Shares of Autoliv Inc. (NYSE:ALV) have earned a consensus rating of “Hold” from the twenty-one brokerages that are presently covering the firm. Eight research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$92.65.
Several equities research analysts have issued reports on the stock. Wells Fargo & Co. reiterated a “hold” rating on shares of Autoliv in a research note on Tuesday, July 26th. Royal Bank Of Canada lowered 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 lowered 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 upgraded shares of Autoliv from a “sell” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Deutsche Bank AG lowered their price target on shares of Autoliv from $102.00 to $100.00 and set a “hold” rating on the stock in a research note on Monday, July 25th.
Autoliv (NYSE:ALV) traded down 1.84% during midday trading on Thursday, hitting $104.36. 91,507 shares of the company traded hands. Autoliv has a 12-month low of $95.34 and a 12-month high of $129.37. The company has a market capitalization of $9.21 billion, a price-to-earnings ratio of 16.28 and a beta of 1.34. The stock’s 50-day moving average price is $106.12 and its 200 day moving average price is $113.10.
Autoliv (NYSE:ALV) last issued its quarterly earnings results on Friday, July 22nd. The company reported $1.75 earnings per share (EPS) for the quarter, beating the 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 firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the previous year, the business earned $1.62 EPS. The company’s revenue was up 12.5% compared to the same quarter last year. On average, equities analysts forecast that Autoliv will post $6.66 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors 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 is Monday, November 14th. Autoliv’s payout ratio is 36.19%.
A number of hedge funds have recently bought and sold shares of the stock. Global X Management Co. LLC increased its stake in 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 in the last quarter. 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 worth $137,000 after buying an additional 249 shares in 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 worth $139,000 after buying an additional 793 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in Autoliv during the second quarter worth about $152,000. Finally, Invictus RG acquired a new stake in Autoliv during the second quarter worth about $159,000. 33.07% of the stock is owned by hedge funds and other institutional investors.
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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