Autoliv, Inc. (NYSE:ALV) Receives $122.46 Consensus PT from Analysts

Autoliv, Inc. (NYSE:ALV) has earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $121.62.

Several research analysts recently issued reports on the stock. StockNews.com cut shares of Autoliv from a “buy” rating to a “hold” rating in a report on Wednesday, December 25th. Daiwa Capital Markets raised 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. Bank of America reduced their price target on Autoliv from $137.00 to $134.00 and set a “buy” rating for the company in a report on Thursday, October 3rd. Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Finally, Robert W. Baird raised their target price on Autoliv from $103.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, October 21st.

Institutional Trading of Autoliv

Several large investors have recently modified their holdings of the business. Geode Capital Management LLC increased its position in Autoliv by 10.8% during the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock worth $92,221,000 after purchasing an additional 95,888 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of Autoliv by 1,437.4% during the third quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock worth $4,855,000 after buying an additional 48,612 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company’s stock worth $25,800,000 after buying an additional 76,510 shares in the last quarter. HITE Hedge Asset Management LLC raised its position in shares of Autoliv by 32.9% in the third quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock valued at $12,645,000 after buying an additional 33,490 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of Autoliv by 41.5% during the third quarter. Barclays PLC now owns 30,216 shares of the auto parts company’s stock valued at $2,821,000 after buying an additional 8,859 shares during the period. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Trading Down 0.1 %

NYSE:ALV opened at $93.37 on Friday. Autoliv has a 12-month low of $89.51 and a 12-month high of $129.38. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. The stock’s 50 day simple moving average is $96.35 and its 200-day simple moving average is $97.89. The firm has a market cap of $7.26 billion, a P/E ratio of 12.16, a PEG ratio of 0.90 and a beta of 1.59.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.16). The firm had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.52 billion. Autoliv had a net margin of 5.98% and a return on equity of 30.85%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.66 earnings per share. Equities analysts anticipate that Autoliv will post 8.19 EPS for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $2.80 dividend on an annualized basis and a yield of 3.00%. This is a boost from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s payout ratio is presently 36.46%.

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.