Autoliv, Inc. (NYSE:ALV) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Autoliv, Inc. (NYSE:ALV) have been given an average recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $134.8667.

A number of research firms have weighed in on ALV. Royal Bank Of Canada upped their target price on Autoliv from $137.00 to $138.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. Weiss Ratings raised Autoliv from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Wells Fargo & Company set a $116.00 target price on Autoliv in a research note on Monday, April 20th. UBS Group lifted their target price on Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Jefferies Financial Group raised shares of Autoliv to a “hold” rating in a report on Monday.

Insiders Place Their Bets

In other Autoliv news, Director Jan Carlson sold 19,607 shares of Autoliv stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the transaction, the director directly owned 60,000 shares in the company, valued at approximately $7,800,000. The trade was a 24.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On Autoliv

Several hedge funds have recently bought and sold shares of ALV. Torren Management LLC purchased a new position in Autoliv during the 4th quarter valued at about $25,000. IFP Advisors Inc lifted its position in shares of Autoliv by 110.3% in the third quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Autoliv by 863.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 190 shares during the period. Quarry LP purchased a new position in Autoliv during the third quarter valued at approximately $36,000. Finally, Johnson Financial Group Inc. purchased a new position in Autoliv during the third quarter valued at approximately $37,000. 69.57% of the stock is owned by hedge funds and other institutional investors.

Autoliv Stock Performance

Shares of NYSE ALV opened at $118.31 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.64. The stock has a 50 day simple moving average of $120.30 and a 200-day simple moving average of $118.71. The company has a market cap of $8.86 billion, a PE ratio of 12.72, a P/E/G ratio of 0.78 and a beta of 1.33. Autoliv has a 12-month low of $99.16 and a 12-month high of $132.17.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Saturday, April 18th. The auto parts company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.21. The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.61 billion. Autoliv had a net margin of 6.45% and a return on equity of 29.03%. Autoliv’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.15 EPS. On average, equities research analysts forecast that Autoliv will post 10.53 EPS for the current year.

Autoliv Dividend Announcement

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

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.