Delphi Automotive PLC Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:DLPH)
Shares of Delphi Automotive PLC (NASDAQ:DLPH) have received an average rating of “Buy” from the eleven analysts that are currently covering the company, Analyst RN reports. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $80.11.
Several analysts have recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of Delphi Automotive PLC in a research note on Wednesday, August 13th. They set an “outperform” rating and a $83.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Friday, August 1st. They now have a $90.00 price target on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of Delphi Automotive PLC from $83.00 to $87.00 in a research note on Friday, August 1st.
Shares of Delphi Automotive PLC (NASDAQ:DLPH) opened at 70.63 on Tuesday. Delphi Automotive PLC has a one year low of $53.07 and a one year high of $71.27. The stock has a 50-day moving average of $68.77 and a 200-day moving average of $67.48. The company has a market cap of $21.163 billion and a price-to-earnings ratio of 17.09.
Delphi Automotive PLC (NASDAQ:DLPH) last announced its earnings results on Thursday, July 31st. The company reported $1.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.33 by $0.09. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.47 billion. During the same quarter last year, the company posted $1.24 earnings per share. Delphi Automotive PLC’s revenue was up 5.0% compared to the same quarter last year. Analysts expect that Delphi Automotive PLC will post $5.10 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, August 27th. Investors of record on Wednesday, August 13th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.42%. The ex-dividend date is Monday, August 11th.
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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