Shares of Autoliv Inc. (NYSE:ALV) have been given a consensus rating of “Hold” by the twenty-one research firms that are currently covering the company. Eight analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$92.65.
A number of research analysts have commented on ALV shares. Zacks Investment Research cut Autoliv from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 27th. Citigroup Inc. dropped their target price on Autoliv from $121.00 to $113.00 and set a “neutral” rating on the stock in a research report on Thursday, July 28th. Berenberg Bank began coverage on Autoliv in a research report on Friday, June 17th. They set a “hold” rating and a $109.00 target price on the stock. RBC Capital Markets reaffirmed an “underperform” rating and set a $92.00 target price (down from $95.00) on shares of Autoliv in a research report on Monday, July 25th. Finally, Wells Fargo & Co. reaffirmed a “hold” rating on shares of Autoliv in a research report on Tuesday, July 26th.
Autoliv (NYSE:ALV) traded down 1.84% during mid-day trading on Thursday, reaching $104.36. The company’s stock had a trading volume of 91,507 shares. The stock has a market capitalization of $9.21 billion, a price-to-earnings ratio of 16.28 and a beta of 1.34. Autoliv has a 52 week low of $95.34 and a 52 week high of $129.37. The firm has a 50-day moving average of $106.12 and a 200-day moving average of $113.10.
Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, July 22nd. The company reported $1.75 EPS for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.04. The company had revenue of $2.58 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Autoliv had a return on equity of 16.97% and a net margin of 5.83%. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.62 earnings per share. On average, equities research analysts expect that Autoliv will post $6.66 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Wednesday, November 16th will be issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Monday, November 14th. Autoliv’s dividend payout ratio (DPR) is presently 36.19%.
Several institutional investors have recently bought and sold shares of the stock. Global X Management Co. LLC raised its position in Autoliv by 75.9% in the second quarter. Global X Management Co. LLC now owns 1,258 shares of the company’s stock valued at $135,000 after buying an additional 543 shares during the period. IFP Advisors Inc raised its position in Autoliv by 27.5% in the first quarter. IFP Advisors Inc now owns 1,153 shares of the company’s stock valued at $137,000 after buying an additional 249 shares during the period. Victory Capital Management Inc. raised its position in Autoliv by 157.7% in the second quarter. Victory Capital Management Inc. now owns 1,296 shares of the company’s stock valued at $139,000 after buying an additional 793 shares during the period. Tower Research Capital LLC TRC bought a new position in Autoliv during the second quarter valued at approximately $152,000. Finally, Invictus RG bought a new position in Autoliv during the second quarter valued at approximately $159,000. 33.07% of the stock is owned by institutional investors.
Autoliv Company Profile
Autoliv, Inc is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera-based vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors.
Receive News & Ratings for Autoliv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv Inc. and related companies with MarketBeat.com's FREE daily email newsletter.