Wall Street analysts predict that Aptiv PLC (NYSE:APTV) will post sales of $3.26 billion for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Aptiv’s earnings, with the lowest sales estimate coming in at $3.18 billion and the highest estimate coming in at $3.30 billion. Aptiv reported sales of $4.31 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 24.4%. The firm is scheduled to report its next earnings results on Thursday, February 1st.
According to Zacks, analysts expect that Aptiv will report full-year sales of $3.26 billion for the current financial year, with estimates ranging from $12.66 billion to $12.78 billion. For the next year, analysts expect that the firm will post sales of $13.57 billion per share, with estimates ranging from $13.28 billion to $13.83 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover Aptiv.
Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.10. The business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.10 billion. Aptiv had a return on equity of 57.92% and a net margin of 8.00%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the company earned $1.50 EPS.
In related news, insider Kevin P. Clark purchased 22,500 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average cost of $87.88 per share, for a total transaction of $1,977,300.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frank J. Dellaquila purchased 1,000 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was bought at an average price of $83.88 per share, for a total transaction of $83,880.00. The disclosure for this purchase can be found here. Company insiders own 0.31% of the company’s stock.
Shares of Aptiv (APTV) opened at $87.54 on Thursday. The stock has a market capitalization of $22,891.47, a P/E ratio of 17.06, a PEG ratio of 1.54 and a beta of 1.40. Aptiv has a one year low of $56.87 and a one year high of $89.66. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 1.35.
The company also recently disclosed a Not Available dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Monday, February 5th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, February 2nd. Aptiv’s payout ratio is currently 29.04%.
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Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.
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