Autoliv (ALV) Set to Announce Earnings on Friday

Autoliv (NYSE:ALV) is scheduled to be announcing its earnings results before the market opens on Friday, October 18th. Analysts expect the company to announce earnings of $2.41 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, July 19th. The auto parts company reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). Autoliv had a return on equity of 30.05% and a net margin of 5.91%. The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the company earned $1.93 earnings per share. The firm’s revenue was down 1.1% on a year-over-year basis. On average, analysts expect Autoliv to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Trading Down 1.1 %

Shares of ALV opened at $94.15 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.73 and a current ratio of 0.98. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.68 and a beta of 1.60. The stock has a fifty day moving average price of $96.60 and a two-hundred day moving average price of $108.79. Autoliv has a 52-week low of $89.37 and a 52-week high of $129.38.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Wednesday, September 4th were issued a $0.68 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.89%. Autoliv’s dividend payout ratio is 42.43%.

Analyst Upgrades and Downgrades

ALV has been the subject of several research reports. Hsbc Global Res upgraded shares of Autoliv to a “strong-buy” rating in a research report on Monday, July 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $116.00 price target on shares of Autoliv in a report on Tuesday, September 10th. Wolfe Research initiated coverage on Autoliv in a report on Thursday, September 5th. They set an “outperform” rating and a $120.00 price objective on the stock. Barclays decreased their price objective on Autoliv from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Monday, July 22nd. Finally, Robert W. Baird dropped their target price on Autoliv from $128.00 to $111.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Autoliv presently has an average rating of “Moderate Buy” and a consensus price target of $124.79.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.