Autoliv, Inc. (ALV) - What Are Researchers Saying About This Stock?

Key Points

• Analysts hold a moderately bullish view: Six of 12 analysts rate Autoliv a buy and six recommend holding, producing a “Moderate Buy” consensus with an average 12-month price target of $134.85.
• Institutional ownership remains high at 69.57%, with several investment firms increasing their positions. Shares recently opened at $116.06, below the average analyst target.
• Autoliv reported quarterly revenue of $2.80 billion, up 3.3% year over year, though EPS of $2.43 slightly missed estimates. The company also pays a quarterly dividend of $0.87 per share, implying a 3.0% annual yield.

Shares of Autoliv, Inc. (NYSE:ALV - Get Free Report) have been given an average rating of "Moderate Buy" by the twelve research firms that are currently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $134.85.

Several brokerages have recently issued reports on ALV. Wall Street Zen downgraded shares of Autoliv from a "buy" rating to a "hold" rating in a report on Saturday, July 4th. Wells Fargo & Company increased their price objective on shares of Autoliv from $116.00 to $122.00 and gave the stock an "equal weight" rating in a report on Thursday, June 25th. Royal Bank Of Canada cut their price objective on shares of Autoliv from $147.00 to $146.00 and set an "outperform" rating on the stock in a research report on Monday, October 12th. Wolfe Research downgraded shares of Autoliv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, September 23rd. Finally, Weiss Ratings raised shares of Autoliv from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, September 24th.

Institutional Trading of Autoliv

A number of hedge funds and other institutional investors have recently modified their holdings of the company. James T. Borello RIA boosted its stake in shares of Autoliv by 0.7% during the 3rd quarter. James T. Borello RIA now owns 13,746 shares of the auto parts company's stock worth $1,538,000 after acquiring an additional 100 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Autoliv by 14.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,132 shares of the auto parts company's stock worth $127,000 after acquiring an additional 144 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Autoliv by 21.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,590 shares of the auto parts company's stock worth $1,579,000 after purchasing an additional 2,429 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Autoliv by 16.1% during the second quarter. Sequoia Financial Advisors LLC now owns 4,333 shares of the auto parts company's stock worth $503,000 after purchasing an additional 600 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Autoliv during the second quarter valued at $69,000. Institutional investors own 69.57% of the company's stock.

Autoliv Stock Up 0.1%

Shares of NYSE:ALV opened at $116.06 on Friday. The firm has a market cap of $8.50 billion, a PE ratio of 13.67, a price-to-earnings-growth ratio of 0.92 and a beta of 1.39. The company has a fifty day simple moving average of $118.26 and a 200 day simple moving average of $118.73. The company has a current ratio of 1.03, a quick ratio of 0.79 and a debt-to-equity ratio of 0.67. Autoliv has a 12-month low of $99.16 and a 12-month high of $132.17.

Autoliv (NYSE:ALV - Get Free Report) last announced its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.46 by ($0.03). Autoliv had a net margin of 5.79% and a return on equity of 29.36%. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the previous year, the company earned $2.21 EPS. The company's quarterly revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts anticipate that Autoliv will post 10.04 EPS for the current fiscal year.

Autoliv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th were given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, August 28th. Autoliv's payout ratio is 40.99%.

Autoliv Company Profile

Autoliv, Inc NYSE: ALV is a Swedish-American automotive safety supplier that develops and manufactures systems designed to protect vehicle occupants and other road users. Its products include airbags, seat belts, steering wheels, inflators, restraint systems and related safety components used by automobile manufacturers worldwide.

The company serves global automakers and operates engineering, manufacturing and technical centers across major automotive markets in Europe, the Americas and Asia.

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