Susquehanna Bancshares set a $137.00 target price on Autoliv (NYSE:ALV) in a research report released on Wednesday, March 14th. The brokerage currently has a hold rating on the auto parts company’s stock.
A number of other analysts have also recently commented on ALV. Guggenheim reaffirmed a hold rating and set a $135.00 price target on shares of Autoliv in a research report on Wednesday, January 10th. ValuEngine raised Autoliv from a hold rating to a buy rating in a research report on Sunday, December 31st. Piper Jaffray Companies set a $124.00 price target on Autoliv and gave the stock a hold rating in a research report on Friday, December 8th. Royal Bank of Canada lifted their price target on Autoliv to $142.00 and gave the stock a sector perform rating in a research report on Wednesday, January 31st. Finally, Robert W. Baird reaffirmed a hold rating and set a $137.00 price target on shares of Autoliv in a research report on Tuesday, January 9th. Four equities research analysts have rated the stock with a sell rating, ten have issued 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 $134.86.
Shares of Autoliv (NYSE ALV) opened at $147.47 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.58 and a quick ratio of 1.26. The firm has a market capitalization of $13,056.37, a price-to-earnings ratio of 30.41, a PEG ratio of 2.10 and a beta of 1.32. Autoliv has a 52-week low of $96.08 and a 52-week high of $152.57.
Autoliv (NYSE:ALV) last posted its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.74 by $0.29. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.69 billion. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.71 EPS. research analysts expect that Autoliv will post 7.41 earnings per share for the current fiscal year.
In related news, insider Johan Lofvenholm sold 280 shares of Autoliv stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total value of $40,124.00. Following the completion of the transaction, the insider now owns 10,954 shares in the company, valued at approximately $1,569,708.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.25% of the stock is owned by insiders.
Several institutional investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company increased its stake in shares of Autoliv by 8.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,236 shares of the auto parts company’s stock valued at $355,000 after purchasing an additional 249 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of Autoliv by 8.1% in the 4th quarter. CIBC Asset Management Inc now owns 4,728 shares of the auto parts company’s stock valued at $601,000 after purchasing an additional 355 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Autoliv by 25.0% in the 4th quarter. Victory Capital Management Inc. now owns 2,058 shares of the auto parts company’s stock valued at $262,000 after purchasing an additional 412 shares in the last quarter. Global X MANAGEMENT CO LLC increased its stake in shares of Autoliv by 16.8% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 2,942 shares of the auto parts company’s stock valued at $364,000 after purchasing an additional 423 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its stake in shares of Autoliv by 3.0% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 23,800 shares of the auto parts company’s stock valued at $2,954,000 after purchasing an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 35.51% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This report was first reported by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.thelincolnianonline.com/2018/03/23/autoliv-alv-given-a-137-00-price-target-by-susquehanna-bancshares-analysts.html.
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.
Receive News & Ratings for Autoliv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv and related companies with MarketBeat.com's FREE daily email newsletter.