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

Shares of Autoliv, Inc. (NYSE:ALV) have received an average rating of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $135.00.

A number of equities analysts recently issued reports on ALV shares. TD Cowen decreased their price target on shares of Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Robert W. Baird increased their price target on shares of Autoliv from $119.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Bank of America started coverage on shares of Autoliv in a research note on Thursday, April 16th. They issued a “buy” rating and a $140.00 price target for the company. Barclays decreased their price target on shares of Autoliv from $140.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Finally, Wall Street Zen downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th.

Hedge Funds Weigh In On Autoliv

A number of institutional investors and hedge funds have recently made changes to their positions in the business. UMB Bank n.a. increased its stake in shares of Autoliv by 11.0% during the fourth quarter. UMB Bank n.a. now owns 825 shares of the auto parts company’s stock valued at $98,000 after purchasing an additional 82 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of Autoliv by 5.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,677 shares of the auto parts company’s stock valued at $199,000 after purchasing an additional 83 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of Autoliv by 24.8% during the third quarter. Bessemer Group Inc. now owns 448 shares of the auto parts company’s stock valued at $56,000 after purchasing an additional 89 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Autoliv by 21.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the auto parts company’s stock valued at $66,000 after purchasing an additional 98 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in shares of Autoliv by 5.1% during the first quarter. Fifth Third Wealth Advisors LLC now owns 2,037 shares of the auto parts company’s stock valued at $214,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 69.57% of the company’s stock.

Autoliv Price Performance

ALV stock opened at $128.52 on Friday. Autoliv has a 1 year low of $99.16 and a 1 year high of $132.17. The company has a market cap of $9.62 billion, a P/E ratio of 13.82, a PEG ratio of 0.86 and a beta of 1.33. The firm has a 50-day moving average of $119.04 and a 200 day moving average of $118.61. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 0.82.

Autoliv (NYSE:ALV) last released its quarterly 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. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. The company had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same period in the prior year, the firm earned $2.15 earnings per share. Autoliv’s revenue was up 6.8% on a year-over-year basis. On average, sell-side analysts forecast that Autoliv will post 10.53 EPS for the current year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.87 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.7%. Autoliv’s dividend payout ratio (DPR) is currently 37.42%.

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.