Autoliv, Inc. (NYSE:ALV) Receives $93.69 Average Price Target from Analysts

Autoliv, Inc. (NYSE:ALVGet Rating) has been given a consensus rating of “Moderate Buy” by the seventeen ratings firms that are currently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $95.00.

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Autoliv from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday, October 24th. TheStreet upgraded Autoliv from a “c+” rating to a “b” rating in a research note on Thursday, November 3rd. SEB Equity Research lowered Autoliv to a “hold” rating in a report on Wednesday, September 21st. StockNews.com raised Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, October 27th. Finally, Citigroup boosted their target price on Autoliv from $73.00 to $90.00 in a report on Wednesday.

Autoliv Price Performance

ALV stock opened at $87.37 on Tuesday. The business has a 50 day moving average price of $77.68 and a 200 day moving average price of $77.45. The stock has a market cap of $7.59 billion, a price-to-earnings ratio of 19.99 and a beta of 1.68. Autoliv has a fifty-two week low of $65.74 and a fifty-two week high of $108.62. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.42.

Autoliv (NYSE:ALVGet Rating) last posted its earnings results on Friday, October 21st. The auto parts company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.14). The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.36 billion. Autoliv had a return on equity of 13.11% and a net margin of 4.44%. Autoliv’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 EPS. Equities research analysts anticipate that Autoliv will post 4.35 earnings per share for the current fiscal year.

Autoliv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Investors of record on Tuesday, November 22nd will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Monday, November 21st. This is a positive change from Autoliv’s previous quarterly dividend of $0.64. Autoliv’s dividend payout ratio is currently 60.41%.

Insider Buying and Selling

In related news, insider Svante Mogefors sold 1,000 shares of the company’s stock in a transaction on Friday, November 11th. The stock was sold at an average price of $89.00, for a total transaction of $89,000.00. Following the transaction, the insider now owns 11,739 shares of the company’s stock, valued at $1,044,771. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Autoliv news, major shareholder Cevian Capital Ii Gp Ltd acquired 75,955 shares of the company’s stock in a transaction that occurred on Wednesday, August 31st. The shares were purchased at an average price of $78.59 per share, with a total value of $5,969,303.45. Following the completion of the acquisition, the insider now directly owns 6,298,508 shares of the company’s stock, valued at approximately $494,999,743.72. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Svante Mogefors sold 1,000 shares of the company’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $89.00, for a total value of $89,000.00. Following the completion of the sale, the insider now directly owns 11,739 shares in the company, valued at approximately $1,044,771. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Autoliv

Several large investors have recently bought and sold shares of the company. California State Teachers Retirement System grew its holdings in Autoliv by 0.8% in the third quarter. California State Teachers Retirement System now owns 72,272 shares of the auto parts company’s stock valued at $4,815,000 after purchasing an additional 547 shares during the last quarter. Balyasny Asset Management LLC grew its holdings in Autoliv by 30.9% in the third quarter. Balyasny Asset Management LLC now owns 568,339 shares of the auto parts company’s stock valued at $37,868,000 after purchasing an additional 134,122 shares during the last quarter. Alliancebernstein L.P. grew its holdings in Autoliv by 0.6% in the third quarter. Alliancebernstein L.P. now owns 164,893 shares of the auto parts company’s stock valued at $10,987,000 after purchasing an additional 1,060 shares during the last quarter. Tweedy Browne Co LLC grew its holdings in Autoliv by 1.8% in the third quarter. Tweedy Browne Co LLC now owns 1,115,317 shares of the auto parts company’s stock valued at $74,314,000 after purchasing an additional 19,807 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new stake in Autoliv in the third quarter valued at $5,743,000. Institutional investors and hedge funds own 48.50% of the company’s stock.

Autoliv Company Profile

(Get Rating)

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, inflator technologies, and battery cut-off switches, as well as anti-whiplash systems and pedestrian protection systems, and connected safety services and solutions for riders of powered two wheelers.

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Analyst Recommendations for Autoliv (NYSE:ALV)

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