Aptiv (NYSE:APTV) had its target price decreased by stock analysts at Benchmark from $105.00 to $90.00 in a report released on Wednesday, BenzingaRatingsTable reports. The firm currently has a “buy” rating on the auto parts company’s stock. Benchmark’s price objective would suggest a potential upside of 81.74% from the stock’s current price.
A number of other equities analysts have also weighed in on the stock. TheStreet lowered shares of Aptiv from a “b-” rating to a “c+” rating in a research report on Monday, March 16th. Credit Suisse Group reduced their target price on Aptiv from $98.00 to $96.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Zacks Investment Research raised Aptiv from a “sell” rating to a “hold” rating and set a $97.00 target price for the company in a report on Thursday, January 23rd. Evercore ISI reissued a “buy” rating and issued a $100.00 target price on shares of Aptiv in a report on Sunday, February 9th. Finally, Royal Bank of Canada reduced their target price on Aptiv from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Aptiv presently has an average rating of “Buy” and an average target price of $94.80.
Shares of Aptiv stock opened at $49.52 on Wednesday. The firm has a market capitalization of $11.87 billion, a P/E ratio of 12.86, a P/E/G ratio of 0.94 and a beta of 1.89. Aptiv has a 52 week low of $29.22 and a 52 week high of $99.04. The company has a quick ratio of 0.99, a current ratio of 1.31 and a debt-to-equity ratio of 1.07. The firm’s 50 day moving average is $76.18 and its two-hundred day moving average is $87.24.
Aptiv (NYSE:APTV) last announced its earnings results on Thursday, January 30th. The auto parts company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.13. Aptiv had a net margin of 6.90% and a return on equity of 32.61%. The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.54 billion. During the same period last year, the firm posted $1.34 earnings per share. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. As a group, research analysts expect that Aptiv will post 4.53 earnings per share for the current fiscal year.
In other news, SVP Vos Glen W. De sold 2,700 shares of Aptiv stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $88.73, for a total transaction of $239,571.00. Following the completion of the transaction, the senior vice president now owns 47,462 shares of the company’s stock, valued at approximately $4,211,303.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.55% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. CSat Investment Advisory L.P. grew its holdings in shares of Aptiv by 90.2% during the 4th quarter. CSat Investment Advisory L.P. now owns 272 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 129 shares during the period. Allred Capital Management LLC purchased a new stake in shares of Aptiv during the 4th quarter worth about $27,000. RMR Wealth Builders purchased a new stake in shares of Aptiv during the 4th quarter worth about $44,000. Global Retirement Partners LLC grew its holdings in shares of Aptiv by 56.3% during the 4th quarter. Global Retirement Partners LLC now owns 508 shares of the auto parts company’s stock worth $48,000 after purchasing an additional 183 shares during the period. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of Aptiv during the 4th quarter worth about $58,000. Hedge funds and other institutional investors own 93.55% of the company’s stock.
Aptiv Company Profile
Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.
Further Reading: How much can an individual set aside as a catch-up contribution?
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.