Autoliv, Inc. (NYSE:ALV) Receives $135.93 Consensus Price Target from Analysts

Shares of Autoliv, Inc. (NYSE:ALV) have earned a consensus rating of “Moderate Buy” from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $135.9333.

A number of equities analysts have recently issued reports on ALV shares. Royal Bank Of Canada cut their price target on shares of Autoliv from $148.00 to $147.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Jefferies Financial Group raised shares of Autoliv to a “hold” rating in a report on Monday, June 15th. Bank of America initiated coverage on shares of Autoliv in a research report on Thursday, April 16th. They set a “buy” rating and a $140.00 target price on the stock. TD Cowen dropped their target price on shares of Autoliv from $150.00 to $148.00 and set a “buy” rating for the company in a report on Monday, July 20th. Finally, Robert W. Baird lifted their price target on shares of Autoliv from $119.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, April 20th.

Insider Buying and Selling at Autoliv

In related news, Director Jan Carlson sold 19,607 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $130.00, for a total value of $2,548,910.00. Following the completion of the transaction, the director directly owned 60,000 shares of the company’s stock, valued at $7,800,000. This trade represents a 24.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.34% of the stock is currently owned by corporate insiders.

Institutional Trading of Autoliv

Several large investors have recently bought and sold shares of ALV. IFP Advisors Inc increased its holdings in Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after acquiring an additional 107 shares in the last quarter. Torren Management LLC acquired a new position in Autoliv during the fourth quarter worth about $25,000. Parkside Financial Bank & Trust lifted its holdings in shares of Autoliv by 863.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 190 shares in the last quarter. Quarry LP purchased a new stake in shares of Autoliv in the third quarter valued at about $36,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Autoliv in the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Trading Down 1.1%

Shares of ALV stock opened at $123.23 on Monday. The business’s fifty day moving average price is $121.94 and its 200 day moving average price is $118.35. Autoliv has a 1-year low of $99.16 and a 1-year high of $132.17. The firm has a market capitalization of $9.03 billion, a PE ratio of 14.51, a P/E/G ratio of 0.99 and a beta of 1.34. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.03 and a quick ratio of 0.79.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.46 by ($0.03). The business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a return on equity of 29.36% and a net margin of 5.79%.The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.21 EPS. As a group, sell-side analysts forecast that Autoliv will post 10.11 EPS for the current fiscal year.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.