Aptiv (NYSE:APTV) Stock Price Expected to Rise, Evercore ISI Analyst Says

Aptiv (NYSE:APTV) had its target price lifted by equities research analysts at Evercore ISI from $95.00 to $100.00 in a note issued to investors on Monday, MarketBeat Ratings reports. The firm currently has an “outperform” rating on the auto parts company’s stock. Evercore ISI’s price target suggests a potential upside of 31.01% from the stock’s previous close.

Other analysts also recently issued reports about the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $101.00 price target on shares of Aptiv in a report on Wednesday, November 19th. Daiwa Capital Markets increased their target price on shares of Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st. Citigroup began coverage on shares of Aptiv in a research report on Friday, October 10th. They issued a “buy” rating and a $109.00 price target for the company. Wall Street Zen upgraded shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Finally, Morgan Stanley lifted their target price on Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 12th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $95.42.

Aptiv Trading Up 2.0%

NYSE APTV opened at $76.33 on Monday. Aptiv has a 52 week low of $47.19 and a 52 week high of $88.80. The firm has a 50 day moving average of $82.74 and a two-hundred day moving average of $75.34. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $16.49 billion, a PE ratio of 60.58, a price-to-earnings-growth ratio of 0.77 and a beta of 1.58.

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

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of Aptiv stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at approximately $4,234,700. This trade represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On Aptiv

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new position in Aptiv during the 3rd quarter worth $2,590,000. Captrust Financial Advisors increased its stake in shares of Aptiv by 33.2% during the third quarter. Captrust Financial Advisors now owns 24,296 shares of the auto parts company’s stock worth $2,095,000 after acquiring an additional 6,055 shares during the period. Danske Bank A S acquired a new position in shares of Aptiv during the third quarter worth about $47,717,000. Advisory Services Network LLC raised its holdings in Aptiv by 13.9% during the third quarter. Advisory Services Network LLC now owns 19,088 shares of the auto parts company’s stock worth $1,646,000 after purchasing an additional 2,334 shares in the last quarter. Finally, Cim Investment Management Inc. acquired a new stake in Aptiv in the third quarter valued at about $209,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.