Delphi Automotive PLC Given Average Rating of “Buy” by Brokerages (NASDAQ:DLPH)
Shares of Delphi Automotive PLC (NASDAQ:DLPH) have been given a consensus recommendation of “Buy” by the fifteen brokerages that are presently covering the stock, Analyst Ratings.Net reports. Three investment analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $63.10.
DLPH has been the subject of a number of recent research reports. Analysts at EVA Dimensions LLC upgraded shares of Delphi Automotive PLC from a “hold” rating to an “overweight” rating in a research note on Wednesday, February 19th. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Wednesday, February 5th. They now have a $75.00 price target on the stock. Finally, analysts at Morgan Stanley reiterated a “positive” rating on shares of Delphi Automotive PLC in a research note on Wednesday, February 5th.
In other Delphi Automotive PLC news, Director John Krol sold 10,658 shares of Delphi Automotive PLC stock on the open market in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $65.25, for a total value of $695,434.50. Following the completion of the transaction, the director now directly owns 49,347 shares of the company’s stock, valued at approximately $3,219,892. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Delphi Automotive PLC (NASDAQ:DLPH) traded up 0.36% on Wednesday, hitting $66.68. The stock had a trading volume of 273,108 shares. Delphi Automotive PLC has a 52 week low of $39.60 and a 52 week high of $66.98. The stock has a 50-day moving average of $62.32 and a 200-day moving average of $58.6. The company has a market cap of $20.430 billion and a P/E ratio of 17.08.
Delphi Automotive PLC (NASDAQ:DLPH) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.05 by $0.07. The company had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the company posted $0.90 earnings per share. Delphi Automotive PLC’s revenue was up 11.0% compared to the same quarter last year. On average, analysts predict that Delphi Automotive PLC will post $4.89 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, February 27th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, February 13th. This is a positive change from Delphi Automotive PLC’s previous quarterly dividend of $0.17.
Delphi Automotive PLC (NASDAQ:DLPH) is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets.
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