Autoliv, Inc. (NYSE:ALV) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have earned a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $125.90.

A number of research firms have recently commented on ALV. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Mizuho boosted their price objective on Autoliv from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 25th. Wolfe Research lowered shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. JPMorgan Chase & Co. increased their price target on shares of Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a research report on Monday, April 22nd. Finally, Barclays lifted their price objective on Autoliv from $120.00 to $125.00 and gave the stock an “equal weight” rating in a report on Monday.

Autoliv Price Performance

Autoliv stock opened at $121.24 on Tuesday. Autoliv has a 52-week low of $79.66 and a 52-week high of $125.91. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.82 and a current ratio of 1.10. The stock has a market capitalization of $9.88 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.81 and a beta of 1.72. The stock’s 50 day moving average price is $117.74 and its two-hundred day moving average price is $108.09.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, January 26th. The auto parts company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.37. The firm had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.75 billion. Autoliv had a net margin of 5.10% and a return on equity of 29.84%. The business’s revenue was up 17.8% on a year-over-year basis. During the same period last year, the company earned $1.83 earnings per share. On average, equities analysts predict that Autoliv will post 9.67 earnings per share for the current year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Tuesday, March 12th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Monday, March 11th. Autoliv’s dividend payout ratio is currently 42.43%.

Insider Activity at Autoliv

In related news, insider Colin Naughton sold 782 shares of the firm’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $110.68, for a total value of $86,551.76. Following the transaction, the insider now owns 5,594 shares of the company’s stock, valued at approximately $619,143.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Colin Naughton sold 782 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $110.68, for a total transaction of $86,551.76. Following the completion of the sale, the insider now owns 5,594 shares of the company’s stock, valued at $619,143.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Mikael Hagstrom sold 327 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the completion of the transaction, the vice president now directly owns 327 shares of the company’s stock, valued at $35,868.63. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,388 shares of company stock worth $921,757. Insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Autoliv

Institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. grew its position in shares of Autoliv by 1.0% in the first quarter. Principal Financial Group Inc. now owns 317,923 shares of the auto parts company’s stock valued at $38,287,000 after purchasing an additional 3,002 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in shares of Autoliv by 244.4% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 837 shares of the auto parts company’s stock valued at $101,000 after buying an additional 594 shares during the period. XY Capital Ltd raised its stake in shares of Autoliv by 36.9% in the 1st quarter. XY Capital Ltd now owns 5,704 shares of the auto parts company’s stock valued at $687,000 after acquiring an additional 1,537 shares during the period. New York State Teachers Retirement System raised its position in Autoliv by 22.2% in the first quarter. New York State Teachers Retirement System now owns 37,163 shares of the auto parts company’s stock valued at $4,476,000 after purchasing an additional 6,745 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Autoliv by 5.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 480,088 shares of the auto parts company’s stock worth $57,817,000 after acquiring an additional 25,478 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

About Autoliv

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.