Autoliv (ALV) Scheduled to Post Quarterly Earnings on Friday

Autoliv (NYSE:ALV) will be posting its quarterly earnings results before the market opens on Friday, April 26th. Analysts expect Autoliv to post earnings of $1.43 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.37. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. Autoliv had a return on equity of 27.13% and a net margin of 4.66%. The company’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.83 EPS. On average, analysts expect Autoliv to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Stock Performance

Shares of ALV stock opened at $117.94 on Thursday. The company has a market cap of $9.61 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 0.78 and a beta of 1.72. The stock has a 50 day simple moving average of $117.29 and a 200-day simple moving average of $107.62. Autoliv has a 12-month low of $79.66 and a 12-month high of $124.38. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 0.52.

Autoliv Announces Dividend

The firm 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. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend was Monday, March 11th. Autoliv’s dividend payout ratio (DPR) is 47.30%.

Insiders Place Their Bets

In other Autoliv news, CFO Fredrik Westin sold 1,318 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total transaction of $144,887.74. Following the completion of the transaction, the chief financial officer now owns 5,458 shares of the company’s stock, valued at $599,997.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Autoliv news, CEO Mikael Bratt sold 4,226 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.72, for a total transaction of $463,676.72. Following the completion of the transaction, the chief executive officer now owns 17,547 shares of the company’s stock, valued at $1,925,256.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Fredrik Westin sold 1,318 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $109.93, for a total value of $144,887.74. Following the transaction, the chief financial officer now directly owns 5,458 shares of the company’s stock, valued at approximately $599,997.94. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,388 shares of company stock valued at $921,757. Corporate insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ALV shares. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. Wells Fargo & Company raised their price objective on Autoliv from $101.00 to $107.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. Mizuho raised their price objective on Autoliv from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 25th. JPMorgan Chase & Co. raised their price objective on Autoliv from $117.00 to $129.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Wolfe Research downgraded Autoliv from an “outperform” rating to a “peer perform” rating in a research note on Thursday, January 4th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $118.60.

Autoliv Company Profile

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.