Autoliv (ALV) Posts Quarterly Earnings Results, Misses Expectations By $0.10 EPS
Autoliv (NYSE:ALV) issued its quarterly earnings data on Friday. The company reported $1.45 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.55 by $0.10, Analyst Ratings Network reports. The company had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.34 billion.
A number of analysts have recently weighed in on ALV shares. Analysts at Zacks reiterated a “neutral” rating on shares of Autoliv in a research note on Thursday. They now have a $111.00 price target on the stock. On a related note, analysts at Barclays raised their price target on shares of Autoliv from $82.00 to $95.00 in a research note on Monday. They now have an “underweight” rating on the stock. Finally, analysts at Nordea Equity Research downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Wednesday, July 9th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $98.55.
Shares of Autoliv (NYSE:ALV) opened at 104.57 on Friday. Autoliv has a 1-year low of $79.87 and a 1-year high of $108.15. The stock’s 50-day moving average is $106. and its 200-day moving average is $99.43. The company has a market cap of $9.798 billion and a price-to-earnings ratio of 20.52.
Autoliv, Inc (NYSE:ALV) is a holding company.
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