Barclays Issues Positive Forecast for Autoliv (NYSE:ALV) Stock Price

Autoliv (NYSE:ALV) had its price target boosted by equities research analysts at Barclays from $97.00 to $105.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the auto parts company’s stock. Barclays‘s price target would indicate a potential upside of 18.82% from the company’s previous close.

ALV has been the topic of a number of other research reports. Robert W. Baird decreased their price target on shares of Autoliv from $105.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 15th. Cowen started coverage on Autoliv in a research report on Thursday, March 6th. They issued a “buy” rating on the stock. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. Wells Fargo & Company dropped their target price on Autoliv from $84.00 to $82.00 and set an “equal weight” rating for the company in a report on Thursday, April 17th. Finally, Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

Autoliv Stock Performance

ALV opened at $88.37 on Monday. Autoliv has a 12-month low of $75.49 and a 12-month high of $129.38. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 0.73 and a beta of 1.47. The business has a 50 day moving average of $90.46 and a 200-day moving average of $94.24. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Wednesday, April 16th. The auto parts company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.43. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. The business had revenue of $2.58 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the prior year, the business earned $1.58 EPS. On average, equities research analysts expect that Autoliv will post 9.51 earnings per share for the current year.

Insider Activity

In other Autoliv news, CFO Fredrik Westin sold 1,803 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the sale, the chief financial officer now owns 7,261 shares of the company’s stock, valued at approximately $720,218.59. The trade was a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Mikael Bratt sold 5,760 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.90, for a total value of $569,664.00. Following the completion of the transaction, the chief executive officer now owns 23,307 shares of the company’s stock, valued at $2,305,062.30. The trade was a 19.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 9,253 shares of company stock worth $915,534. Insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On Autoliv

A number of institutional investors and hedge funds have recently bought and sold shares of the company. UMB Bank n.a. raised its holdings in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after buying an additional 159 shares during the last quarter. AlphaQuest LLC increased its position in Autoliv by 74.4% in the 4th quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 134 shares during the period. GAMMA Investing LLC raised its stake in shares of Autoliv by 122.9% during the first quarter. GAMMA Investing LLC now owns 370 shares of the auto parts company’s stock valued at $33,000 after acquiring an additional 204 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Autoliv during the first quarter worth $44,000. Finally, Twin Tree Management LP bought a new stake in shares of Autoliv in the fourth quarter worth $50,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.