Autoliv, Inc. (ALV) Receives Average Rating of “Hold” from Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have received a consensus rating of “Hold” from the twenty-four analysts that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $110.48.

ALV has been the subject of a number of analyst reports. Royal Bank of Canada restated a “hold” rating and issued a $100.00 price objective on shares of Autoliv in a research report on Tuesday, August 29th. Deutsche Bank restated a “hold” rating and issued a $120.00 price objective (up from $101.00) on shares of Autoliv in a research report on Thursday, September 14th. ValuEngine upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Citigroup raised their price objective on shares of Autoliv from $105.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, September 15th. Finally, Mizuho raised their price objective on shares of Autoliv from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 15th.

Autoliv (ALV) opened at $126.03 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.23 and a debt-to-equity ratio of 0.31. The firm has a market cap of $10,960.00, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.45 and a beta of 1.10. Autoliv has a 1 year low of $96.08 and a 1 year high of $129.84.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.14. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the business earned $1.63 earnings per share. Autoliv’s revenue was up 1.6% compared to the same quarter last year. sell-side analysts expect that Autoliv will post 6.28 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Wednesday, February 21st. Autoliv’s dividend payout ratio is currently 41.38%.

In related news, insider Johan Lofvenholm sold 3,965 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $128.00, for a total value of $507,520.00. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.25% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank raised its stake in shares of Autoliv by 11.7% during the second quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock worth $119,000 after acquiring an additional 114 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Autoliv by 43.9% during the second quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock worth $149,000 after acquiring an additional 414 shares in the last quarter. Teachers Advisors LLC raised its stake in shares of Autoliv by 288.3% during the second quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock worth $156,000 after acquiring an additional 1,058 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Autoliv by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock worth $210,000 after acquiring an additional 171 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Autoliv by 8.1% during the second quarter. Pacer Advisors Inc. now owns 1,944 shares of the auto parts company’s stock worth $213,000 after acquiring an additional 145 shares in the last quarter. 33.54% of the stock is currently owned by hedge funds and other institutional investors.

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About Autoliv

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.

Analyst Recommendations for Autoliv (NYSE:ALV)

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