Royal Bank Of Canada Forecasts Strong Price Appreciation for Aptiv (NYSE:APTV) Stock

Key Points

• Royal Bank of Canada has raised its price target for Aptiv (NYSE: APTV) stock from $92.00 to $101.00, indicating a potential upside of 19.64% from the current price.
• Aptiv recently reported earnings of $2.12 EPS for the last quarter, surpassing expectations and indicating a year-over-year revenue increase of 3.1%.
• Multiple brokerages have issued positive ratings on Aptiv, with three analysts recommending a Strong Buy and a consensus average target price of $90.88.

Aptiv (NYSE:APTV - Get Free Report) had its price target boosted by analysts at Royal Bank Of Canada from $92.00 to $101.00 in a research note issued on Friday,MarketScreener reports. The firm currently has an "outperform" rating on the auto parts company's stock. Royal Bank Of Canada's target price would indicate a potential upside of 19.64% from the company's current price.

Several other brokerages have also recently issued reports on APTV. Wall Street Zen raised shares of Aptiv from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, September 23rd. Daiwa Capital Markets boosted their price objective on shares of Aptiv from $79.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, October 1st. TD Cowen boosted their price objective on shares of Aptiv from $94.00 to $104.00 and gave the company a "buy" rating in a research note on Thursday. Citigroup began coverage on shares of Aptiv in a research note on Friday. They issued a "buy" rating and a $109.00 price objective on the stock. Finally, Oppenheimer boosted their price objective on shares of Aptiv from $88.00 to $92.00 and gave the company an "outperform" rating in a research note on Thursday, September 11th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $90.88.

Aptiv Stock Up 2.1%

APTV stock opened at $84.42 on Friday. The company has a fifty day moving average price of $79.32 and a 200 day moving average price of $69.13. Aptiv has a 12 month low of $47.19 and a 12 month high of $88.80. The company has a market cap of $18.38 billion, a price-to-earnings ratio of 19.23, a price-to-earnings-growth ratio of 0.94 and a beta of 1.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The firm had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. Aptiv's revenue for the quarter was up 3.1% on a year-over-year basis. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. Sell-side analysts expect that Aptiv will post 7.2 earnings per share for the current year.

Insider Buying and Selling at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the company's stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares of the company's stock, valued at $4,234,700. This represents a 1.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.45% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Aptiv

A number of large investors have recently added to or reduced their stakes in APTV. UMB Bank n.a. acquired a new stake in Aptiv in the 1st quarter valued at about $48,000. Park Avenue Securities LLC acquired a new stake in Aptiv in the 1st quarter valued at about $397,000. Farther Finance Advisors LLC grew its stake in Aptiv by 139.7% in the 1st quarter. Farther Finance Advisors LLC now owns 2,558 shares of the auto parts company's stock valued at $151,000 after acquiring an additional 1,491 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in Aptiv in the 1st quarter valued at about $202,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Aptiv in the 1st quarter valued at about $298,000. 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.

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