Delphi Automotive PLC Sets New 12-Month High at $71.27 (DLPH)
Delphi Automotive PLC (NASDAQ:DLPH) hit a new 52-week high during mid-day trading on Friday , AnalystRatings.NET reports. The company traded as high as $71.27 and last traded at $71.04, with a volume of 600,674 shares traded. The stock had previously closed at $70.51.
A number of analysts have recently weighed in on DLPH shares. Analysts at Citigroup Inc. raised their price target on shares of Delphi Automotive PLC from $78.00 to $84.00 in a research note on Tuesday, May 27th. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Delphi Automotive PLC from $62.00 to $85.00 in a research note on Monday, May 19th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Monday, May 12th. They now have a $75.00 price target on the stock, down previously from $90.00. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $74.22.
The stock has a 50-day moving average of $67.86 and a 200-day moving average of $63.96. The company has a market cap of $21.481 billion and a P/E ratio of 17.41.
Delphi Automotive PLC (NASDAQ:DLPH) last posted its quarterly earnings results on Thursday, April 24th. The company reported $1.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.08 by $0.12. The company had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the prior year, the company posted $1.07 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. On average, analysts predict that Delphi Automotive PLC will post $4.97 earnings per share for the current fiscal year.
In other Delphi Automotive PLC news, Director Lawrence A. Zimmerman sold 2,000 shares of the stock on the open market in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $69.14, for a total value of $138,280.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
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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