Autoliv (ALV) Scheduled to Post Quarterly Earnings on Friday

Autoliv (NYSE:ALV) is set to release its earnings data before the market opens on Friday, April 26th. Analysts expect Autoliv to post earnings of $1.43 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 26th. The auto parts company reported $3.74 EPS for the quarter, beating the consensus estimate of $3.37 by $0.37. Autoliv had a net margin of 4.66% and a return on equity of 27.13%. The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.75 billion. During the same period in the prior year, the company earned $1.83 earnings per share. The firm’s revenue 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 $12 EPS for the next fiscal year.

Autoliv Stock Performance

Shares of NYSE ALV opened at $114.29 on Friday. The company has a market capitalization of $9.31 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.72. Autoliv has a 1 year low of $79.66 and a 1 year high of $124.38. The company’s fifty day moving average price is $116.86 and its 200 day moving average price is $106.96. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.73 and a current ratio of 0.98.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Tuesday, March 12th were paid a dividend of $0.68 per share. The ex-dividend date was Monday, March 11th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.38%. Autoliv’s dividend payout ratio is currently 47.30%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ALV. Wolfe Research lowered Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 4th. Mizuho increased their target price on shares of Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, March 25th. Berenberg Bank upgraded shares of 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. Barclays increased their price objective on shares of Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Finally, StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Saturday, January 20th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $115.18.

Insider Transactions at Autoliv

In other Autoliv news, CFO Fredrik Westin sold 1,318 shares of Autoliv stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total value of $144,887.74. Following the completion of the transaction, the chief financial officer now directly owns 5,458 shares of the company’s stock, valued at approximately $599,997.94. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Autoliv news, insider Colin Naughton sold 782 shares of the company’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $110.68, for a total transaction of $86,551.76. Following the sale, the insider now owns 5,594 shares in the company, valued at approximately $619,143.92. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Fredrik Westin sold 1,318 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.93, for a total transaction of $144,887.74. Following the completion of the sale, the chief financial officer now directly owns 5,458 shares in the company, valued at approximately $599,997.94. The disclosure for this sale can be found here. Insiders sold a total of 8,388 shares of company stock worth $921,757 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Autoliv

Institutional investors have recently modified their holdings of the company. BlackRock Inc. raised its stake in Autoliv by 188.9% in the first quarter. BlackRock Inc. now owns 5,468,058 shares of the auto parts company’s stock valued at $510,498,000 after buying an additional 3,575,146 shares in the last quarter. State Street Corp lifted its holdings in shares of Autoliv by 185.3% in the 1st quarter. State Street Corp now owns 1,455,700 shares of the auto parts company’s stock valued at $135,904,000 after purchasing an additional 945,517 shares during the last quarter. Norges Bank purchased a new stake in Autoliv in the fourth quarter valued at approximately $67,916,000. Millennium Management LLC raised its position in Autoliv by 292.3% in the 4th quarter. Millennium Management LLC now owns 1,146,435 shares of the auto parts company’s stock valued at $87,794,000 after purchasing an additional 854,212 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Autoliv by 21.0% in the first quarter. Vanguard Group Inc. now owns 1,814,404 shares of the auto parts company’s stock valued at $138,693,000 after purchasing an additional 315,473 shares during the period. 69.57% of the stock is owned by hedge funds and other institutional investors.

About Autoliv

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.