Autoliv (NYSE:ALV) Upgraded at Wall Street Zen

Autoliv (NYSE:ALV) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other research firms also recently weighed in on ALV. UBS Group upped their price target on shares of Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research note on Monday. Bank of America assumed coverage on Autoliv in a research report on Thursday, April 16th. They set a “buy” rating and a $140.00 price objective for the company. Royal Bank Of Canada boosted their target price on Autoliv from $137.00 to $138.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. Weiss Ratings raised Autoliv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Barclays cut their price target on Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.87.

Autoliv Stock Performance

Shares of ALV opened at $118.31 on Friday. The company has a market capitalization of $8.86 billion, a PE ratio of 12.72, a PEG ratio of 0.79 and a beta of 1.33. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.82 and a current ratio of 1.08. The company’s 50 day moving average price is $120.45 and its 200 day moving average price is $118.71. Autoliv has a 52 week low of $99.16 and a 52 week high of $132.17.

Autoliv (NYSE:ALV) last released its earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. The company had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 EPS. Research analysts expect that Autoliv will post 10.53 EPS for the current fiscal year.

Insider Activity

In related news, Director Jan Carlson sold 19,607 shares of Autoliv stock in a transaction on Friday, June 12th. The shares were sold at an average price of $130.00, for a total value of $2,548,910.00. Following the completion of the sale, the director owned 60,000 shares of the company’s stock, valued at approximately $7,800,000. The trade was a 24.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.34% of the company’s stock.

Institutional Trading of Autoliv

A number of institutional investors and hedge funds have recently made changes to their positions in ALV. Torren Management LLC bought a new stake in shares of Autoliv during the 4th quarter worth about $25,000. IFP Advisors Inc raised its stake in shares of Autoliv by 110.3% in the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after acquiring an additional 107 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Autoliv by 863.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 190 shares during the last quarter. Quarry LP acquired a new stake in Autoliv in the 3rd quarter worth approximately $36,000. Finally, Johnson Financial Group Inc. bought a new stake in Autoliv during the third quarter worth approximately $37,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

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.