Aptiv (NYSE:APTV) Releases Quarterly Earnings Results, Beats Expectations By $0.14 EPS

Aptiv (NYSE:APTV - Get Free Report) issued its quarterly earnings data on Thursday, May 1st. The auto parts company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.14, Zacks reports. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. The firm had revenue of $4.83 billion for the quarter, compared to analysts' expectations of $4.78 billion. During the same period in the prior year, the firm earned $1.16 earnings per share. The company's quarterly revenue was down 1.6% compared to the same quarter last year. Aptiv updated its FY 2025 guidance to 7.000-7.600 EPS and its Q2 2025 guidance to 1.700-1.900 EPS.

Aptiv Stock Up 3.7 %

NYSE:APTV traded up $2.18 on Thursday, hitting $61.10. 1,955,558 shares of the company's stock were exchanged, compared to its average volume of 3,483,419. The firm has a 50-day moving average price of $58.03 and a 200-day moving average price of $59.80. Aptiv has a 52 week low of $47.19 and a 52 week high of $85.35. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The company has a market cap of $13.30 billion, a P/E ratio of 8.88, a price-to-earnings-growth ratio of 0.62 and a beta of 1.44.

Analyst Upgrades and Downgrades

A number of brokerages have commented on APTV. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective on the stock in a report on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Robert W. Baird cut their price target on Aptiv from $84.00 to $65.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Argus upgraded Aptiv to a "strong-buy" rating in a research report on Tuesday, February 11th. Finally, Evercore ISI cut their target price on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $82.06.

Insider Activity at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the sale, the senior vice president now directly owns 125,237 shares of the company's stock, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.45% of the stock is owned by company insiders.

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.