Autoliv (ALV) Expected to Announce Earnings on Friday

Autoliv (NYSE:ALV) will likely be issuing its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $2.84 per share and revenue of $2.71 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Autoliv Stock Performance

Shares of ALV opened at $101.20 on Thursday. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 0.73 and a beta of 1.59. Autoliv has a 12 month low of $89.51 and a 12 month high of $129.38. The firm has a fifty day simple moving average of $96.61 and a 200 day simple moving average of $97.11. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69.

Autoliv Increases Dividend

The business also recently declared 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. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. The ex-dividend date was Tuesday, December 3rd. This represents a $2.80 annualized dividend and a dividend yield of 2.77%. Autoliv’s payout ratio is 36.46%.

Analyst Ratings Changes

ALV has been the topic of several analyst reports. Wells Fargo & Company dropped their price target on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target for the company in a report on Tuesday, January 7th. Bank of America lowered their price target on Autoliv from $137.00 to $134.00 and set a “buy” rating on the stock in a research report on Thursday, October 3rd. Finally, Barclays cut their price objective on Autoliv from $115.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 15th. Six research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.62.

About Autoliv

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.