Autoliv (NYSE:ALV) issued its quarterly earnings data on Friday. The auto parts company reported $1.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.37 by $0.01, MarketWatch Earnings reports. The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.15 billion. Autoliv had a return on equity of 23.67% and a net margin of 2.89%. Autoliv’s revenue was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.22 earnings per share. Autoliv updated its FY 2019 guidance to EPS.
Shares of Autoliv stock opened at $71.89 on Monday. The firm has a 50-day simple moving average of $67.27. Autoliv has a 52 week low of $61.07 and a 52 week high of $105.22. The stock has a market capitalization of $6.27 billion, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 1.44 and a beta of 1.52. The company has a quick ratio of 0.87, a current ratio of 1.14 and a debt-to-equity ratio of 0.81.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st will be given a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, August 20th. This represents a $2.48 annualized dividend and a dividend yield of 3.45%. Autoliv’s payout ratio is 36.31%.
Several equities analysts recently weighed in on ALV shares. Robert W. Baird upgraded Autoliv from an “underperform” rating to a “neutral” rating and set a $74.00 target price on the stock in a research report on Monday, July 15th. Royal Bank of Canada upgraded Snap from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $10.00 to $17.00 in a research report on Friday, April 5th. Buckingham Research lifted their target price on Sonic Automotive from $15.00 to $20.00 and gave the company a “neutral” rating in a research report on Monday, July 15th. Barclays reiterated a “sell” rating and set a $57.00 target price on shares of Autoliv in a research report on Sunday, March 31st. Finally, Mizuho reiterated a “hold” rating and set a $80.00 target price on shares of Autoliv in a research report on Monday. Seven analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $85.33.
Autoliv Company Profile
Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry. The company offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.
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