Aptiv (APTV) Expected to Announce Quarterly Earnings on Thursday

Aptiv (NYSE:APTV) is expected to be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.63 per share for the quarter.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. The firm had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period last year, the firm posted $1.30 earnings per share. On average, analysts expect Aptiv to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Aptiv Trading Down 0.1 %

Shares of NYSE:APTV opened at $62.72 on Thursday. The company has a 50 day moving average price of $59.04 and a 200 day moving average price of $64.61. Aptiv has a 1-year low of $51.47 and a 1-year high of $88.89. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The stock has a market capitalization of $14.74 billion, a price-to-earnings ratio of 7.00, a PEG ratio of 0.56 and a beta of 1.75.

Analyst Upgrades and Downgrades

A number of research firms recently commented on APTV. Robert W. Baird raised shares of Aptiv from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $75.00 to $82.00 in a research note on Monday. Morgan Stanley decreased their price objective on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a research note on Thursday, November 14th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, November 1st. JPMorgan Chase & Co. raised their price objective on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, October 21st. Finally, Oppenheimer decreased their price objective on shares of Aptiv from $147.00 to $83.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.47.

About Aptiv

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.