Autoliv Inc. (ALV) Receives $103.24 Average PT from Brokerages

Autoliv Inc. (NYSE:ALV) has been assigned a consensus rating of “Hold” from the nineteen analysts that are currently covering the firm. Six research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $103.75.

ALV has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Autoliv from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a research report on Tuesday, December 27th. Jefferies Group LLC initiated coverage on shares of Autoliv in a research report on Tuesday, November 29th. They set a “buy” rating and a $112.00 price target for the company. KeyCorp restated an “equal weight” rating on shares of Autoliv in a research report on Tuesday, January 10th. Goldman Sachs Group Inc upgraded shares of Autoliv from a “sell” rating to a “neutral” rating and reduced their price target for the company from $101.00 to $95.00 in a research report on Wednesday, November 23rd. Finally, Mizuho initiated coverage on shares of Autoliv in a research report on Thursday, March 2nd. They set a “neutral” rating and a $115.00 price target for the company.

In other Autoliv news, insider Johan Lofvenholm sold 876 shares of the business’s stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $104.45, for a total value of $91,498.20. Following the completion of the sale, the insider now directly owns 3,798 shares of the company’s stock, valued at $396,701.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 1,576 shares of company stock valued at $165,527 over the last three months. 0.27% of the stock is currently owned by insiders.

Hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in Autoliv during the fourth quarter valued at $82,150,000. HCR Wealth Advisors acquired a new stake in Autoliv during the fourth quarter valued at $341,000. Hatteras Funds LP increased its stake in Autoliv by 7.0% in the fourth quarter. Hatteras Funds LP now owns 2,460 shares of the company’s stock valued at $278,000 after buying an additional 160 shares in the last quarter. Carve CapitalAB acquired a new stake in Autoliv during the fourth quarter valued at $39,941,000. Finally, Bodenholm Capital AB acquired a new stake in Autoliv during the fourth quarter valued at $36,207,000. 32.01% of the stock is owned by institutional investors and hedge funds.

Your IP Address:

Autoliv (NYSE:ALV) opened at 103.71 on Tuesday. Autoliv has a 52-week low of $93.31 and a 52-week high of $126.31. The company has a 50-day moving average of $105.93 and a 200-day moving average of $105.64. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 16.15 and a beta of 1.17.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Thursday, February 2nd. The company reported $1.71 EPS for the quarter, missing analysts’ consensus estimates of $1.84 by $0.13. The firm had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.69 billion. Autoliv had a net margin of 5.59% and a return on equity of 14.99%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.08 earnings per share. Equities research analysts expect that Autoliv will post $6.58 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Wednesday, May 17th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, May 15th. This is an increase from Autoliv’s previous quarterly dividend of $0.58. This represents a $2.40 annualized dividend and a yield of 2.31%. Autoliv’s payout ratio is currently 36.14%.

Autoliv Company Profile

Autoliv, Inc is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera-based vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors.

5 Day Chart for NYSE:ALV

Receive News & Ratings for Autoliv Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autoliv Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.