Aptiv PLC (NYSE:APTV) Receives Consensus Rating of “Moderate Buy” from Analysts

Aptiv PLC (NYSE:APTV) has been given a consensus rating of “Moderate Buy” by the twenty-four brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have given a buy rating and three have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $86.50.

A number of equities analysts have weighed in on APTV shares. Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Oppenheimer boosted their target price on Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Guggenheim reaffirmed a “buy” rating and set a $73.00 price target on shares of Aptiv in a report on Thursday, December 5th. Argus upgraded shares of Aptiv to a “strong-buy” rating in a report on Tuesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research note on Friday, February 7th.

Hedge Funds Weigh In On Aptiv

Several hedge funds have recently bought and sold shares of APTV. South Dakota Investment Council increased its stake in shares of Aptiv by 32.9% in the 4th quarter. South Dakota Investment Council now owns 128,954 shares of the auto parts company’s stock valued at $7,799,000 after purchasing an additional 31,941 shares during the last quarter. Proactive Wealth Strategies LLC acquired a new stake in Aptiv in the third quarter valued at about $1,815,000. Focus Financial Network Inc. bought a new position in Aptiv in the fourth quarter valued at about $379,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Aptiv by 73.6% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock worth $8,022,000 after acquiring an additional 47,215 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Aptiv in the third quarter worth about $14,893,000. 94.21% of the stock is owned by institutional investors.

Aptiv Price Performance

NYSE:APTV opened at $64.40 on Tuesday. The stock has a market capitalization of $14.78 billion, a PE ratio of 9.36, a P/E/G ratio of 0.62 and a beta of 1.78. Aptiv has a 1-year low of $51.47 and a 1-year high of $85.56. The firm has a fifty day simple moving average of $63.42 and a 200 day simple moving average of $63.66. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS 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%. On average, research analysts expect that Aptiv will post 7.2 EPS for the current fiscal year.

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.