ALV has been the topic of a number of other research reports. Wells Fargo & Co. reiterated a hold rating on shares of Autoliv in a research report on Tuesday, July 26th. Deutsche Bank AG cut their target price on Autoliv from $102.00 to $100.00 and set a hold rating for the company in a research note on Monday, July 25th. Zacks Investment Research raised Autoliv from a sell rating to a hold rating in a research note on Monday, October 3rd. Royal Bank Of Canada cut their target price on Autoliv from $95.00 to $92.00 and set an underperform rating for the company in a research note on Monday, July 25th. Finally, Berenberg Bank initiated coverage on Autoliv in a research note on Friday, June 17th. They set a hold rating and a $109.00 target price for the company. Eight equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. Autoliv currently has a consensus rating of Hold and an average target price of C$101.39.
Shares of Autoliv (NYSE:ALV) opened at 103.15 on Monday. The stock has a market capitalization of $9.10 billion, a PE ratio of 16.09 and a beta of 1.29. The company’s 50 day moving average price is $105.84 and its 200-day moving average price is $112.50. Autoliv has a 52 week low of $95.34 and a 52 week high of $129.37.
Autoliv (NYSE:ALV) last announced 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. Autoliv had a return on equity of 16.97% and a net margin of 5.83%. The firm had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter last year, the business posted $1.62 earnings per share. The firm’s revenue was up 12.5% compared to the same quarter last year. Equities research analysts predict that Autoliv will post $6.66 EPS 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 issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Monday, November 14th. Autoliv’s dividend payout ratio (DPR) is 36.19%.
A number of hedge funds have recently made changes to their positions in ALV. Global X Management Co. LLC increased its stake in shares of Autoliv by 75.9% in the second quarter. Global X Management Co. LLC now owns 1,258 shares of the company’s stock worth $135,000 after buying an additional 543 shares during the period. IFP Advisors Inc increased its stake 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 last quarter. Victory Capital Management Inc. increased its stake 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 last quarter. Tower Research Capital LLC TRC purchased a new stake in Autoliv during the second quarter valued at $152,000. Finally, Invictus RG purchased a new stake in Autoliv during the second quarter valued at $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.
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