Aptiv (APTV) Expected to Announce Quarterly Earnings on Thursday

Aptiv (NYSE:APTV) is expected to post its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Aptiv to post earnings of $1.63 per share for the quarter.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.68 by $0.15. The firm had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The business’s quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.30 EPS. On average, analysts expect Aptiv to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Aptiv Stock Performance

Shares of APTV opened at $62.72 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. The company has a market capitalization of $14.74 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.75. The company’s fifty day moving average price is $59.04 and its 200 day moving average price is $64.61. Aptiv has a one year low of $51.47 and a one year high of $88.89.

Analysts Set New Price Targets

APTV has been the topic of several research analyst reports. Robert W. Baird upgraded shares of Aptiv from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $75.00 to $82.00 in a research report on Monday. Royal Bank of Canada decreased their price target on shares of Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Piper Sandler upgraded shares of Aptiv from an “underweight” rating to a “neutral” rating and raised their price target for the stock from $53.00 to $65.00 in a research report on Thursday, January 23rd. Wells Fargo & Company raised their price target on shares of Aptiv from $70.00 to $76.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Guggenheim restated a “buy” rating and issued a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $85.47.

Aptiv Company Profile

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.