Autoliv, Inc. (NYSE:ALV) Receives $126.46 Average Target Price from Brokerages

Shares of Autoliv, Inc. (NYSE:ALV) have received a consensus recommendation of “Moderate Buy” from the sixteen analysts that are covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $126.46.

A number of analysts recently weighed in on ALV shares. HSBC started coverage on shares of Autoliv in a research note on Monday, July 15th. They set a “buy” rating and a $134.00 target price on the stock. Robert W. Baird reduced their price objective on shares of Autoliv from $128.00 to $111.00 and set a “neutral” rating on the stock in a report on Monday, July 22nd. Bank of America lowered their target price on shares of Autoliv from $145.00 to $133.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Evercore ISI cut their price target on Autoliv from $150.00 to $140.00 and set an “outperform” rating on the stock in a research note on Monday, July 22nd. Finally, Barclays lowered their price objective on Autoliv from $125.00 to $115.00 and set an “equal weight” rating for the company in a research report on Monday, July 22nd.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Autoliv during the fourth quarter worth about $27,000. GAMMA Investing LLC grew its stake in shares of Autoliv by 62.7% in the 2nd quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after purchasing an additional 101 shares during the last quarter. Register Financial Advisors LLC acquired a new position in shares of Autoliv in the first quarter valued at approximately $36,000. Quarry LP raised its stake in shares of Autoliv by 133.5% during the second quarter. Quarry LP now owns 362 shares of the auto parts company’s stock worth $39,000 after purchasing an additional 207 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Autoliv by 83.8% during the fourth quarter. Parallel Advisors LLC now owns 489 shares of the auto parts company’s stock worth $54,000 after purchasing an additional 223 shares during the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv Price Performance

Autoliv stock opened at $100.09 on Monday. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.67. Autoliv has a 52-week low of $89.37 and a 52-week high of $129.38. The firm has a market cap of $8.14 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 0.84 and a beta of 1.61. The company’s 50 day moving average is $101.87 and its two-hundred day moving average is $112.86.

Autoliv (NYSE:ALV) last released its earnings results on Friday, July 19th. The auto parts company reported $1.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). Autoliv had a net margin of 5.91% and a return on equity of 30.05%. The company had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter last year, the business posted $1.93 earnings per share. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. On average, research analysts expect that Autoliv will post 9.05 EPS for the current fiscal year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.72%. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

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.