Aptiv (NYSE:APTV) Posts Earnings Results

Aptiv (NYSE:APTV) issued its quarterly earnings data on Tuesday. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.09, FiscalAI reports. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The company had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same period last year, the business earned $2.17 earnings per share. The business’s revenue was up 2.3% on a year-over-year basis.

Here are the key takeaways from Aptiv’s conference call:

• Aptiv reported 2% adjusted revenue growth to $3.2 billion in Q3, while adjusted EBITDA margin fell 140 basis points to 18% due to product mix, lower software revenue, commodity pressures, and growth investments.
• New business awards reached more than $13 billion year to date, including strong growth in China exports, European Intelligent Systems bookings, and non-automotive markets such as data centers, robotics, drones, energy storage, and aerospace and defense.
• Aptiv plans to repurchase at least $650 million of stock in 2026 and return 100% of free cash flow to shareholders through at least the end of 2027, reflecting management’s view that the shares are undervalued.
• Management is taking a cautious view of 2027 because of semiconductor and memory-chip inflation, tariffs, supply-chain disruptions, vehicle affordability pressures, and weaker production at two German luxury OEMs; the company expects a flat to slightly positive year before revenue growth reaccelerates in 2028.
• Aptiv is evaluating its business and product portfolio and plans to provide an update in the first quarter of 2027, while continuing to invest in non-automotive growth and supply-chain resilience.

Aptiv Stock Up 1.0%

Shares of NYSE APTV opened at $44.67 on Tuesday. Aptiv has a 12-month low of $41.88 and a 12-month high of $88.93. The firm’s 50-day simple moving average is $44.55 and its 200 day simple moving average is $59.76. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a market cap of $9.27 billion, a price-to-earnings ratio of 42.94, a price-to-earnings-growth ratio of 0.86 and a beta of 1.48.

Analyst Ratings Changes

APTV has been the subject of a number of recent analyst reports. Evercore reiterated an “outperform” rating and set a $70.00 target price on shares of Aptiv in a research report on Monday, August 10th. The Goldman Sachs Group decreased their price objective on shares of Aptiv from $71.00 to $61.00 and set a “buy” rating on the stock in a research note on Tuesday, October 6th. Robert W. Baird set a $59.00 target price on shares of Aptiv in a research note on Wednesday, August 5th. Barclays reduced their target price on Aptiv from $65.00 to $60.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. Finally, JPMorgan Chase & Co. lowered Aptiv from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $65.00 to $56.00 in a research report on Tuesday, September 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.60.

About Aptiv

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.