Autoliv (ALV) Projected to Post Quarterly Earnings on Friday

Autoliv (NYSE:ALV) is expected to be issuing its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $2.84 per share and revenue of $2,715,127.66 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Autoliv Stock Performance

Shares of ALV opened at $100.75 on Friday. Autoliv has a 12 month low of $89.51 and a 12 month high of $129.38. The stock has a fifty day moving average price of $96.22 and a 200-day moving average price of $97.35. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.69. The firm has a market cap of $7.83 billion, a PE ratio of 13.12, a P/E/G ratio of 0.73 and a beta of 1.59.

Autoliv Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.78%. The ex-dividend date was Tuesday, December 3rd. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s dividend payout ratio is currently 36.46%.

Wall Street Analysts Forecast Growth

ALV has been the subject of several analyst reports. Robert W. Baird increased their price objective on Autoliv from $103.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, October 21st. Wells Fargo & Company cut their target price on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research report on Thursday. Bank of America cut their target price on Autoliv from $137.00 to $134.00 and set a “buy” rating on the stock in a research report on Thursday, October 3rd. Finally, Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price on the stock in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $121.62.

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.