Aptiv (NYSE:APTV) Sets New 52-Week High - Time to Buy?

Key Points

• Aptiv's shares reached a new 52-week high of $78.73, with notable trading volume of 176,980 shares.
• Several analysts have recently adjusted their ratings and price targets for Aptiv, with JPMorgan increasing their target from $85.00 to $90.00, while Wolfe Research downgraded their rating from "outperform" to "peer perform."
• Aptiv reported quarterly earnings that beat analyst expectations with earnings per share of $2.12 and revenue of $5.21 billion, marking a 3.1% increase compared to the same quarter last year.

Shares of Aptiv PLC (NYSE:APTV - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $78.72 and last traded at $78.73, with a volume of 176980 shares. The stock had previously closed at $78.43.

Analyst Ratings Changes

Several research analysts have recently weighed in on APTV shares. JPMorgan Chase & Co. increased their price target on Aptiv from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Wolfe Research cut Aptiv from an "outperform" rating to a "peer perform" rating in a report on Wednesday, July 2nd. Guggenheim cut Aptiv from a "buy" rating to a "neutral" rating in a report on Wednesday, June 4th. Robert W. Baird set a $82.00 price objective on Aptiv and gave the stock an "outperform" rating in a report on Friday, July 11th. Finally, UBS Group increased their price objective on Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of "Moderate Buy" and an average price target of $81.81.

Aptiv Trading Up 0.1%

The company has a market capitalization of $17.09 billion, a PE ratio of 17.97, a PEG ratio of 0.88 and a beta of 1.48. 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 fifty day moving average of $69.94 and a two-hundred day moving average of $64.80.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The auto parts company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.29. The company had revenue of $5.21 billion for the quarter, compared to analysts' expectations of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.Aptiv's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.58 EPS. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. As a group, sell-side analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Aptiv

Institutional investors and hedge funds have recently bought and sold shares of the stock. True Wealth Design LLC grew its position in Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company's stock worth $27,000 after acquiring an additional 181 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in Aptiv during the 1st quarter worth approximately $26,000. 1248 Management LLC bought a new position in Aptiv during the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. grew its position in Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock worth $29,000 after acquiring an additional 398 shares during the last quarter. Finally, Allworth Financial LP grew its position in Aptiv by 175.9% during the 2nd quarter. Allworth Financial LP now owns 560 shares of the auto parts company's stock worth $38,000 after acquiring an additional 357 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

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.

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