Autoliv, Inc. (NYSE:ALV) Receives $135.00 Average PT from Analysts

Autoliv, Inc. (NYSE:ALV) has earned an average rating of “Moderate Buy” from the thirteen brokerages that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $134.8667.

Several equities research analysts recently weighed in on the company. Royal Bank Of Canada raised their price objective on Autoliv from $137.00 to $138.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Jefferies Financial Group downgraded Autoliv from a “buy” rating to a “hold” rating and cut their price objective for the company from $150.00 to $120.00 in a report on Tuesday, April 14th. Barclays cut their price objective on Autoliv from $140.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. TD Cowen lowered their target price on Autoliv from $150.00 to $147.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Bank of America assumed coverage on Autoliv in a research report on Thursday, April 16th. They set a “buy” rating and a $140.00 target price for the company.

Autoliv Trading Down 3.1%

NYSE ALV opened at $121.94 on Friday. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.64. Autoliv has a twelve month low of $99.16 and a twelve month high of $132.17. The company has a market cap of $9.13 billion, a price-to-earnings ratio of 13.11, a price-to-earnings-growth ratio of 0.84 and a beta of 1.33. The business’s fifty day moving average is $119.78 and its 200 day moving average is $118.72.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Saturday, April 18th. The auto parts company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.21. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.61 billion. During the same quarter last year, the business posted $2.15 EPS. Autoliv’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, sell-side analysts expect that Autoliv will post 10.53 EPS for the current fiscal year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Wednesday, May 20th were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Autoliv’s dividend payout ratio (DPR) is currently 37.42%.

Insider Transactions at Autoliv

In related news, Director Jan Carlson sold 19,607 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the completion of the transaction, the director directly owned 60,000 shares of the company’s stock, valued at $7,800,000. This trade represents a 24.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.34% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Autoliv

A number of institutional investors have recently modified their holdings of the company. Swedbank AB boosted its stake in shares of Autoliv by 14.4% in the 4th quarter. Swedbank AB now owns 2,976,700 shares of the auto parts company’s stock valued at $353,334,000 after purchasing an additional 375,454 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Autoliv by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,562,641 shares of the auto parts company’s stock valued at $304,185,000 after purchasing an additional 28,415 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Autoliv by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,952,252 shares of the auto parts company’s stock valued at $205,270,000 after purchasing an additional 70,424 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Autoliv by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 1,867,396 shares of the auto parts company’s stock valued at $221,660,000 after purchasing an additional 21,221 shares during the last quarter. Finally, LSV Asset Management lifted its stake in shares of Autoliv by 6.5% in the 4th quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company’s stock valued at $199,607,000 after purchasing an additional 101,922 shares during the period. 69.57% of the stock is owned by institutional investors.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.