Autoliv Reaches New 1-Year High at $108.15 (ALV)
Autoliv (NYSE:ALV) shares hit a new 52-week high during mid-day trading on Friday , American Banking & Market News reports. The stock traded as high as $108.15 and last traded at $108.00, with a volume of 75,605 shares. The stock had previously closed at $107.12.
A number of research firms have recently commented on ALV. Analysts at Goldman Sachs raised their price target on shares of Autoliv from $88.00 to $116.00 in a research note on Monday. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Autoliv in a research note on Tuesday, April 29th. They now have a $91.00 price target on the stock, up previously from $83.00. Finally, analysts at Robert W. Baird raised their price target on shares of Autoliv from $88.00 to $113.00 in a research note on Monday, April 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. Autoliv currently has a consensus rating of “Hold” and an average target price of $99.67.
The stock has a 50-day moving average of $103.6 and a 200-day moving average of $96.31. The company has a market cap of $10.112 billion and a P/E ratio of 20.77.
Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, April 25th. The company reported $1.43 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.43. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the company posted $1.29 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. Analysts expect that Autoliv will post $6.25 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 4th. Stockholders of record on Wednesday, August 20th will be paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Monday, August 18th.
Autoliv, Inc (NYSE:ALV) is a holding company.
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