Equities research analysts expect Delphi Automotive PLC (NYSE:DLPH) to announce sales of $4.19 billion for the current quarter, according to Zacks. Eight analysts have provided estimates for Delphi Automotive PLC’s earnings. The highest sales estimate is $4.22 billion and the lowest is $4.16 billion. Delphi Automotive PLC posted sales of $4.21 billion in the same quarter last year, which suggests a negative year over year growth rate of 0.5%. The business is expected to issue its next quarterly earnings results on Wednesday, August 2nd.

On average, analysts expect that Delphi Automotive PLC will report full year sales of $4.19 billion for the current financial year, with estimates ranging from $16.72 billion to $17.08 billion. For the next financial year, analysts anticipate that the firm will report sales of $17.75 billion per share, with estimates ranging from $17.24 billion to $18.25 billion. Zacks’ sales averages are an average based on a survey of analysts that cover Delphi Automotive PLC.

Delphi Automotive PLC (NYSE:DLPH) last issued its earnings results on Wednesday, May 3rd. The auto parts company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.13. Delphi Automotive PLC had a return on equity of 62.09% and a net margin of 6.90%. The business had revenue of $4.29 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter last year, the company earned $1.36 EPS. The business’s quarterly revenue was up 5.9% on a year-over-year basis.

A number of brokerages recently commented on DLPH. Bank of America Corporation reissued an “underperform” rating and issued a $90.00 price target (down previously from $95.00) on shares of Delphi Automotive PLC in a report on Friday, June 16th. Raymond James Financial, Inc. began coverage on Delphi Automotive PLC in a report on Thursday, June 15th. They issued an “outperform” rating and a $95.00 price target for the company. BidaskClub downgraded Delphi Automotive PLC from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Morgan Stanley reduced their price target on Delphi Automotive PLC from $80.00 to $78.00 and set an “underweight” rating for the company in a report on Friday, June 9th. Finally, Guggenheim began coverage on Delphi Automotive PLC in a report on Wednesday. They issued a “buy” rating and a $104.00 price target for the company. Three investment analysts have rated the stock with a sell rating, three have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $90.77.

In other news, Director Sean O. Mahoney sold 1,949 shares of the stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $87.41, for a total transaction of $170,362.09. Following the sale, the director now directly owns 11,767 shares in the company, valued at approximately $1,028,553.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David M. Sherbin sold 15,500 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $86.63, for a total value of $1,342,765.00. Following the sale, the senior vice president now owns 70,766 shares in the company, valued at $6,130,458.58. The disclosure for this sale can be found here. 0.32% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in the company. Loomis Sayles & Co. L P boosted its stake in shares of Delphi Automotive PLC by 0.4% in the fourth quarter. Loomis Sayles & Co. L P now owns 5,137 shares of the auto parts company’s stock worth $346,000 after buying an additional 18 shares during the last quarter. Sii Investments Inc. WI boosted its stake in shares of Delphi Automotive PLC by 0.5% in the first quarter. Sii Investments Inc. WI now owns 3,865 shares of the auto parts company’s stock worth $308,000 after buying an additional 18 shares during the last quarter. Cleararc Capital Inc. boosted its stake in shares of Delphi Automotive PLC by 0.3% in the first quarter. Cleararc Capital Inc. now owns 6,595 shares of the auto parts company’s stock worth $531,000 after buying an additional 19 shares during the last quarter. BTC Capital Management Inc. boosted its stake in shares of Delphi Automotive PLC by 0.6% in the first quarter. BTC Capital Management Inc. now owns 3,754 shares of the auto parts company’s stock worth $301,000 after buying an additional 22 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Delphi Automotive PLC by 3.1% in the first quarter. Assetmark Inc. now owns 1,520 shares of the auto parts company’s stock worth $122,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 93.82% of the company’s stock.

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Shares of Delphi Automotive PLC (NYSE:DLPH) opened at 86.03 on Friday. The firm has a market cap of $23.05 billion, a price-to-earnings ratio of 20.04 and a beta of 1.26. The stock’s 50 day moving average price is $86.61 and its 200 day moving average price is $77.35. Delphi Automotive PLC has a 12 month low of $58.04 and a 12 month high of $90.05.

Delphi Automotive PLC Company Profile

Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.

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