Autoliv (ALV) Set to Announce Quarterly Earnings on Friday

Autoliv (NYSE:ALV) is scheduled to announce its earnings results before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $1.43 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.37. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The firm had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.75 billion. During the same period in the previous year, the company earned $1.83 EPS. The company’s revenue for the quarter was up 17.8% on a year-over-year basis. On average, analysts expect Autoliv to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Stock Up 0.6 %

ALV opened at $117.99 on Wednesday. The business has a 50 day moving average price of $117.08 and a 200 day moving average price of $107.46. Autoliv has a twelve month low of $79.66 and a twelve month high of $124.38. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.73 and a current ratio of 0.98. The firm has a market cap of $9.61 billion, a P/E ratio of 20.52, a price-to-earnings-growth ratio of 0.76 and a beta of 1.72.

Autoliv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 12th were given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s dividend payout ratio is currently 47.30%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Wolfe Research downgraded Autoliv from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 4th. JPMorgan Chase & Co. lifted their price target on Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a research report on Monday. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday, January 20th. Berenberg Bank raised Autoliv from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a research report on Friday, January 12th. Finally, Barclays lifted their price target on Autoliv from $107.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Autoliv currently has a consensus rating of “Hold” and an average price target of $117.82.

Insider Activity

In other Autoliv news, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total value of $463,676.72. Following the sale, the chief executive officer now directly owns 17,547 shares in the company, valued at $1,925,256.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Autoliv news, VP Mikael Hagstrom sold 327 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.69, for a total value of $35,868.63. Following the sale, the vice president now directly owns 327 shares in the company, valued at $35,868.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Mikael Bratt sold 4,226 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total value of $463,676.72. Following the completion of the sale, the chief executive officer now owns 17,547 shares in the company, valued at $1,925,256.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,388 shares of company stock worth $921,757. Company insiders own 0.24% of the company’s stock.

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.