Aptiv PLC (NYSE:APTV) Receives $86.05 Average PT from Analysts

Shares of Aptiv PLC (NYSE:APTV) have received a consensus recommendation of “Buy” from the twenty-six research firms that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $86.29.

Several brokerages have recently weighed in on APTV. Benchmark decreased their target price on shares of Aptiv from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Oppenheimer decreased their price objective on Aptiv from $98.00 to $63.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Guggenheim lowered Aptiv from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 21st. KeyCorp raised their target price on Aptiv from $70.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Finally, Citigroup began coverage on Aptiv in a research note on Thursday, April 2nd. They issued a “buy” rating and a $67.00 price target on the stock.

Several hedge funds have recently made changes to their positions in the company. Harbor Investment Advisory LLC boosted its position in Aptiv by 121.3% in the 1st quarter. Harbor Investment Advisory LLC now owns 498 shares of the auto parts company’s stock valued at $25,000 after buying an additional 273 shares during the last quarter. CSat Investment Advisory L.P. lifted its stake in shares of Aptiv by 90.2% during the fourth quarter. CSat Investment Advisory L.P. now owns 272 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 129 shares during the period. Ellevest Inc. boosted its holdings in Aptiv by 84.8% in the first quarter. Ellevest Inc. now owns 595 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 273 shares during the last quarter. Ballast Advisors LLC acquired a new stake in Aptiv in the first quarter worth about $32,000. Finally, RMR Wealth Builders bought a new stake in Aptiv during the 4th quarter worth about $44,000. Institutional investors own 90.39% of the company’s stock.

Shares of APTV traded down $2.50 on Friday, reaching $74.13. 3,993,976 shares of the stock traded hands, compared to its average volume of 4,079,991. The stock’s 50-day moving average price is $74.10 and its 200-day moving average price is $76.70. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.69 and a quick ratio of 1.32. The firm has a market cap of $19.53 billion, a price-to-earnings ratio of 8.17, a P/E/G ratio of 7.13 and a beta of 2.25. Aptiv has a 12 month low of $29.22 and a 12 month high of $99.04.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Tuesday, May 5th. The auto parts company reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.36. The firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $2.95 billion. Aptiv had a net margin of 16.58% and a return on equity of 27.25%. The business’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.05 earnings per share. As a group, equities research analysts forecast that Aptiv will post 0.98 earnings per share for the current fiscal year.

About Aptiv

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

Read More: Example of operating income, EBIT and EBITDA

Analyst Recommendations for Aptiv (NYSE:APTV)

Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.