Autoliv, Inc. (NYSE:ALV) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on Autoliv, with eight buy ratings and five holds among 13 analysts. The average 12-month price target is $135.93, above the reported share price of $123.04.
• Autoliv’s latest quarterly revenue rose 3.3% year over year to $2.80 billion, exceeding estimates, while EPS of $2.43 narrowly missed consensus by $0.03.
• The company declared a quarterly dividend of $0.87 per share, equivalent to $3.48 annually and a 2.8% yield; the payout ratio is 40.99%.

Shares of Autoliv, Inc. (NYSE:ALV - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the thirteen analysts that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $135.9333.

Several equities research analysts recently weighed in on ALV shares. TD Cowen decreased their price objective on Autoliv from $150.00 to $148.00 and set a "buy" rating for the company in a report on Monday, July 20th. Weiss Ratings downgraded shares of Autoliv from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, July 20th. Royal Bank Of Canada cut their target price on shares of Autoliv from $148.00 to $147.00 and set an "outperform" rating for the company in a research report on Monday, July 20th. Jefferies Financial Group upgraded shares of Autoliv to a "hold" rating in a research note on Monday, June 15th. Finally, Wells Fargo & Company boosted their price target on shares of Autoliv from $116.00 to $122.00 and gave the company an "equal weight" rating in a research report on Thursday, June 25th.

Autoliv Stock Performance

NYSE:ALV opened at $123.04 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.03 and a quick ratio of 0.79. The business has a fifty day simple moving average of $120.58 and a two-hundred day simple moving average of $118.02. Autoliv has a 1 year low of $99.16 and a 1 year high of $132.17. The company has a market capitalization of $9.01 billion, a P/E ratio of 14.49, a P/E/G ratio of 0.99 and a beta of 1.34.

Autoliv (NYSE:ALV - Get Free Report) last issued its earnings results 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 during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the previous year, the firm earned $2.21 earnings per share. The business's quarterly revenue was up 3.3% compared to the same quarter last year. On average, analysts expect that Autoliv will post 10.04 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, August 28th. Autoliv's payout ratio is currently 40.99%.

Insiders Place Their Bets

In other Autoliv news, Director Jan Carlson sold 19,607 shares of the business's stock in a transaction on Friday, June 12th. The shares were sold at an average price of $130.00, for a total transaction of $2,548,910.00. Following the sale, the director owned 60,000 shares of the company's stock, valued at $7,800,000. The trade was a 24.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.34% of the company's stock.

Hedge Funds Weigh In On Autoliv

A number of large investors have recently made changes to their positions in the stock. Torren Management LLC purchased a new position in shares of Autoliv in the fourth quarter valued at $25,000. IFP Advisors Inc lifted its holdings in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company's stock worth $25,000 after purchasing an additional 107 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Autoliv by 863.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company's stock worth $25,000 after purchasing an additional 190 shares in the last quarter. Quarry LP bought a new position in Autoliv in the 3rd quarter worth about $36,000. Finally, Johnson Financial Group Inc. bought a new position in Autoliv in the 3rd quarter worth about $37,000. 69.57% of the stock is owned by institutional investors.

Autoliv Company Profile

Autoliv Inc NYSE: ALV is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux's automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.

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