$1.33 Earnings Per Share Expected for Autoliv, Inc. (NYSE:ALV) This Quarter

Equities research analysts predict that Autoliv, Inc. (NYSE:ALV) will report earnings of $1.33 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Autoliv’s earnings. Autoliv reported earnings of $1.48 per share during the same quarter last year, which would indicate a negative year over year growth rate of 10.1%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Friday, October 22nd.

According to Zacks, analysts expect that Autoliv will report full year earnings of $6.12 per share for the current fiscal year, with EPS estimates ranging from $5.90 to $6.34. For the next financial year, analysts forecast that the company will report earnings of $8.44 per share, with EPS estimates ranging from $7.77 to $9.22. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Autoliv.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Thursday, July 15th. The auto parts company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.18). Autoliv had a return on equity of 24.12% and a net margin of 6.21%. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the previous year, the business posted ($1.40) EPS. The business’s revenue for the quarter was up 92.9% compared to the same quarter last year.

ALV has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of Autoliv from a “hold” rating to a “sell” rating and set a $92.00 price objective for the company. in a research report on Tuesday, September 7th. BNP Paribas downgraded shares of Autoliv from a “neutral” rating to an “underperform” rating and set a $87.00 price target for the company. in a research report on Thursday, September 16th. Exane BNP Paribas downgraded shares of Autoliv from a “neutral” rating to an “underperform” rating and set a $87.00 price target for the company. in a research report on Monday. Royal Bank of Canada reduced their price target on shares of Autoliv from $117.00 to $104.00 and set an “outperform” rating for the company in a research report on Monday, July 19th. Finally, TheStreet upgraded shares of Autoliv from a “c” rating to a “b-” rating in a research report on Friday, July 16th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Autoliv presently has a consensus rating of “Hold” and an average target price of $96.00.

In other Autoliv news, insider Frithjof Oldorff sold 1,406 shares of Autoliv stock in a transaction that occurred on Thursday, September 2nd. The shares were sold at an average price of $88.05, for a total value of $123,798.30. Following the completion of the sale, the insider now directly owns 3,465 shares of the company’s stock, valued at approximately $305,093.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. lifted its holdings in shares of Autoliv by 22.9% during the 1st quarter. BlackRock Inc. now owns 3,326,898 shares of the auto parts company’s stock valued at $308,737,000 after acquiring an additional 620,080 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Autoliv by 19.9% during the 1st quarter. Nordea Investment Management AB now owns 1,668,542 shares of the auto parts company’s stock valued at $154,924,000 after acquiring an additional 276,921 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Autoliv by 1.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,421,305 shares of the auto parts company’s stock valued at $138,953,000 after acquiring an additional 25,799 shares in the last quarter. State Street Corp lifted its holdings in Autoliv by 20.2% in the 2nd quarter. State Street Corp now owns 1,172,743 shares of the auto parts company’s stock worth $114,647,000 after buying an additional 197,354 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new position in Autoliv in the 1st quarter worth $107,676,000. 36.76% of the stock is owned by hedge funds and other institutional investors.

NYSE ALV opened at $82.88 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.33 and a debt-to-equity ratio of 0.65. The firm has a market cap of $7.25 billion, a P/E ratio of 13.26 and a beta of 1.84. Autoliv has a 52-week low of $68.49 and a 52-week high of $108.76. The business’s 50-day moving average price is $92.29 and its 200 day moving average price is $96.61.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 24th. Stockholders of record on Thursday, September 9th will be paid a dividend of $0.62 per share. The ex-dividend date is Wednesday, September 8th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.99%. Autoliv’s dividend payout ratio (DPR) is 78.73%.

Autoliv Company Profile

Autoliv, Inc engages in the development, manufacture, and supply of automotive safety systems. It operates through the Passive Safety and Electronics segment. The Passive Safety segment includes airbags, seatbelts, steering wheels, and restrain electronics. The Electronics segment comprises of restraint control systems, brake control systems and active safety.

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Earnings History and Estimates for Autoliv (NYSE:ALV)

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