Aptiv (NYSE:APTV) Sets New 12-Month High - Time to Buy?

Key Points

• Aptiv's stock recently reached a new 52-week high at $84.98, closing at $82.93 with an average target price of $85.53 among analysts.
• Multiple analysts have upgraded their ratings on Aptiv, with Bank of America raising its target price to $95.00 and Barclays to $105.00, while Piper Sandler maintains a neutral rating at $70.00.
• Aptiv's recent earnings report showed an EPS of $2.12, exceeding estimates, alongside a revenue of $5.21 billion, marking a 3.1% year-over-year increase.

Aptiv PLC (NYSE:APTV - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $84.98 and last traded at $82.93, with a volume of 1048 shares changing hands. The stock had previously closed at $83.12.

Analysts Set New Price Targets

A number of research firms recently commented on APTV. UBS Group upped their price target on shares of Aptiv from $66.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Wells Fargo & Company upped their price target on shares of Aptiv from $89.00 to $103.00 and gave the company an "overweight" rating in a report on Tuesday, September 9th. Barclays upgraded shares of Aptiv from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $85.00 to $105.00 in a report on Friday, September 12th. Royal Bank Of Canada upped their price target on shares of Aptiv from $85.00 to $92.00 and gave the company an "outperform" rating in a report on Tuesday, August 5th. Finally, Morgan Stanley upped their price objective on shares of Aptiv from $55.00 to $60.00 and gave the stock an "underweight" rating in a report on Tuesday, August 12th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.53.

Aptiv Stock Down 0.1%

The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. The stock has a market cap of $18.57 billion, a P/E ratio of 19.52, a PEG ratio of 0.95 and a beta of 1.48. The company's 50 day moving average price is $74.76 and its two-hundred day moving average price is $67.00.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The business had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the previous year, the firm earned $1.58 earnings per share. The company's revenue for the quarter was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Equities analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Institutional Investors Weigh In On Aptiv

Institutional investors and hedge funds have recently modified their holdings of the stock. Woodline Partners LP bought a new stake in Aptiv in the fourth quarter worth $854,000. GTS Securities LLC increased its position in Aptiv by 224.8% in the fourth quarter. GTS Securities LLC now owns 7,769 shares of the auto parts company's stock worth $470,000 after purchasing an additional 13,993 shares during the last quarter. Formidable Asset Management LLC bought a new stake in Aptiv in the fourth quarter worth $460,000. Mackenzie Financial Corp increased its position in Aptiv by 0.7% in the fourth quarter. Mackenzie Financial Corp now owns 98,241 shares of the auto parts company's stock worth $5,942,000 after purchasing an additional 666 shares during the last quarter. Finally, Polar Asset Management Partners Inc. bought a new stake in Aptiv in the fourth quarter worth $2,891,000. 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.