Autoliv, Inc. (NYSE:ALV) Given Average Recommendation of “Hold” by Analysts

Autoliv, Inc. (NYSE:ALVGet Rating) has earned an average rating of “Hold” from the eighteen brokerages that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $94.69.

Several analysts have commented on the stock. Royal Bank of Canada lowered their price objective on shares of Autoliv from $116.00 to $97.00 and set an “outperform” rating for the company in a report on Monday, April 25th. Zacks Investment Research lowered shares of Autoliv from a “hold” rating to a “strong sell” rating and set a $65.00 price objective for the company. in a report on Tuesday, April 5th. Jefferies Financial Group lowered their target price on shares of Autoliv from $121.00 to $108.00 and set a “buy” rating for the company in a report on Tuesday, March 15th. Robert W. Baird lowered their target price on shares of Autoliv from $88.00 to $77.00 in a report on Monday, April 25th. Finally, Barclays lowered their target price on shares of Autoliv from $115.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, April 7th.

Shares of ALV opened at $72.23 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.28 and a quick ratio of 0.98. Autoliv has a one year low of $69.96 and a one year high of $110.59. The company has a 50-day simple moving average of $75.81 and a two-hundred day simple moving average of $91.87. The firm has a market capitalization of $6.31 billion, a PE ratio of 17.53 and a beta of 1.67.

Autoliv (NYSE:ALVGet Rating) last issued its quarterly earnings data on Friday, April 22nd. The auto parts company reported $0.45 EPS for the quarter, missing the consensus estimate of $1.45 by ($1.00). Autoliv had a return on equity of 12.30% and a net margin of 4.46%. The company had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter last year, the business earned $1.79 earnings per share. The business’s quarterly revenue was down 5.3% on a year-over-year basis. Analysts expect that Autoliv will post 4.37 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 23rd. Investors of record on Tuesday, March 8th were given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend was Monday, March 7th. Autoliv’s dividend payout ratio (DPR) is currently 62.14%.

In other Autoliv news, insider Mikael Bratt sold 935 shares of Autoliv stock in a transaction that occurred on Wednesday, February 23rd. The shares were sold at an average price of $97.33, for a total value of $91,003.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Fredrik Westin sold 1,060 shares of Autoliv stock in a transaction that occurred on Monday, March 7th. The stock was sold at an average price of $75.38, for a total transaction of $79,902.80. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of ALV. National Bank of Canada FI purchased a new position in shares of Autoliv during the 4th quarter worth $26,000. Cyrus J. Lawrence LLC purchased a new position in shares of Autoliv during the 1st quarter worth $26,000. IndexIQ Advisors LLC purchased a new position in shares of Autoliv during the 4th quarter worth $28,000. Dixon Hughes Goodman Wealth Advisors LLC purchased a new position in shares of Autoliv during the 1st quarter worth $31,000. Finally, Quadrant Capital Group LLC boosted its stake in shares of Autoliv by 161.6% during the 4th quarter. Quadrant Capital Group LLC now owns 518 shares of the auto parts company’s stock worth $54,000 after acquiring an additional 320 shares during the last quarter. Institutional investors and hedge funds own 62.02% of the company’s stock.

Autoliv Company Profile (Get Rating)

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, inflator technologies, and battery cut-off switches, as well as anti-whiplash systems and pedestrian protection systems, and connected safety services and solutions for riders of powered two wheelers.

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Analyst Recommendations for Autoliv (NYSE:ALV)

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