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

Autoliv, Inc. (NYSE:ALV) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the firm, Marketbeat.com reports. Six 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 objective among analysts that have covered the stock in the last year is $122.77.

ALV has been the subject of several research analyst reports. Wells Fargo & Company dropped their target price on shares of Autoliv from $102.00 to $101.00 and set an “equal weight” rating for the company in a research report on Monday, October 21st. Robert W. Baird boosted their target price on shares of Autoliv from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Evercore ISI dropped their target price on shares of Autoliv from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $116.00 target price on shares of Autoliv in a research report on Tuesday, September 10th. Finally, StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a research report on Friday, November 8th.

Institutional Trading of Autoliv

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its holdings in shares of Autoliv by 62.7% during the second quarter. GAMMA Investing LLC now owns 262 shares of the auto parts company’s stock valued at $28,000 after acquiring an additional 101 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Autoliv by 14.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 954 shares of the auto parts company’s stock worth $102,000 after buying an additional 117 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of Autoliv by 0.6% during the 3rd quarter. Quantinno Capital Management LP now owns 23,456 shares of the auto parts company’s stock worth $2,190,000 after buying an additional 130 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Autoliv by 2.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,953 shares of the auto parts company’s stock valued at $851,000 after purchasing an additional 156 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in Autoliv by 2.9% in the 2nd quarter. Victory Capital Management Inc. now owns 5,765 shares of the auto parts company’s stock valued at $617,000 after purchasing an additional 162 shares during the period. 69.57% of the stock is owned by institutional investors and hedge funds.

Autoliv Stock Performance

Shares of ALV stock opened at $97.97 on Friday. Autoliv has a 12 month low of $89.51 and a 12 month high of $129.38. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.71. The firm has a market capitalization of $7.72 billion, a P/E ratio of 12.76, a P/E/G ratio of 0.91 and a beta of 1.59. The company’s fifty day moving average price is $95.39 and its two-hundred day moving average price is $104.83.

Autoliv (NYSE:ALV) last released its earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.16). The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.52 billion. Autoliv had a return on equity of 30.85% and a net margin of 5.98%. Autoliv’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.66 EPS. On average, research analysts anticipate that Autoliv will post 8.19 earnings per share for the current fiscal year.

Autoliv Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd will be paid a $0.70 dividend. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Tuesday, December 3rd. Autoliv’s dividend payout ratio is currently 35.42%.

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.