Autoliv, Inc. (NYSE:ALV) Receives Consensus Rating of “Moderate Buy” from Analysts

Autoliv, Inc. (NYSE:ALV) has been assigned a consensus rating of “Moderate Buy” from the twenty brokerages that are currently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $130.6250.

ALV has been the topic of a number of recent analyst reports. UBS Group reissued an “outperform” rating on shares of Autoliv in a research note on Monday, October 20th. Evercore ISI upped their target price on Autoliv from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Monday, November 24th. Robert W. Baird reduced their target price on Autoliv from $135.00 to $133.00 and set a “neutral” rating on the stock in a research report on Monday, October 20th. Cowen reissued a “buy” rating on shares of Autoliv in a research note on Monday, October 20th. Finally, JPMorgan Chase & Co. upgraded Autoliv from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $109.00 to $140.00 in a report on Wednesday, November 26th.

Hedge Funds Weigh In On Autoliv

A number of hedge funds have recently made changes to their positions in the stock. Deutsche Bank AG raised its holdings in Autoliv by 4.8% in the first quarter. Deutsche Bank AG now owns 6,169 shares of the auto parts company’s stock valued at $546,000 after buying an additional 283 shares during the period. Invesco Ltd. increased its position in shares of Autoliv by 19.8% in the first quarter. Invesco Ltd. now owns 148,557 shares of the auto parts company’s stock worth $13,140,000 after acquiring an additional 24,586 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Autoliv by 7.1% in the 1st quarter. HighTower Advisors LLC now owns 8,411 shares of the auto parts company’s stock valued at $744,000 after acquiring an additional 556 shares during the period. American Century Companies Inc. raised its stake in shares of Autoliv by 22.4% in the 1st quarter. American Century Companies Inc. now owns 182,541 shares of the auto parts company’s stock valued at $16,146,000 after acquiring an additional 33,461 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Autoliv by 1.3% during the 1st quarter. Northern Trust Corp now owns 501,403 shares of the auto parts company’s stock valued at $44,349,000 after acquiring an additional 6,215 shares in the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Stock Performance

Shares of NYSE ALV opened at $121.22 on Friday. The company has a 50-day simple moving average of $118.68 and a 200-day simple moving average of $118.15. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.95 and a quick ratio of 0.70. The company has a market cap of $9.21 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 0.91 and a beta of 1.32. Autoliv has a 12 month low of $75.49 and a 12 month high of $129.54.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, October 17th. The auto parts company reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.22. Autoliv had a net margin of 7.09% and a return on equity of 31.22%. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the prior year, the firm posted $1.84 earnings per share. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, equities analysts anticipate that Autoliv will post 9.51 earnings per share for the current year.

Autoliv Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 21st were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 2.9%. This is a positive change from Autoliv’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend was Friday, November 21st. Autoliv’s dividend payout ratio (DPR) is currently 35.95%.

About Autoliv

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.