Aptiv PLC (NYSE:APTV) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Aptiv PLC (NYSE:APTV - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twenty-four ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have assigned a buy rating and three have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $81.50.

Several equities research analysts have commented on APTV shares. Baird R W raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Barclays reaffirmed an "equal weight" rating and set a $55.00 price objective (down from $80.00) on shares of Aptiv in a report on Tuesday, April 15th. Evercore ISI decreased their price target on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Argus raised shares of Aptiv to a "strong-buy" rating in a research note on Tuesday, February 11th. Finally, Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th.

Insider Activity

In other news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction dated Monday, March 10th. The stock was 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. The trade was a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.45% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. South Dakota Investment Council raised its position in Aptiv by 32.9% in the 4th quarter. South Dakota Investment Council now owns 128,954 shares of the auto parts company's stock worth $7,799,000 after purchasing an additional 31,941 shares during the period. Focus Financial Network Inc. purchased a new position in shares of Aptiv during the 4th quarter valued at about $379,000. Shorepath Capital Management LLC grew its holdings in Aptiv by 21.8% in the fourth quarter. Shorepath Capital Management LLC now owns 66,104 shares of the auto parts company's stock valued at $3,998,000 after purchasing an additional 11,835 shares during the period. Diametric Capital LP purchased a new stake in shares of Aptiv in the fourth quarter valued at approximately $972,000. Finally, abrdn plc acquired a new stake in shares of Aptiv during the fourth quarter valued at about $30,374,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Price Performance

Shares of NYSE APTV traded up $2.03 during midday trading on Wednesday, reaching $58.99. 2,463,019 shares of the company were exchanged, compared to its average volume of 3,511,607. The stock's 50-day moving average price is $58.45 and its 200-day moving average price is $60.05. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. Aptiv has a one year low of $47.19 and a one year high of $85.56. The stock has a market cap of $13.54 billion, a P/E ratio of 8.57, a PEG ratio of 0.62 and a beta of 1.64.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The auto parts company reported $1.69 EPS for the quarter, beating analysts' consensus estimates of $1.55 by $0.14. The business 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.16 EPS. On average, sell-side analysts anticipate that Aptiv will post 7.2 earnings per share for the current fiscal year.

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.