Autoliv, Inc. (NYSE:ALV) Receives $126.46 Consensus Price Target from Analysts

Autoliv, Inc. (NYSE:ALV) has been assigned an average recommendation of “Moderate Buy” from the sixteen research firms that are presently covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $126.46.

A number of equities research analysts have commented on ALV shares. UBS Group raised Autoliv from a “neutral” rating to a “buy” rating and raised their target price for the company from $102.00 to $141.00 in a report on Tuesday, May 28th. Citigroup reduced their price objective on shares of Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research note on Monday, July 22nd. Barclays lowered their target price on shares of Autoliv from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Monday, July 22nd. HSBC began coverage on shares of Autoliv in a research report on Monday, July 15th. They set a “buy” rating and a $134.00 price target for the company. Finally, BNP Paribas assumed coverage on Autoliv in a report on Tuesday, June 18th. They issued a “neutral” rating on the stock.

Autoliv Trading Up 0.9 %

NYSE ALV opened at $100.09 on Monday. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $8.14 billion, a P/E ratio of 15.61, a P/E/G ratio of 0.84 and a beta of 1.61. Autoliv has a 52-week low of $89.37 and a 52-week high of $129.38. The firm has a 50-day moving average price of $101.87 and a 200 day moving average price of $112.86.

Autoliv (NYSE:ALV) last released its earnings results on Friday, July 19th. The auto parts company reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.44 by ($0.57). The business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.73 billion. Autoliv had a return on equity of 30.05% and a net margin of 5.91%. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.93 EPS. Equities research analysts expect that Autoliv will post 9.05 EPS for the current year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th will be issued a $0.68 dividend. The ex-dividend date is Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.72%. Autoliv’s dividend payout ratio (DPR) is 42.43%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Autoliv during the fourth quarter worth $27,000. GAMMA Investing LLC increased its stake in Autoliv by 62.7% in the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after purchasing an additional 101 shares during the last quarter. Register Financial Advisors LLC purchased a new position in Autoliv during the first quarter worth about $36,000. Quarry LP lifted its position in Autoliv by 133.5% during the second quarter. Quarry LP now owns 362 shares of the auto parts company’s stock worth $39,000 after buying an additional 207 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Autoliv by 83.8% in the 4th quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock worth $54,000 after buying an additional 223 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.