Autoliv (NYSE:ALV)‘s stock had its “neutral” rating reaffirmed by research analysts at Goldman Sachs Group in a research report issued on Friday, Stock Target Advisor reports. They currently have a $225.00 price objective on the auto parts company’s stock. Goldman Sachs Group’s price objective indicates a potential upside of 160.69% from the stock’s current price.
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Other research analysts have also recently issued research reports about the stock. ValuEngine raised shares of Autoliv from a “sell” rating to a “hold” rating in a research report on Tuesday, October 29th. Buckingham Research upped their target price on shares of Autoliv from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, October 28th. Barclays reaffirmed a “buy” rating and issued a $228.00 target price on shares of Autoliv in a research report on Thursday, October 24th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $234.00 target price on shares of Autoliv in a research report on Friday. Finally, Royal Bank of Canada reaffirmed a “sell” rating and issued a $200.00 target price on shares of Autoliv in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $148.92.
NYSE ALV traded up $0.36 during trading hours on Friday, reaching $86.31. The company had a trading volume of 184,192 shares, compared to its average volume of 613,501. The stock has a 50-day moving average of $79.35 and a 200 day moving average of $72.65. Autoliv has a 1-year low of $61.07 and a 1-year high of $91.00. The company has a current ratio of 1.26, a quick ratio of 0.94 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $7.38 billion, a P/E ratio of 12.64, a price-to-earnings-growth ratio of 1.92 and a beta of 1.50.
Autoliv (NYSE:ALV) last posted its earnings results on Friday, October 25th. The auto parts company reported $1.30 EPS for the quarter, missing the Zacks’ consensus estimate of $1.38 by ($0.08). Autoliv had a net margin of 2.51% and a return on equity of 23.42%. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the previous year, the company earned $1.35 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts predict that Autoliv will post 5.65 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of ALV. Rockefeller Capital Management L.P. acquired a new stake in shares of Autoliv during the second quarter worth about $30,000. Financial Gravity Wealth Inc. lifted its position in shares of Autoliv by 495.4% during the second quarter. Financial Gravity Wealth Inc. now owns 774 shares of the auto parts company’s stock worth $55,000 after purchasing an additional 644 shares in the last quarter. HM Payson & Co. acquired a new stake in shares of Autoliv during the second quarter worth about $143,000. Mirova acquired a new stake in shares of Autoliv during the second quarter worth about $160,000. Finally, NumerixS Investment Technologies Inc acquired a new stake in shares of Autoliv during the second quarter worth about $176,000. 37.88% of the stock is currently owned by institutional investors and hedge funds.
Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.
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