Autoliv Inc. (NYSE:ALV) has received an average recommendation of “Hold” from the twenty-six brokerages that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a sell recommendation, sixteen have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $110.18.
Several analysts recently issued reports on ALV shares. Zacks Investment Research downgraded Autoliv from a “hold” rating to a “sell” rating in a research note on Monday, September 10th. Longbow Research downgraded Autoliv from a “buy” rating to a “neutral” rating in a research note on Thursday, November 1st. Barclays decreased their target price on Autoliv from $72.00 to $70.00 and set a “sell” rating on the stock in a research note on Tuesday, October 30th. Sanford C. Bernstein raised Autoliv from an “underperform” rating to a “market perform” rating in a research note on Monday, November 26th. Finally, Mizuho reissued an “in-line” rating and set a $97.00 target price on shares of Autoliv in a research note on Monday, October 29th.
NYSE ALV opened at $85.91 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.96 and a current ratio of 1.25. Autoliv has a 52 week low of $75.99 and a 52 week high of $115.37. The stock has a market capitalization of $7.49 billion, a PE ratio of 13.06, a P/E/G ratio of 0.72 and a beta of 1.17.
Autoliv (NYSE:ALV) last posted its quarterly earnings data on Friday, October 26th. The auto parts company reported $1.35 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.23). Autoliv had a return on equity of 20.06% and a net margin of 3.52%. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same period last year, the business earned $1.64 EPS. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. On average, equities analysts predict that Autoliv will post 7.15 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 7th. Shareholders of record on Friday, February 22nd will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.89%. The ex-dividend date is Thursday, February 21st. Autoliv’s dividend payout ratio is presently 37.69%.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALV. JPMorgan Chase & Co. grew its holdings in Autoliv by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 332,746 shares of the auto parts company’s stock valued at $28,842,000 after buying an additional 194,499 shares in the last quarter. BlackRock Inc. grew its holdings in Autoliv by 6.7% during the 2nd quarter. BlackRock Inc. now owns 2,958,591 shares of the auto parts company’s stock valued at $423,729,000 after buying an additional 186,407 shares in the last quarter. Jane Street Group LLC purchased a new position in Autoliv during the 3rd quarter valued at approximately $16,029,000. Vanguard Group Inc. grew its holdings in Autoliv by 11.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,616,434 shares of the auto parts company’s stock valued at $140,114,000 after buying an additional 164,737 shares in the last quarter. Finally, Nuance Investments LLC grew its holdings in Autoliv by 75.6% during the 3rd quarter. Nuance Investments LLC now owns 235,376 shares of the auto parts company’s stock valued at $20,418,000 after buying an additional 101,306 shares in the last quarter. Institutional investors and hedge funds own 30.08% of the company’s stock.
Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.
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