Aptiv PLC (NYSE:APTV) Receives $82.50 Consensus Price Target from Analysts

Aptiv PLC (NYSE:APTV - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twenty-four analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and three have issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $82.50.

APTV has been the subject of a number of analyst reports. Robert W. Baird reduced their price target on Aptiv from $84.00 to $65.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Morgan Stanley reduced their price objective on Aptiv from $60.00 to $55.00 and set an "underweight" rating on the stock in a research note on Monday, May 19th. Evercore ISI reduced their target price 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. Piper Sandler set a $70.00 price target on Aptiv and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Finally, Wall Street Zen assumed coverage on shares of Aptiv in a research note on Thursday, May 22nd. They issued a "hold" rating on the stock.

Aptiv Trading Up 3.4%

Shares of NYSE:APTV traded up $2.23 during trading on Friday, reaching $68.29. 2,199,134 shares of the company traded hands, compared to its average volume of 3,509,238. Aptiv has a 52-week low of $47.19 and a 52-week high of $85.35. The firm has a market capitalization of $14.87 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 0.62 and a beta of 1.44. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The business's fifty day moving average is $58.76 and its 200-day moving average is $60.08.

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 (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.14. The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.78 billion. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Aptiv's quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the business earned $1.16 EPS. As a group, analysts forecast that Aptiv will post 7.2 EPS for the current year.

Insider Activity at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction on 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.45% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of APTV. Crossmark Global Holdings Inc. boosted its position in Aptiv by 5.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 11,826 shares of the auto parts company's stock worth $715,000 after purchasing an additional 624 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Aptiv by 44.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 37,289 shares of the auto parts company's stock worth $2,255,000 after buying an additional 11,469 shares during the last quarter. Dakota Wealth Management bought a new position in Aptiv during the 4th quarter worth approximately $596,000. Olstein Capital Management L.P. raised its holdings in Aptiv by 25.7% during the 4th quarter. Olstein Capital Management L.P. now owns 137,000 shares of the auto parts company's stock worth $8,286,000 after buying an additional 28,000 shares during the period. Finally, KBC Group NV boosted its position in Aptiv by 8.9% during the 4th quarter. KBC Group NV now owns 79,558 shares of the auto parts company's stock worth $4,812,000 after acquiring an additional 6,488 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Company Profile

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.