Autoliv (ALV) Projected to Post Quarterly Earnings on Wednesday

Autoliv (NYSE:ALV - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, April 16th. Analysts expect the company to announce earnings of $1.70 per share and revenue of $2.50 billion for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, analysts expect Autoliv to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Stock Performance

NYSE:ALV traded up $0.32 on Friday, hitting $80.02. The stock had a trading volume of 1,069,533 shares, compared to its average volume of 802,198. The business's 50-day simple moving average is $91.55 and its two-hundred day simple moving average is $94.64. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of 9.92, a price-to-earnings-growth ratio of 0.73 and a beta of 1.47. Autoliv has a 52-week low of $75.49 and a 52-week high of $129.38. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.67.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, March 7th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a yield of 3.50%. Autoliv's dividend payout ratio is currently 34.70%.

Insider Activity

In other Autoliv news, CFO Fredrik Westin sold 1,803 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the sale, the chief financial officer now directly owns 7,261 shares in the company, valued at $720,218.59. This represents a 19.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Magnus Jarlegren sold 1,289 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the completion of the sale, the insider now directly owns 6,142 shares of the company's stock, valued at $607,013.86. The trade was a 17.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Daiwa Capital Markets raised shares of Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 price objective for the company in a research report on Tuesday, January 7th. TD Cowen initiated coverage on Autoliv in a report on Friday, March 7th. They set a "buy" rating and a $116.00 price target for the company. StockNews.com downgraded Autoliv from a "buy" rating to a "hold" rating in a research note on Thursday, April 3rd. Hsbc Global Res downgraded Autoliv from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, HSBC cut shares of Autoliv from a "buy" rating to a "hold" rating and decreased their target price for the stock from $109.00 to $100.00 in a research note on Tuesday, February 4th. Ten investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $115.93.

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.