A number of other equities research analysts have also recently commented on the company. Morgan Stanley lowered their target price on Aptiv from $70.00 to $68.00 and set an "underweight" rating on the stock in a report on Wednesday, September 25th. JPMorgan Chase & Co. lifted their price objective on Aptiv from $107.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st. Nomura Securities upgraded shares of Aptiv from a "strong sell" rating to a "hold" rating in a report on Monday, August 19th. Robert W. Baird decreased their price target on shares of Aptiv from $85.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday. Finally, UBS Group cut their price objective on shares of Aptiv from $107.00 to $99.00 and set a "buy" rating for the company in a research report on Wednesday, July 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat, Aptiv has an average rating of "Moderate Buy" and an average price target of $88.18.
View Our Latest Report on Aptiv
APTV opened at $56.37 on Friday. Aptiv has a one year low of $54.70 and a one year high of $91.66. The company has a market cap of $14.98 billion, a price-to-earnings ratio of 4.26, a PEG ratio of 0.63 and a beta of 1.79. The business's fifty day moving average is $69.58 and its two-hundred day moving average is $72.41. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.09 and a current ratio of 1.49.
Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. The firm had revenue of $4.85 billion for the quarter, compared to analysts' expectations of $5.10 billion. Aptiv had a net margin of 18.46% and a return on equity of 13.19%. The firm's revenue was down 5.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.30 EPS. Analysts anticipate that Aptiv will post 6.23 EPS for the current fiscal year.
A number of large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its holdings in shares of Aptiv by 36.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 47,934 shares of the auto parts company's stock valued at $3,818,000 after acquiring an additional 12,835 shares in the last quarter. Hemenway Trust Co LLC boosted its position in shares of Aptiv by 25.2% in the first quarter. Hemenway Trust Co LLC now owns 55,968 shares of the auto parts company's stock worth $4,458,000 after buying an additional 11,270 shares during the period. M&G Plc acquired a new stake in shares of Aptiv in the first quarter valued at about $8,337,000. Sei Investments Co. raised its holdings in shares of Aptiv by 9.5% during the 1st quarter. Sei Investments Co. now owns 287,781 shares of the auto parts company's stock valued at $22,926,000 after buying an additional 25,003 shares during the period. Finally, Swedbank AB acquired a new position in Aptiv during the 2nd quarter worth approximately $25,018,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.
Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.
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