Aptiv PLC (NYSE:APTV) Given Consensus Rating of “Moderate Buy” by Analysts

Aptiv PLC (NYSE:APTV) has been given a consensus recommendation of “Moderate Buy” by the twenty-four analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, sixteen have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $85.61.

APTV has been the subject of several research analyst reports. Evercore ISI decreased their price target on shares of Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday. Guggenheim reissued a “buy” rating and issued a $73.00 target price on shares of Aptiv in a research report on Thursday, December 5th. Raymond James restated a “market perform” rating on shares of Aptiv in a research note on Monday, February 3rd. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a research note on Friday, February 7th. Finally, Barclays boosted their price objective on Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, February 7th.

Aptiv Price Performance

APTV stock opened at $66.46 on Friday. The company has a market capitalization of $15.62 billion, a P/E ratio of 9.66, a price-to-earnings-growth ratio of 0.54 and a beta of 1.74. Aptiv has a 52-week low of $51.47 and a 52-week high of $85.56. The business has a 50-day simple moving average of $60.75 and a two-hundred day simple moving average of $64.10. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.53.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Research analysts expect that Aptiv will post 7.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA increased its position in shares of Aptiv by 11.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 14,289,126 shares of the auto parts company’s stock valued at $864,206,000 after buying an additional 1,517,104 shares during the period. FMR LLC grew its holdings in shares of Aptiv by 1.7% during the 4th quarter. FMR LLC now owns 7,775,251 shares of the auto parts company’s stock worth $470,247,000 after acquiring an additional 126,882 shares during the period. Franklin Resources Inc. raised its position in shares of Aptiv by 29.7% in the 4th quarter. Franklin Resources Inc. now owns 6,146,947 shares of the auto parts company’s stock worth $371,767,000 after acquiring an additional 1,408,433 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Aptiv by 1,390.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock valued at $386,103,000 after purchasing an additional 5,002,090 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Aptiv by 6.1% during the fourth quarter. Victory Capital Management Inc. now owns 3,882,254 shares of the auto parts company’s stock valued at $234,799,000 after purchasing an additional 223,831 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

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.