Autoliv (ALV) Earning Somewhat Positive News Coverage, Accern Reports
Media coverage about Autoliv (NYSE:ALV) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Autoliv earned a news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 46.6071024782425 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
- Autoliv, Inc. (ALV) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Autoliv (NYSE:ALV) & Tenneco (TEN) Head to Head Contrast (americanbankingnews.com)
- Autoliv, Inc. (ALV) Plans Quarterly Dividend of $0.60 (americanbankingnews.com)
- Autoliv Declares Dividend – KTVN Channel 2 – Reno Tahoe Sparks News, Weather, Video (ktvn.com)
Autoliv (NYSE:ALV) traded up 0.41% during mid-day trading on Wednesday, hitting $108.61. The company’s stock had a trading volume of 120,407 shares. The firm’s 50-day moving average is $111.00 and its 200-day moving average is $106.43. The company has a market cap of $9.44 billion, a P/E ratio of 17.16 and a beta of 1.13. Autoliv has a 12-month low of $93.31 and a 12-month high of $117.54.
Autoliv (NYSE:ALV) last released its earnings results on Friday, July 21st. The auto parts company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by $0.04. Autoliv had a net margin of 5.44% and a return on equity of 13.96%. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the company earned $1.75 earnings per share. Autoliv’s revenue was down 1.3% on a year-over-year basis. Analysts predict that Autoliv will post $6.22 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 22nd will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Tuesday, November 21st. Autoliv’s payout ratio is 37.97%.
A number of research firms have recently commented on ALV. Jefferies Group LLC set a $108.00 target price on Autoliv and gave the company a “hold” rating in a research note on Sunday, April 30th. BMO Capital Markets restated an “outperform” rating and issued a $121.00 target price on shares of Autoliv in a research note on Wednesday, July 26th. Piper Jaffray Companies restated a “hold” rating and issued a $99.00 target price on shares of Autoliv in a research note on Wednesday, July 26th. Barclays PLC lowered their target price on Autoliv from $88.00 to $86.00 and set an “underweight” rating for the company in a research note on Monday, May 1st. Finally, Royal Bank Of Canada lowered their target price on Autoliv from $100.00 to $98.00 and set a “sector perform” rating for the company in a research note on Monday, July 24th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. Autoliv has a consensus rating of “Hold” and an average target price of $105.32.
In related news, VP Thomas Jonsson sold 1,240 shares of the company’s stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $108.55, for a total value of $134,602.00. Following the transaction, the vice president now directly owns 2,311 shares of the company’s stock, valued at approximately $250,859.05. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert W. Alspaugh sold 1,156 shares of the company’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $109.87, for a total value of $127,009.72. Following the completion of the transaction, the director now directly owns 3,800 shares in the company, valued at $417,506. The disclosure for this sale can be found here. 0.25% of the stock is owned by corporate insiders.
Autoliv Company Profile
Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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