Susquehanna Bancshares set a $137.00 target price on Autoliv (NYSE:ALV) in a research report sent to investors on Wednesday morning. The firm currently has a hold rating on the auto parts company’s stock.
A number of other equities analysts have also recently issued reports on ALV. Guggenheim restated a hold rating and set a $135.00 price objective on shares of Autoliv in a report on Wednesday, January 10th. ValuEngine upgraded Autoliv from a hold rating to a buy rating in a report on Sunday, December 31st. Piper Jaffray Companies set a $124.00 price objective on Autoliv and gave the company a hold rating in a report on Friday, December 8th. Royal Bank of Canada boosted their price objective on Autoliv to $142.00 and gave the company a sector perform rating in a report on Wednesday, January 31st. Finally, Robert W. Baird restated a hold rating and set a $137.00 price objective on shares of Autoliv in a report on Tuesday, January 9th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $134.86.
Autoliv (NYSE:ALV) opened at $150.09 on Wednesday. The company has a market capitalization of $13,080.72, a P/E ratio of 30.95, a PEG ratio of 2.23 and a beta of 1.32. The company has a quick ratio of 1.26, a current ratio of 1.58 and a debt-to-equity ratio of 0.32. Autoliv has a 1-year low of $96.08 and a 1-year high of $152.57.
Autoliv (NYSE:ALV) last announced its earnings results on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.74 by $0.29. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.69 billion. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.71 EPS. research analysts forecast that Autoliv will post 7.36 earnings per share for the current year.
In other Autoliv news, insider Johan Lofvenholm sold 280 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total value of $40,124.00. Following the completion of the sale, the insider now directly owns 10,954 shares in the company, valued at approximately $1,569,708.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.25% of the stock is currently owned by corporate insiders.
Hedge funds have recently modified their holdings of the business. Strs Ohio lifted its holdings in shares of Autoliv by 13.1% in the 4th quarter. Strs Ohio now owns 13,429 shares of the auto parts company’s stock worth $1,706,000 after buying an additional 1,552 shares during the period. HCR Wealth Advisors purchased a new stake in shares of Autoliv in the 3rd quarter worth $424,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of Autoliv by 4.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 184,535 shares of the auto parts company’s stock worth $23,451,000 after buying an additional 8,561 shares during the period. FNY Partners Fund LP lifted its holdings in shares of Autoliv by 31.8% in the 3rd quarter. FNY Partners Fund LP now owns 10,616 shares of the auto parts company’s stock worth $1,312,000 after buying an additional 2,561 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Autoliv by 106.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,956 shares of the auto parts company’s stock worth $488,000 after buying an additional 2,036 shares during the period. Institutional investors and hedge funds own 35.53% of the company’s stock.
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Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.
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