Autoliv, Inc. (NYSE:ALV) Stock Has Average Price Target of $135.20 According to Analysts

Autoliv, Inc. (NYSE:ALV) has earned an average recommendation of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat reports. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $134.79.

Several analysts have recently weighed in on ALV shares. Wall Street Zen cut Autoliv from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. UBS Group upped their target price on Autoliv from $110.00 to $122.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. TD Cowen downgraded shares of Autoliv from a “buy” rating to a “hold” rating and decreased their price target for the company from $148.00 to $137.00 in a research note on Tuesday, September 8th. Royal Bank Of Canada reduced their price target on shares of Autoliv from $148.00 to $147.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Finally, Jefferies Financial Group decreased their price objective on Autoliv from $134.00 to $119.00 and set a “hold” rating for the company in a report on Tuesday.

Autoliv Stock Performance

Autoliv stock opened at $113.93 on Tuesday. Autoliv has a 1 year low of $99.16 and a 1 year high of $132.17. The company has a market cap of $8.34 billion, a PE ratio of 13.42, a PEG ratio of 0.95 and a beta of 1.36. The company has a current ratio of 1.03, a quick ratio of 0.79 and a debt-to-equity ratio of 0.67. The company’s 50-day moving average is $120.89 and its two-hundred day moving average is $117.86.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, July 17th. The auto parts company reported $2.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.03). Autoliv had a return on equity of 29.36% and a net margin of 5.79%.The company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter last year, the business posted $2.21 EPS. Autoliv’s quarterly revenue was up 3.3% on a year-over-year basis. Equities analysts anticipate that Autoliv will post 10.04 earnings per share for the current year.

Autoliv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th were paid a $0.87 dividend. The ex-dividend date was Friday, August 28th. This represents a $3.48 annualized dividend and a yield of 3.1%. Autoliv’s dividend payout ratio (DPR) is 40.99%.

Institutional Trading of Autoliv

A number of hedge funds have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its stake in Autoliv by 21.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,590 shares of the auto parts company’s stock worth $1,579,000 after acquiring an additional 2,429 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Autoliv by 16.1% during the second quarter. Sequoia Financial Advisors LLC now owns 4,333 shares of the auto parts company’s stock worth $503,000 after purchasing an additional 600 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Autoliv in the 2nd quarter valued at about $69,000. NewEdge Advisors LLC boosted its holdings in Autoliv by 34.0% in the second quarter. NewEdge Advisors LLC now owns 24,842 shares of the auto parts company’s stock valued at $2,886,000 after purchasing an additional 6,298 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its stake in shares of Autoliv by 2.6% during the 2nd quarter. Baird Financial Group Inc. now owns 15,664 shares of the auto parts company’s stock valued at $1,820,000 after buying an additional 390 shares during the last quarter. Institutional investors own 69.57% of the company’s stock.

About Autoliv

Autoliv, Inc is a global supplier of automotive safety systems. The company develops and manufactures products designed to help protect vehicle occupants and other road users, including airbags, seat belts, steering wheels, restraint systems and pedestrian-protection solutions.

Autoliv supplies automotive manufacturers and operates across major vehicle-producing regions, including Europe, the Americas and Asia. Its products are incorporated into vehicles produced by automakers worldwide, and the company works with vehicle manufacturers to develop safety systems for passenger cars and other vehicles.

The company’s roots trace to Sweden in 1953, and it has grown into an international automotive-safety business through organic development and acquisitions.