Aptiv PLC (NYSE:APTV) Receives $92.37 Consensus Target Price from Analysts

Share on StockTwits

Shares of Aptiv PLC (NYSE:APTV) have been assigned an average recommendation of “Buy” from the twenty-seven analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $92.65.

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Aptiv from $93.00 to $97.00 and gave the stock an “overweight” rating in a research note on Thursday, August 1st. Cowen boosted their price objective on Aptiv from $95.00 to $102.00 and gave the stock a “top pick” rating in a research note on Thursday, August 1st. UBS Group boosted their price objective on Aptiv from $87.00 to $92.00 and gave the stock a “neutral” rating in a research note on Thursday, September 12th. Bank of America lowered Aptiv from a “buy” rating to a “neutral” rating in a research note on Friday, September 13th. Finally, Credit Suisse Group boosted their price objective on Aptiv from $90.00 to $96.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st.

NYSE APTV traded up $0.40 on Monday, reaching $89.36. 788,101 shares of the company were exchanged, compared to its average volume of 1,500,280. The business’s fifty day moving average price is $86.94 and its 200 day moving average price is $81.69. The stock has a market capitalization of $22.97 billion, a P/E ratio of 16.99, a price-to-earnings-growth ratio of 1.57 and a beta of 2.05. The company has a current ratio of 1.22, a quick ratio of 0.89 and a debt-to-equity ratio of 1.16. Aptiv has a fifty-two week low of $58.80 and a fifty-two week high of $91.57.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Wednesday, July 31st. The auto parts company reported $1.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.20. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. Aptiv had a return on equity of 34.92% and a net margin of 6.86%. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 earnings per share. Equities research analysts forecast that Aptiv will post 5.09 earnings per share for the current year.

In related news, CFO Joseph R. Massaro sold 2,800 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $89.56, for a total value of $250,768.00. Also, CAO Allan J. Brazier sold 4,752 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $90.00, for a total value of $427,680.00. Corporate insiders own 0.40% of the company’s stock.

Several hedge funds have recently bought and sold shares of APTV. NuWave Investment Management LLC raised its holdings in shares of Aptiv by 309.1% in the 3rd quarter. NuWave Investment Management LLC now owns 315 shares of the auto parts company’s stock valued at $27,000 after buying an additional 238 shares during the period. Thor Advisors LLC purchased a new stake in shares of Aptiv in the 1st quarter valued at $33,000. Cornerstone Advisors Inc. raised its holdings in shares of Aptiv by 30.6% in the 2nd quarter. Cornerstone Advisors Inc. now owns 692 shares of the auto parts company’s stock valued at $56,000 after buying an additional 162 shares during the period. Point72 Hong Kong Ltd purchased a new stake in shares of Aptiv in the 2nd quarter valued at $63,000. Finally, Huntington National Bank raised its holdings in shares of Aptiv by 25.0% in the 2nd quarter. Huntington National Bank now owns 1,095 shares of the auto parts company’s stock valued at $88,000 after buying an additional 219 shares during the period. Hedge funds and other institutional investors own 95.44% of the company’s stock.

Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

Further Reading: How to trade on quiet period expirations

Analyst Recommendations for Aptiv (NYSE:APTV)

Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Short Interest in Waterstone Financial, Inc.  Increases By 6.1%
Short Interest in Waterstone Financial, Inc. Increases By 6.1%
Viacom, Inc.  Short Interest Up 7.4% in October
Viacom, Inc. Short Interest Up 7.4% in October
Zynerba Pharmaceuticals Inc  Short Interest Down 10.5% in October
Zynerba Pharmaceuticals Inc Short Interest Down 10.5% in October
FAT Brands  Downgraded to “Hold” at ValuEngine
FAT Brands Downgraded to “Hold” at ValuEngine
Crestwood Equity Partners  Stock Rating Lowered by ValuEngine
Crestwood Equity Partners Stock Rating Lowered by ValuEngine
AGM Group  Stock Rating Upgraded by ValuEngine
AGM Group Stock Rating Upgraded by ValuEngine


© 2006-2019 Ticker Report