trading volume of 286,097 shares, compared to its average volume of 403,578. Autoliv has a 52 week low of $96.08 and a 52 week high of $136.30. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $11,830.00, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 2.30 and a beta of 1.11.
Autoliv (NYSE:ALV) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.14. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.50 billion. Autoliv had a return on equity of 13.42% and a net margin of 4.96%. The firm’s revenue was up 1.6% compared to the same quarter last year. During the same period last year, the company earned $1.63 earnings per share. research analysts predict that Autoliv will post 6.27 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd will be issued a $0.60 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. Autoliv’s payout ratio is currently 41.38%.
ALV has been the topic of a number of recent research reports. ValuEngine raised Autoliv from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Mizuho lifted their price target on Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, September 15th. Jefferies Group reissued a “buy” rating and set a $145.00 price target (up from $125.00) on shares of Autoliv in a research note on Thursday, September 21st. They noted that the move was a valuation call. Zacks Investment Research raised Autoliv from a “hold” rating to a “buy” rating and set a $142.00 price target on the stock in a research note on Tuesday, October 17th. Finally, Pareto Securities raised Autoliv from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $115.20.
In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of Autoliv stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.25% of the company’s stock.
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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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