Autoliv, Inc. (NYSE:ALV) Receives $117.14 Average Target Price from Analysts

Autoliv, Inc. (NYSE:ALV) has been given an average rating of “Moderate Buy” by the nineteen analysts that are presently covering the firm, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $117.14.

A number of equities analysts recently commented on the company. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Pareto Securities downgraded Autoliv to a “hold” rating in a report on Monday, February 3rd. Cowen assumed coverage on Autoliv in a report on Thursday, March 6th. They issued a “buy” rating on the stock. Mizuho dropped their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Finally, TD Cowen assumed coverage on Autoliv in a report on Friday, March 7th. They issued a “buy” rating and a $116.00 price objective on the stock.

Insider Buying and Selling

In related news, insider Magnus Jarlegren sold 1,289 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the transaction, the insider now owns 6,142 shares of the company’s stock, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Mikael Bratt sold 5,760 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the transaction, the chief executive officer now directly owns 23,307 shares in the company, valued at $2,305,062.30. This trade represents a 19.82 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,253 shares of company stock valued at $915,534. 0.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Autoliv

A number of institutional investors have recently bought and sold shares of ALV. UMB Bank n.a. boosted its stake in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock worth $26,000 after buying an additional 159 shares in the last quarter. AlphaQuest LLC boosted its stake in Autoliv by 74.4% during the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after buying an additional 134 shares in the last quarter. Fred Alger Management LLC acquired a new stake in Autoliv during the third quarter worth $45,000. Twin Tree Management LP acquired a new stake in Autoliv during the fourth quarter worth $50,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in Autoliv during the fourth quarter worth $57,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

Autoliv Price Performance

NYSE ALV opened at $89.39 on Friday. The company has a 50 day simple moving average of $95.97 and a 200-day simple moving average of $95.74. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. The firm has a market capitalization of $6.95 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. Autoliv has a 52-week low of $87.55 and a 52-week high of $129.38.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. Equities research analysts predict that Autoliv will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date is Friday, March 7th. Autoliv’s dividend payout ratio (DPR) is currently 34.70%.

About Autoliv

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.