Other analysts have also recently issued research reports about the stock. ValuEngine upgraded shares of Autoliv from a hold rating to a buy rating in a report on Friday, September 15th. Mizuho lifted their price target on shares of Autoliv from $130.00 to $140.00 and gave the company a buy rating in a report on Friday, September 15th. Jefferies Group reiterated a buy rating and issued a $145.00 price target (up previously from $125.00) on shares of Autoliv in a report on Thursday, September 21st. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Autoliv from a hold rating to a buy rating and set a $142.00 price target on the stock in a report on Tuesday, October 17th. Finally, Pareto Securities upgraded shares of Autoliv from a hold rating to a buy rating in a report on Friday, October 27th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Autoliv has an average rating of Hold and a consensus target price of $115.20.
Shares of Autoliv (NYSE ALV) opened at $136.29 on Wednesday. The firm has a market cap of $11,850.82, a price-to-earnings ratio of 21.74, a P/E/G ratio of 2.35 and a beta of 1.11. Autoliv has a fifty-two week low of $96.08 and a fifty-two week high of $136.30. The company has a quick ratio of 1.23, a current ratio of 1.55 and a debt-to-equity ratio of 0.31.
Autoliv (NYSE:ALV) last released its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.14. The business had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Autoliv had a net margin of 4.96% and a return on equity of 13.42%. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.63 earnings per share. equities analysts expect that Autoliv will post 6.27 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Wednesday, February 21st. Autoliv’s dividend payout ratio is currently 41.38%.
In other Autoliv news, insider Johan Lofvenholm sold 3,965 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $128.00, for a total transaction of $507,520.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.25% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the company. Toronto Dominion Bank raised its position in shares of Autoliv by 11.7% in the 2nd quarter. Toronto Dominion Bank now owns 1,085 shares of the auto parts company’s stock worth $119,000 after purchasing an additional 114 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Autoliv by 43.9% in the 2nd quarter. Victory Capital Management Inc. now owns 1,356 shares of the auto parts company’s stock worth $149,000 after purchasing an additional 414 shares during the last quarter. Teachers Advisors LLC raised its position in shares of Autoliv by 288.3% in the 2nd quarter. Teachers Advisors LLC now owns 1,425 shares of the auto parts company’s stock worth $156,000 after purchasing an additional 1,058 shares during the last quarter. ARP Americas LLC purchased a new position in shares of Autoliv in the 3rd quarter worth about $235,000. Finally, JPMorgan Chase & Co. raised its position in shares of Autoliv by 9.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,920 shares of the auto parts company’s stock worth $210,000 after purchasing an additional 171 shares during the last quarter. 33.42% of the stock is owned by hedge funds and other institutional investors.
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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