Aptiv (NYSE:APTV) Stock Rating Upgraded by StockNews.com

Aptiv (NYSE:APTVGet Rating) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Several other research firms have also recently commented on APTV. Citigroup lowered their price target on shares of Aptiv from $206.00 to $181.00 in a report on Tuesday, April 5th. Bank of America upgraded shares of Aptiv from an “underperform” rating to a “buy” rating and upped their target price for the company from $125.00 to $165.00 in a report on Wednesday, April 6th. Cowen lowered their target price on shares of Aptiv from $150.00 to $144.00 in a report on Friday, May 6th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Aptiv from $140.00 to $137.00 in a report on Monday, May 9th. Finally, Royal Bank of Canada lowered their target price on shares of Aptiv from $190.00 to $170.00 in a report on Friday, February 4th. Two analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, Aptiv currently has a consensus rating of “Buy” and a consensus target price of $159.50.

Shares of APTV stock opened at $95.12 on Tuesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.04 and a current ratio of 2.60. The stock has a market capitalization of $25.77 billion, a P/E ratio of 79.93, a price-to-earnings-growth ratio of 2.21 and a beta of 2.01. The company has a 50 day moving average price of $109.39 and a 200 day moving average price of $137.99. Aptiv has a fifty-two week low of $88.15 and a fifty-two week high of $180.81.

Aptiv (NYSE:APTVGet Rating) last announced its quarterly earnings data on Thursday, May 5th. The auto parts company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.02. The firm had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.06 billion. Aptiv had a net margin of 2.43% and a return on equity of 7.23%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.06 earnings per share. On average, research analysts forecast that Aptiv will post 4.06 EPS for the current fiscal year.

In related news, CEO Kevin P. Clark sold 5,830 shares of the stock in a transaction dated Wednesday, April 13th. The shares were sold at an average price of $109.98, for a total value of $641,183.40. Following the sale, the chief executive officer now directly owns 676,822 shares of the company’s stock, valued at approximately $74,436,883.56. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Hanson & Doremus Investment Management boosted its stake in shares of Aptiv by 137.4% during the 1st quarter. Hanson & Doremus Investment Management now owns 216 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Tyler Stone Wealth Management acquired a new stake in shares of Aptiv during the 4th quarter worth about $27,000. Equitec Proprietary Markets LLC acquired a new stake in shares of Aptiv during the 4th quarter worth about $31,000. Trust Co. of Vermont purchased a new position in shares of Aptiv during the 4th quarter worth about $35,000. Finally, Karlinski Andrew C purchased a new position in shares of Aptiv during the 1st quarter worth about $38,000. 91.08% of the stock is currently owned by institutional investors.

Aptiv Company Profile (Get Rating)

Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle's electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems.

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Analyst Recommendations for Aptiv (NYSE:APTV)

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