Aptiv (APTV) Set to Announce Quarterly Earnings on Thursday

Aptiv (NYSE:APTVGet Rating) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, August 4th. Analysts expect Aptiv to post earnings of $0.67 per share for the quarter. Aptiv has set its FY22 guidance at $3.90-$4.80 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Aptiv (NYSE:APTVGet Rating) last announced its earnings results on Thursday, May 5th. The auto parts company reported $0.63 earnings per share for the quarter, meeting the consensus estimate of $0.63. The firm had revenue of $4.18 billion for the quarter, compared to the consensus estimate of $4.06 billion. Aptiv had a return on equity of 7.23% and a net margin of 2.43%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 EPS. On average, analysts expect Aptiv to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Aptiv Stock Up 4.2 %

Shares of Aptiv stock opened at $100.29 on Thursday. The business’s fifty day moving average price is $96.17 and its two-hundred day moving average price is $112.56. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.60 and a quick ratio of 2.04. The company has a market capitalization of $27.17 billion, a P/E ratio of 84.28, a PEG ratio of 2.28 and a beta of 2.00. Aptiv has a 1-year low of $84.14 and a 1-year high of $180.81.

Insider Buying and Selling

In other news, CEO Kevin P. Clark sold 6,665 shares of Aptiv stock in a transaction on Wednesday, July 13th. The stock was sold at an average price of $89.36, for a total transaction of $595,584.40. Following the transaction, the chief executive officer now owns 639,217 shares in the company, valued at $57,120,431.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, SVP William T. Presley sold 2,000 shares of Aptiv stock in a transaction on Monday, June 6th. The stock was sold at an average price of $108.52, for a total transaction of $217,040.00. Following the completion of the sale, the senior vice president now owns 45,681 shares of the company’s stock, valued at $4,957,302.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Kevin P. Clark sold 6,665 shares of Aptiv stock in a transaction on Wednesday, July 13th. The shares were sold at an average price of $89.36, for a total value of $595,584.40. Following the sale, the chief executive officer now directly owns 639,217 shares of the company’s stock, valued at approximately $57,120,431.12. The disclosure for this sale can be found here. Insiders have sold 15,370 shares of company stock worth $1,547,492 in the last three months. 0.41% of the stock is currently owned by insiders.

Institutional Trading of Aptiv

A number of institutional investors have recently bought and sold shares of the company. Founders Financial Securities LLC boosted its position in Aptiv by 6.2% during the first quarter. Founders Financial Securities LLC now owns 2,565 shares of the auto parts company’s stock valued at $307,000 after purchasing an additional 149 shares during the last quarter. Kinneret Advisory LLC boosted its position in Aptiv by 2.3% during the first quarter. Kinneret Advisory LLC now owns 7,637 shares of the auto parts company’s stock valued at $914,000 after purchasing an additional 170 shares during the last quarter. Lido Advisors LLC lifted its position in shares of Aptiv by 18.7% in the first quarter. Lido Advisors LLC now owns 2,247 shares of the auto parts company’s stock worth $268,000 after buying an additional 354 shares during the last quarter. United Capital Financial Advisers LLC lifted its position in shares of Aptiv by 0.9% in the first quarter. United Capital Financial Advisers LLC now owns 47,261 shares of the auto parts company’s stock worth $5,658,000 after buying an additional 408 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in shares of Aptiv by 15.0% in the first quarter. Synovus Financial Corp now owns 3,395 shares of the auto parts company’s stock worth $406,000 after buying an additional 443 shares during the last quarter. Institutional investors and hedge funds own 91.08% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft cut their target price on Aptiv from $137.00 to $136.00 in a research note on Monday, July 18th. Raymond James cut their target price on Aptiv from $215.00 to $158.00 in a research note on Friday, May 6th. Exane BNP Paribas initiated coverage on Aptiv in a research report on Monday, April 11th. They set an “outperform” rating and a $160.00 price target on the stock. StockNews.com upgraded Aptiv from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Robert W. Baird lowered their price target on Aptiv from $155.00 to $148.00 in a research report on Friday, May 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus price target of $156.42.

About Aptiv

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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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Earnings History for Aptiv (NYSE:APTV)

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