Aptiv (NYSE:APTV) Now Covered by StockNews.com

StockNews.com began coverage on shares of Aptiv (NYSE:APTV - Free Report) in a report published on Wednesday morning. The firm issued a hold rating on the auto parts company's stock.

Several other analysts have also weighed in on APTV. Guggenheim lowered their price objective on Aptiv from $75.00 to $64.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Oppenheimer upped their target price on Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Baird R W upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. UBS Group boosted their price objective on Aptiv from $58.00 to $66.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Finally, Evercore ISI reduced their price objective on Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $82.06.

Aptiv Stock Up 0.2%

Shares of NYSE:APTV traded up $0.11 during trading on Wednesday, hitting $68.21. The company's stock had a trading volume of 1,765,220 shares, compared to its average volume of 3,515,606. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. Aptiv has a fifty-two week low of $47.19 and a fifty-two week high of $85.35. The stock's 50-day moving average price is $58.30 and its two-hundred day moving average price is $59.65. The company has a market capitalization of $14.85 billion, a PE ratio of 9.91, a PEG ratio of 0.62 and a beta of 1.44.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The auto parts company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.14. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.78 billion. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Aptiv's quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.16 earnings per share. As a group, sell-side analysts expect that Aptiv will post 7.2 EPS for the current year.

Insider Buying and Selling at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares in the company, valued at approximately $8,203,023.50. This represents a 10.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.45% of the stock is currently owned by corporate insiders.

Institutional Trading of Aptiv

A number of hedge funds have recently modified their holdings of APTV. Zions Bancorporation National Association UT purchased a new stake in shares of Aptiv in the first quarter valued at $26,000. 1248 Management LLC purchased a new stake in shares of Aptiv in the first quarter valued at $28,000. Picton Mahoney Asset Management purchased a new stake in shares of Aptiv in the fourth quarter valued at $37,000. Mather Group LLC. lifted its holdings in shares of Aptiv by 155.2% in the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock valued at $38,000 after purchasing an additional 385 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of Aptiv in the first quarter valued at $39,000. Hedge funds and other institutional investors own 94.21% of the company's stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.