Aptiv (NYSE:APTV) Downgraded by Wall Street Zen to “Buy”

Aptiv (NYSE:APTV) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other analysts have also recently issued reports about the stock. Morgan Stanley set a $84.00 target price on shares of Aptiv and gave the stock an “equal weight” rating in a research note on Monday, December 8th. Citigroup started coverage on shares of Aptiv in a report on Friday, October 10th. They issued a “buy” rating and a $109.00 price target on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Aptiv in a research note on Monday. Zacks Research upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Finally, Daiwa Capital Markets raised their price target on Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.63.

Aptiv Stock Performance

Shares of APTV opened at $78.21 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.26 and a current ratio of 1.79. The stock has a market capitalization of $16.90 billion, a price-to-earnings ratio of 62.07, a price-to-earnings-growth ratio of 0.98 and a beta of 1.51. Aptiv has a 52-week low of $47.19 and a 52-week high of $88.80. The stock’s 50-day simple moving average is $79.90 and its 200 day simple moving average is $76.48.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.36. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.05 billion. During the same period in the prior year, the business posted $1.83 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. Research analysts forecast that Aptiv will post 7.2 EPS for the current fiscal year.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently made changes to their positions in APTV. Saranac Partners Ltd purchased a new position in Aptiv in the 3rd quarter worth $25,000. True Wealth Design LLC grew its stake in shares of Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock valued at $27,000 after buying an additional 181 shares during the last quarter. 1248 Management LLC purchased a new position in shares of Aptiv in the first quarter worth about $28,000. Geneos Wealth Management Inc. lifted its stake in shares of Aptiv by 452.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 398 shares during the last quarter. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in shares of Aptiv in the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

About Aptiv

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.