Autoliv, Inc. (NYSE:ALV) Given Consensus Rating of “Moderate Buy” by Brokerages

Autoliv, Inc. (NYSE:ALV) has been given a consensus rating of “Moderate Buy” by the eighteen analysts that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $133.00.

Several research firms have weighed in on ALV. Weiss Ratings restated a “buy (b)” rating on shares of Autoliv in a report on Monday, December 29th. Morgan Stanley set a $140.00 price objective on Autoliv in a report on Wednesday, November 26th. Wolfe Research set a $143.00 target price on Autoliv in a report on Monday. Deutsche Bank Aktiengesellschaft set a $133.00 target price on Autoliv in a research report on Friday, October 10th. Finally, UBS Group reiterated an “outperform” rating on shares of Autoliv in a report on Monday, October 20th.

Autoliv Stock Performance

ALV stock opened at $128.40 on Thursday. The firm has a 50 day moving average of $120.33 and a two-hundred day moving average of $119.83. Autoliv has a 12 month low of $75.49 and a 12 month high of $129.54. The company has a market capitalization of $9.75 billion, a price-to-earnings ratio of 13.26, a P/E/G ratio of 0.87 and a beta of 1.32. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 0.54.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, October 17th. The auto parts company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the firm earned $1.84 EPS. Autoliv’s revenue for the quarter was up 5.9% on a year-over-year basis. As a group, equities analysts anticipate that Autoliv will post 9.51 EPS for the current fiscal year.

Autoliv Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 21st were issued a $0.87 dividend. This is a boost from Autoliv’s previous quarterly dividend of $0.85. The ex-dividend date was Friday, November 21st. This represents a $3.48 annualized dividend and a yield of 2.7%. Autoliv’s payout ratio is 35.95%.

Institutional Investors Weigh In On Autoliv

A number of hedge funds have recently bought and sold shares of the company. Swedbank AB increased its stake in shares of Autoliv by 8.5% in the third quarter. Swedbank AB now owns 2,601,246 shares of the auto parts company’s stock worth $321,254,000 after purchasing an additional 203,511 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Autoliv by 1.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,517,790 shares of the auto parts company’s stock valued at $281,741,000 after buying an additional 34,064 shares during the last quarter. Vanguard Group Inc. increased its position in Autoliv by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,846,175 shares of the auto parts company’s stock worth $228,003,000 after buying an additional 19,440 shares during the period. LSV Asset Management lifted its holdings in shares of Autoliv by 54.9% during the third quarter. LSV Asset Management now owns 1,579,687 shares of the auto parts company’s stock worth $195,091,000 after buying an additional 559,605 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Autoliv by 26.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 999,506 shares of the auto parts company’s stock valued at $111,845,000 after acquiring an additional 206,200 shares during the period. 69.57% of the stock is currently owned by institutional investors.

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.