Aptiv (APTV) Expected to Announce Quarterly Earnings on Wednesday

Aptiv (NYSE:APTV) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $1.85 per share and revenue of $4,868,720.00 billion for the quarter. Aptiv has set its FY 2024 guidance at 6.000-6.300 EPS and its FY24 guidance at $6.00-6.30 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

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

Aptiv Trading Up 1.0 %

NYSE APTV opened at $61.77 on Wednesday. Aptiv has a 52 week low of $51.47 and a 52 week high of $88.89. The stock has a market capitalization of $14.52 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 0.54 and a beta of 1.75. 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’s 50 day moving average price is $57.95 and its two-hundred day moving average price is $64.92.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on APTV shares. Wells Fargo & Company dropped their price objective on Aptiv from $74.00 to $70.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft decreased their target price on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, November 1st. JPMorgan Chase & Co. boosted their target price on Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Fox Advisors lowered Aptiv from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 1st. Finally, Royal Bank of Canada decreased their target price on Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.29.

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.