Autoliv, Inc. (NYSE:ALV) Receives $124.71 Average Target Price from Analysts

Shares of Autoliv, Inc. (NYSE:ALV) have received an average rating of “Moderate Buy” from the seventeen research firms that are currently covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $124.71.

Several equities research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Autoliv from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 13th. Hsbc Global Res raised Autoliv to a “strong-buy” rating in a research report on Monday, July 15th. BNP Paribas assumed coverage on Autoliv in a research report on Tuesday, June 18th. They issued a “neutral” rating for the company. HSBC assumed coverage on Autoliv in a research report on Monday, July 15th. They issued a “buy” rating and a $134.00 target price for the company. Finally, Citigroup reduced their target price on Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd.

Institutional Trading of Autoliv

Institutional investors have recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Autoliv in the 2nd quarter worth $963,000. Sanctuary Advisors LLC bought a new position in Autoliv during the second quarter worth about $402,000. Dana Investment Advisors Inc. grew its position in shares of Autoliv by 6.2% during the 2nd quarter. Dana Investment Advisors Inc. now owns 73,481 shares of the auto parts company’s stock worth $7,862,000 after buying an additional 4,319 shares during the period. Truist Financial Corp increased its stake in shares of Autoliv by 13.8% in the 2nd quarter. Truist Financial Corp now owns 3,133 shares of the auto parts company’s stock valued at $335,000 after acquiring an additional 380 shares during the last quarter. Finally, Quarry LP raised its position in shares of Autoliv by 133.5% in the 2nd quarter. Quarry LP now owns 362 shares of the auto parts company’s stock valued at $39,000 after acquiring an additional 207 shares during the period. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Trading Up 0.3 %

Shares of Autoliv stock opened at $93.69 on Friday. The company’s fifty day simple moving average is $97.45 and its 200-day simple moving average is $110.16. The company has a market cap of $7.62 billion, a price-to-earnings ratio of 14.62, a PEG ratio of 0.68 and a beta of 1.60. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.67. Autoliv has a 1 year low of $89.37 and a 1 year high of $129.38.

Autoliv (NYSE:ALV) last announced its quarterly earnings data 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 company had revenue of $2.61 billion during 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 company’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.93 EPS. As a group, sell-side analysts expect that Autoliv will post 8.61 EPS for the current year.

Autoliv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend was Wednesday, September 4th. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

About Autoliv

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.