Autoliv, Inc. (NYSE:ALV) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Autoliv, Inc. (NYSE:ALV) have been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $134.40.

A number of research firms recently weighed in on ALV. UBS Group restated an “outperform” rating on shares of Autoliv in a report on Monday, October 20th. Evercore dropped their price target on shares of Autoliv from $150.00 to $145.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a research report on Monday, December 29th. Barclays restated an “overweight” rating and issued a $140.00 target price on shares of Autoliv in a report on Monday, February 2nd. Finally, Wolfe Research set a $143.00 price target on Autoliv in a report on Monday, January 12th.

Autoliv Trading Up 1.3%

ALV opened at $125.91 on Monday. The stock has a market capitalization of $9.56 billion, a price-to-earnings ratio of 13.17, a P/E/G ratio of 1.07 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. Autoliv has a twelve month low of $75.49 and a twelve month high of $130.14. The company has a 50-day simple moving average of $122.55 and a 200 day simple moving average of $121.00.

Autoliv (NYSE:ALV) last released its earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.34. The firm had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.05 earnings per share. Analysts predict that Autoliv will post 9.51 EPS for the current fiscal year.

Institutional Trading of Autoliv

Several hedge funds have recently bought and sold shares of ALV. Swedbank AB raised its position in shares of Autoliv by 14.4% in the fourth quarter. Swedbank AB now owns 2,976,700 shares of the auto parts company’s stock worth $353,334,000 after buying an additional 375,454 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Autoliv by 1.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,517,790 shares of the auto parts company’s stock worth $281,741,000 after acquiring an additional 34,064 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Autoliv by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 1,867,396 shares of the auto parts company’s stock valued at $221,660,000 after acquiring an additional 21,221 shares in the last quarter. LSV Asset Management boosted its position in shares of Autoliv by 6.5% during the 4th quarter. LSV Asset Management now owns 1,681,609 shares of the auto parts company’s stock valued at $199,607,000 after acquiring an additional 101,922 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Autoliv by 26.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 999,506 shares of the auto parts company’s stock valued at $111,845,000 after acquiring an additional 206,200 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company’s stock.

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.