Aptiv PLC (NYSE:APTV) Given Average Rating of "Moderate Buy" by Brokerages

Aptiv PLC (NYSE:APTV - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nineteen analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $84.29.

A number of research firms have recently issued reports on APTV. Guggenheim reiterated a "buy" rating and set a $73.00 price objective on shares of Aptiv in a research note on Thursday, December 5th. Robert W. Baird dropped 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, November 1st. Morgan Stanley cut their price objective on shares of Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a report on Thursday, November 14th. TD Cowen lowered their target price on Aptiv from $95.00 to $74.00 and set a "buy" rating for the company in a research note on Friday, November 1st. Finally, Fox Advisors cut Aptiv from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, October 1st.

Aptiv Stock Down 0.2 %

Aptiv stock traded down $0.14 during trading on Monday, reaching $61.19. 2,919,628 shares of the company's stock were exchanged, compared to its average volume of 3,367,057. Aptiv has a 52-week low of $51.47 and a 52-week high of $88.89. The firm has a market cap of $14.38 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 0.53 and a beta of 1.75. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The company's 50-day moving average is $57.85 and its two-hundred day moving average is $64.98.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.15. The company had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company's revenue was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.30 earnings per share. On average, analysts predict that Aptiv will post 6.15 earnings per share for the current year.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently modified their holdings of the business. Dakota Wealth Management acquired a new position in Aptiv during the 4th quarter valued at approximately $596,000. Nisa Investment Advisors LLC lifted its stake in Aptiv by 44.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 37,289 shares of the auto parts company's stock valued at $2,255,000 after buying an additional 11,469 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Aptiv by 5.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 11,826 shares of the auto parts company's stock valued at $715,000 after acquiring an additional 624 shares during the period. Gilman Hill Asset Management LLC grew its position in shares of Aptiv by 169.1% during the fourth quarter. Gilman Hill Asset Management LLC now owns 45,875 shares of the auto parts company's stock worth $2,775,000 after acquiring an additional 28,828 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of Aptiv by 14.4% in the 4th quarter. Arkadios Wealth Advisors now owns 4,090 shares of the auto parts company's stock worth $247,000 after acquiring an additional 515 shares during the period. Institutional investors own 94.21% of the company's stock.

About Aptiv

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.