Delphi Automotive PLC (NYSE:DLPH) Getting Somewhat Favorable Media Coverage, Analysis Shows
Press coverage about Delphi Automotive PLC (NYSE:DLPH) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Delphi Automotive PLC earned a news impact score of 0.06 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 67 out of 100, indicating that recent news coverage is likely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Thursday Sector Leaders: Consumer Products, Utilities – Nasdaq (nasdaq.com)
- Delphi Automotive PLC (DLPH) PT Raised to $107 at Deutsche Bank – StreetInsider.com (streetinsider.com)
- Investors are Watching Technical Levels on Shares of Delphi Automotive PLC (DLPH) – Hayden Business Journal (haydenbusinessjournal.com)
- Delphi Reports Second Quarter 2017 Financial Results; Raises Full Year Outlook – Markets Insider (markets.businessinsider.com)
- Shares Seesawing on Volume: Delphi Automotive PLC (DLPH) – Evergreen Caller (evergreencaller.com)
A number of analysts have recently issued reports on the stock. Deutsche Bank AG raised their price target on shares of Delphi Automotive PLC from $99.00 to $107.00 and gave the company a “buy” rating in a report on Thursday. BidaskClub downgraded shares of Delphi Automotive PLC from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $95.00 price target on shares of Delphi Automotive PLC in a report on Friday, July 7th. Jefferies Group LLC raised their price target on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a report on Friday, May 5th. Finally, Zacks Investment Research downgraded shares of Delphi Automotive PLC from a “buy” rating to a “hold” rating in a report on Friday, May 5th. Three analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $91.13.
Shares of Delphi Automotive PLC (NYSE:DLPH) traded up 2.02% during trading on Thursday, reaching $92.86. 2,786,096 shares of the company’s stock traded hands. The stock has a market cap of $24.88 billion, a P/E ratio of 19.59 and a beta of 1.37. The company has a 50 day moving average price of $88.84 and a 200-day moving average price of $81.67. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $93.62.
Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.06. Delphi Automotive PLC had a return on equity of 62.09% and a net margin of 6.90%. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the prior year, the firm posted $1.59 EPS. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts expect that Delphi Automotive PLC will post $6.63 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Wednesday, August 9th will be given a $0.29 dividend. The ex-dividend date of this dividend is Monday, August 7th. This represents a $1.16 annualized dividend and a yield of 1.25%. Delphi Automotive PLC’s dividend payout ratio is presently 27.10%.
In other news, CFO Joseph R. Massaro sold 3,000 shares of the stock in a transaction that occurred on Friday, June 23rd. The stock was sold at an average price of $85.79, for a total transaction of $257,370.00. Following the transaction, the chief financial officer now owns 55,779 shares in the company, valued at approximately $4,785,280.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP David M. Sherbin sold 15,500 shares of the stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $86.63, for a total value of $1,342,765.00. Following the transaction, the senior vice president now owns 70,766 shares in the company, valued at approximately $6,130,458.58. The disclosure for this sale can be found here. In the last 90 days, insiders sold 20,449 shares of company stock worth $1,770,497. Insiders own 0.32% of the company’s stock.
Delphi Automotive PLC Company Profile
Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.
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