Aptiv (NYSE:APTV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Aptiv (NYSE:APTV - Free Report) to a hold rating in a report published on Saturday morning.

Other analysts also recently issued research reports about the company. Bank of America raised their price objective on Aptiv from $80.00 to $85.00 and gave the stock a "buy" rating in a research report on Monday, June 16th. Robert W. Baird cut their target price on Aptiv from $84.00 to $65.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Guggenheim downgraded shares of Aptiv from a "buy" rating to a "neutral" rating in a research note on Wednesday, June 4th. Royal Bank Of Canada boosted their price target on shares of Aptiv from $60.00 to $77.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. Finally, UBS Group raised their price objective on shares of Aptiv from $58.00 to $66.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, Aptiv has a consensus rating of "Moderate Buy" and an average price target of $81.56.

Aptiv Stock Performance

Shares of APTV traded down $0.65 during mid-day trading on Friday, hitting $67.01. The company's stock had a trading volume of 6,297,116 shares, compared to its average volume of 3,473,247. The stock's 50-day moving average is $62.73 and its two-hundred day moving average is $61.72. The firm has a market capitalization of $14.59 billion, a PE ratio of 11.09, a price-to-earnings-growth ratio of 0.75 and a beta of 1.47. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.11 and a current ratio of 1.61. Aptiv has a one year low of $47.19 and a one year high of $80.95.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The auto parts company reported $1.69 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.14. Aptiv had a net margin of 7.93% and a return on equity of 17.24%. The firm had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the prior year, the firm earned $1.16 EPS. The business's revenue was down 1.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Aptiv will post 7.2 EPS for the current year.

Institutional Trading of Aptiv

Several large investors have recently made changes to their positions in APTV. Zions Bancorporation National Association UT acquired a new position in Aptiv during the 1st quarter worth about $26,000. 1248 Management LLC acquired a new position in shares of Aptiv during the first quarter worth approximately $28,000. Geneos Wealth Management Inc. grew its stake in shares of Aptiv by 452.3% during the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company's stock valued at $29,000 after purchasing an additional 398 shares during the last quarter. Picton Mahoney Asset Management acquired a new stake in shares of Aptiv in the fourth quarter valued at approximately $37,000. Finally, Mather Group LLC. raised its position in Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock worth $38,000 after purchasing an additional 385 shares during the last quarter. 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.