Autoliv, Inc. (NYSE:ALV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $124.14.

A number of research analysts have recently commented on ALV shares. Robert W. Baird boosted their target price on shares of Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Monday. Wells Fargo & Company lowered their target price on shares of Autoliv from $102.00 to $101.00 and set an “equal weight” rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $116.00 price target on shares of Autoliv in a research report on Tuesday, September 10th. Evercore ISI lowered their price target on shares of Autoliv from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Monday, July 22nd. Finally, Citigroup decreased their target price on shares of Autoliv from $119.00 to $108.00 and set a “neutral” rating for the company in a research report on Monday, July 22nd.

Autoliv Stock Performance

Shares of ALV opened at $96.77 on Tuesday. The stock has a market cap of $7.87 billion, a P/E ratio of 15.10, a PEG ratio of 0.82 and a beta of 1.60. Autoliv has a 12-month low of $89.37 and a 12-month high of $129.38. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average of $96.58 and a two-hundred day moving average of $107.40.

Autoliv (NYSE:ALV) last released its earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). Autoliv had a net margin of 5.91% and a return on equity of 30.05%. The company had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the previous year, the firm posted $1.66 earnings per share. Autoliv’s revenue for the quarter was down 1.6% compared to the same quarter last year. As a group, research analysts predict that Autoliv will post 8.44 EPS for the current fiscal year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.72 annualized dividend and a yield of 2.81%. Autoliv’s dividend payout ratio (DPR) is currently 42.43%.

Hedge Funds Weigh In On Autoliv

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in shares of Autoliv by 62.7% during the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. Register Financial Advisors LLC acquired a new stake in shares of Autoliv in the first quarter valued at approximately $36,000. Quarry LP raised its position in Autoliv by 133.5% in the 2nd quarter. Quarry LP now owns 362 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 207 shares during the last quarter. Headlands Technologies LLC boosted its holdings in Autoliv by 427.6% in the first quarter. Headlands Technologies LLC now owns 823 shares of the auto parts company’s stock valued at $99,000 after acquiring an additional 667 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Autoliv by 244.4% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 837 shares of the auto parts company’s stock worth $101,000 after purchasing an additional 594 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors.

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.