Autoliv, Inc. (NYSE:ALV) Stock Has Consensus Target Price of $135.20 According to Brokerages

Autoliv, Inc. (NYSE:ALV) has earned a consensus recommendation of “Hold” from the thirteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $134.79.

ALV has been the topic of several recent analyst reports. Jefferies Financial Group reduced their target price on Autoliv from $134.00 to $119.00 and set a “hold” rating on the stock in a research report on Tuesday. Royal Bank Of Canada decreased their price objective on shares of Autoliv from $148.00 to $147.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. UBS Group lifted their target price on shares of Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. TD Cowen lowered shares of Autoliv from a “buy” rating to a “hold” rating and cut their price target for the company from $148.00 to $137.00 in a research note on Tuesday, September 8th. Finally, Wolfe Research downgraded shares of Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Wednesday.

Autoliv Price Performance

Shares of ALV opened at $117.60 on Tuesday. The company has a 50 day moving average of $120.83 and a two-hundred day moving average of $117.85. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 0.94 and a beta of 1.36. The company has a quick ratio of 0.79, a current ratio of 1.03 and a debt-to-equity ratio of 0.67. Autoliv has a twelve month low of $99.16 and a twelve month high of $132.17.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, July 17th. The auto parts company reported $2.43 EPS for the quarter, missing the consensus estimate of $2.46 by ($0.03). The business had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Autoliv had a net margin of 5.79% and a return on equity of 29.36%. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.21 EPS. As a group, analysts predict that Autoliv will post 10.04 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were paid a $0.87 dividend. The ex-dividend date was Friday, August 28th. This represents a $3.48 dividend on an annualized basis and a yield of 3.0%. Autoliv’s dividend payout ratio (DPR) is 40.99%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ALV. Fifth Third Wealth Advisors LLC boosted its position in Autoliv by 5.1% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,037 shares of the auto parts company’s stock valued at $214,000 after buying an additional 99 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in Autoliv by 0.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 14,096 shares of the auto parts company’s stock valued at $1,482,000 after purchasing an additional 100 shares during the period. GAMMA Investing LLC lifted its position in Autoliv by 16.5% during the second quarter. GAMMA Investing LLC now owns 988 shares of the auto parts company’s stock valued at $115,000 after purchasing an additional 140 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Autoliv by 24.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 997 shares of the auto parts company’s stock valued at $118,000 after purchasing an additional 194 shares during the last quarter. Finally, Truvestments Capital LLC boosted its holdings in Autoliv by 6.3% in the fourth quarter. Truvestments Capital LLC now owns 3,860 shares of the auto parts company’s stock valued at $458,000 after purchasing an additional 230 shares during the last quarter. 69.57% of the stock is owned by institutional investors and hedge funds.

About Autoliv

Autoliv, Inc is a global supplier of automotive safety systems. The company develops and manufactures products designed to help protect vehicle occupants and other road users, including airbags, seat belts, steering wheels, restraint systems and pedestrian-protection solutions.

Autoliv supplies automotive manufacturers and operates across major vehicle-producing regions, including Europe, the Americas and Asia. Its products are incorporated into vehicles produced by automakers worldwide, and the company works with vehicle manufacturers to develop safety systems for passenger cars and other vehicles.

The company’s roots trace to Sweden in 1953, and it has grown into an international automotive-safety business through organic development and acquisitions.