Autoliv (ALV) to Release Quarterly Earnings on Wednesday

Autoliv (NYSE:ALV) is anticipated to announce its earnings results before the market opens on Wednesday, April 16th. Analysts expect the company to announce earnings of $1.70 per share and revenue of $2.50 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, analysts expect Autoliv to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Price Performance

Shares of Autoliv stock opened at $82.69 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The company has a market cap of $6.40 billion, a PE ratio of 10.25, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. The firm has a fifty day moving average price of $91.32 and a two-hundred day moving average price of $94.55. Autoliv has a fifty-two week low of $75.49 and a fifty-two week high of $129.38.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date was Friday, March 7th. Autoliv’s dividend payout ratio is currently 34.70%.

Insider Buying and Selling

In related news, insider Magnus Jarlegren sold 1,289 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the transaction, the insider now directly owns 6,142 shares in the company, valued at $607,013.86. This represents a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the sale, the chief executive officer now directly owns 23,307 shares of the company’s stock, valued at $2,305,062.30. This represents a 19.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,253 shares of company stock worth $915,534 in the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

ALV has been the subject of several recent research reports. Mizuho cut their price target on Autoliv from $112.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a research note on Tuesday, January 7th. Pareto Securities downgraded shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Cowen started coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a “buy” rating for the company. Finally, StockNews.com downgraded shares of Autoliv from a “buy” rating to a “hold” rating in a report on Thursday, April 3rd. Ten equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $115.93.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.