Aptiv (APTV) Now Covered by Analysts at Longbow Research

Equities research analysts at Longbow Research began coverage on shares of Aptiv (NYSE:APTV) in a research report issued to clients and investors on Friday, MarketBeat.com reports. The firm set a “buy” rating and a $105.00 price target on the auto parts company’s stock. Longbow Research’s target price suggests a potential upside of 18.10% from the company’s current price.

Several other research analysts have also recently weighed in on the company. UBS Group reaffirmed a “buy” rating and set a $102.00 price objective on shares of Aptiv in a research report on Thursday, September 28th. Citigroup upped their price objective on Aptiv from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, October 2nd. BidaskClub raised Aptiv from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. KeyCorp reaffirmed a “buy” rating and set a $100.00 price objective on shares of Aptiv in a research report on Sunday, September 17th. Finally, Jefferies Group upped their price objective on Aptiv to $118.00 and gave the stock a “buy” rating in a research report on Thursday, September 28th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $87.48.

Aptiv (NYSE:APTV) traded up $1.37 during midday trading on Friday, reaching $88.91. The company had a trading volume of 1,708,500 shares, compared to its average volume of 1,573,533. The company has a market capitalization of $24,340.00, a P/E ratio of 17.33, a PEG ratio of 1.57 and a beta of 1.38. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 1.35. Aptiv has a fifty-two week low of $57.15 and a fifty-two week high of $89.66.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, November 2nd. The auto parts company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.10. The business had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.10 billion. Aptiv had a return on equity of 57.92% and a net margin of 8.00%. The firm’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.50 earnings per share. equities research analysts predict that Aptiv will post 4.74 EPS for the current year.

In other Aptiv news, insider Kevin P. Clark bought 22,500 shares of Aptiv stock in a transaction on Wednesday, December 6th. The shares were purchased at an average price of $87.88 per share, with a total value of $1,977,300.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Frank J. Dellaquila bought 1,000 shares of Aptiv stock in a transaction on Friday, December 15th. The stock was acquired at an average cost of $83.88 per share, for a total transaction of $83,880.00. The disclosure for this purchase can be found here. 0.31% of the stock is currently owned by company insiders.

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About Aptiv

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.

Analyst Recommendations for Aptiv (NYSE:APTV)