Aptiv PLC (NYSE:APTV) Given Consensus Rating of “Moderate Buy” by Analysts

Aptiv PLC (NYSE:APTV) has earned a consensus recommendation of “Moderate Buy” from the nineteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $84.29.

Several analysts have recently commented on APTV shares. Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 1st. Guggenheim reiterated a “buy” rating and issued a $73.00 target price on shares of Aptiv in a report on Thursday, December 5th. TD Cowen lowered their target price on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating for the company in a report on Friday, November 1st. Finally, Oppenheimer decreased their price objective on shares of Aptiv from $147.00 to $83.00 and set an “outperform” rating for the company in a report on Friday, November 1st.

Aptiv Stock Down 0.2 %

Aptiv stock opened at $61.19 on Monday. Aptiv has a 1-year low of $51.47 and a 1-year high of $88.89. The firm has a market capitalization of $14.38 billion, a price-to-earnings ratio of 6.83, a price-to-earnings-growth ratio of 0.53 and a beta of 1.75. The firm’s fifty day moving average price is $57.85 and its two-hundred day moving average price is $65.01. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The firm had revenue of $4.85 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same period last year, the firm earned $1.30 earnings per share. The business’s quarterly revenue was down 5.1% compared to the same quarter last year. On average, equities research analysts predict that Aptiv will post 6.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Aptiv

Several hedge funds have recently bought and sold shares of the stock. Wolff Wiese Magana LLC lifted its position in Aptiv by 44.3% during the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after purchasing an additional 155 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after acquiring an additional 176 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Aptiv by 16.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock worth $88,000 after acquiring an additional 176 shares during the last quarter. Boston Common Asset Management LLC lifted its holdings in shares of Aptiv by 4.8% in the 4th quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after acquiring an additional 188 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of Aptiv by 4.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock worth $334,000 after acquiring an additional 218 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

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.