Shares of Autoliv Inc. (NYSE:ALV) have been given a consensus rating of “Hold” by the twenty research firms that are presently covering the company. Seven equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$98.08.
A number of research firms have recently weighed in on ALV. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Autoliv in a research note on Tuesday, July 26th. Royal Bank Of Canada dropped their price target on shares of Autoliv from $95.00 to $92.00 and set an “underperform” rating on the stock in a research note on Monday, July 25th. Barclays PLC dropped their price target on shares of Autoliv from $89.00 to $82.00 and set an “underweight” rating on the stock in a research note on Monday, July 25th. Zacks Investment Research raised shares of Autoliv from a “sell” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Piper Jaffray Cos. set a $104.00 price target on shares of Autoliv and gave the stock a “hold” rating in a research note on Monday, July 25th.
Autoliv (NYSE:ALV) opened at 106.47 on Thursday. The company has a 50 day moving average price of $105.99 and a 200 day moving average price of $112.88. The firm has a market cap of $9.39 billion, a PE ratio of 16.61 and a beta of 1.29. Autoliv has a 1-year low of $95.34 and a 1-year high of $129.37.
Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, July 22nd. The company reported $1.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.04. Autoliv had a net margin of 5.83% and a return on equity of 16.97%. The business had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business posted $1.62 earnings per share. Autoliv’s revenue for the quarter was up 12.5% compared to the same quarter last year. On average, equities research analysts forecast that Autoliv will post $6.66 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Wednesday, November 16th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Monday, November 14th. Autoliv’s dividend payout ratio is 36.19%.
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Institutional Trust Company N.A. boosted its position in shares of Autoliv by 1.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,538,027 shares of the company’s stock worth $165,261,000 after buying an additional 27,940 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Autoliv by 2.6% in the second quarter. Vanguard Group Inc. now owns 1,289,681 shares of the company’s stock worth $138,577,000 after buying an additional 32,557 shares in the last quarter. Edge Asset Management Inc. boosted its position in shares of Autoliv by 2.8% in the second quarter. Edge Asset Management Inc. now owns 1,078,378 shares of the company’s stock worth $115,872,000 after buying an additional 29,483 shares in the last quarter. State Street Corp boosted its position in shares of Autoliv by 10.4% in the first quarter. State Street Corp now owns 864,427 shares of the company’s stock worth $102,415,000 after buying an additional 81,460 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Autoliv by 34.7% in the second quarter. Ameriprise Financial Inc. now owns 802,236 shares of the company’s stock worth $86,217,000 after buying an additional 206,460 shares in the last quarter. Hedge funds and other institutional investors own 33.07% of the company’s stock.
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.