Autoliv, Inc. (NYSE:ALV) Stock Has Consensus Price Target of $134.85

Shares of Autoliv, Inc. (NYSE:ALV) have received an average rating of “Moderate Buy” from the twelve analysts that are covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $134.85.

A number of equities analysts have recently issued reports on ALV shares. Wall Street Zen cut Autoliv from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Wells Fargo & Company boosted their price target on Autoliv from $116.00 to $122.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded Autoliv from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Wolfe Research lowered Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, September 23rd. Finally, Royal Bank Of Canada dropped their price objective on Autoliv from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Monday, October 12th.

Hedge Funds Weigh In On Autoliv

Several institutional investors have recently added to or reduced their stakes in ALV. Global Retirement Partners LLC acquired a new position in Autoliv during the second quarter valued at approximately $60,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Autoliv during the 2nd quarter worth approximately $62,000. Integrated Wealth Concepts LLC acquired a new position in shares of Autoliv during the 2nd quarter worth approximately $69,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Autoliv during the 2nd quarter worth approximately $78,000. Finally, GAMMA Investing LLC raised its stake in shares of Autoliv by 16.5% during the 2nd quarter. GAMMA Investing LLC now owns 988 shares of the auto parts company’s stock worth $115,000 after purchasing an additional 140 shares in the last quarter. 69.57% of the stock is owned by institutional investors.

Autoliv Price Performance

Shares of Autoliv stock opened at $116.33 on Friday. The firm has a market cap of $8.52 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 0.93 and a beta of 1.39. The firm’s 50-day simple moving average is $118.15 and its 200-day simple moving average is $118.93. Autoliv has a twelve month low of $99.16 and a twelve month high of $132.17. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.03.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, July 17th. The auto parts company reported $2.43 EPS for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.03). The business had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. Autoliv had a return on equity of 29.36% and a net margin of 5.79%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.21 EPS. As a group, research analysts expect that Autoliv will post 9.97 EPS for the current fiscal year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, August 28th. Autoliv’s payout ratio is currently 40.99%.

Autoliv Company Profile

Autoliv, Inc (NYSE: ALV) develops and manufactures automotive safety systems and components for vehicle manufacturers worldwide. The company focuses primarily on passive safety products designed to help protect occupants during a collision.

Its product portfolio includes airbags, seat belts, steering wheels, pedestrian protection systems, and associated safety electronics and control systems. Autoliv supplies these products to major automakers and supports vehicle programs across passenger cars and commercial vehicles.

Autoliv traces its roots to Sweden and has grown into an international automotive supplier with operations and customers across North America, Europe, Asia, and other major automotive markets.