Autoliv, Inc. (ALV) Scheduled to Post Quarterly Earnings on Wednesday
Autoliv, Inc. (NYSE:ALV) is scheduled to be issuing its quarterly earnings data on Wednesday, October 25th. Analysts expect the company to announce earnings of $1.33 per share for the quarter.
Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, July 21st. The auto parts company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.57 billion. Autoliv had a net margin of 5.44% and a return on equity of 13.96%. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.75 EPS. On average, analysts expect Autoliv to post $6.21 EPS for the current fiscal year and $7.13 EPS for the next fiscal year.
Autoliv, Inc. (NYSE ALV) opened at 125.81 on Wednesday. The company has a 50 day moving average of $119.44 and a 200-day moving average of $110.07. The firm has a market cap of $10.93 billion, a PE ratio of 19.88 and a beta of 1.14. Autoliv, Inc. has a one year low of $93.31 and a one year high of $127.75.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, November 21st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.91%. Autoliv’s dividend payout ratio is currently 37.97%.
In other news, VP Thomas Jonsson sold 1,240 shares of the company’s stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $108.55, for a total transaction of $134,602.00. Following the transaction, the vice president now owns 2,311 shares of the company’s stock, valued at $250,859.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.25% of the company’s stock.
A number of analysts have recently weighed in on ALV shares. Wells Fargo & Company reissued an “outperform” rating and set a $110.50 price target on shares of Autoliv in a research report on Wednesday, June 28th. BidaskClub raised shares of Autoliv from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 6th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $98.00 price objective on shares of Autoliv in a report on Thursday, July 6th. Evercore ISI reaffirmed an “underperform” rating and issued a $100.00 price objective (up previously from $85.00) on shares of Autoliv in a report on Monday, September 18th. Finally, Deutsche Bank AG reissued a “hold” rating and set a $120.00 price target (up previously from $101.00) on shares of Autoliv in a report on Thursday, September 14th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. Autoliv currently has an average rating of “Hold” and an average target price of $113.10.
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Autoliv Company Profile
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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