Autoliv, Inc. (NYSE:ALV) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Autoliv, Inc. (NYSE:ALV - Get Free Report) have received a consensus rating of "Moderate Buy" from the fifteen analysts that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $122.46.

Several analysts have weighed in on ALV shares. Barclays dropped their price target on Autoliv from $115.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Tuesday, October 15th. Robert W. Baird upped their price objective on shares of Autoliv from $103.00 to $108.00 and gave the company a "neutral" rating in a report on Monday, October 21st. Bank of America reduced their target price on shares of Autoliv from $137.00 to $134.00 and set a "buy" rating for the company in a report on Thursday, October 3rd. StockNews.com lowered shares of Autoliv from a "buy" rating to a "hold" rating in a report on Wednesday, December 25th. Finally, Wells Fargo & Company reduced their price objective on Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research note on Monday, December 16th.

Institutional Investors Weigh In On Autoliv

A number of institutional investors have recently added to or reduced their stakes in ALV. JPMorgan Chase & Co. lifted its holdings in Autoliv by 38.3% during the third quarter. JPMorgan Chase & Co. now owns 276,315 shares of the auto parts company's stock valued at $25,800,000 after purchasing an additional 76,510 shares in the last quarter. Virtu Financial LLC purchased a new position in Autoliv in the 3rd quarter valued at about $1,684,000. Fortem Financial Group LLC acquired a new stake in Autoliv in the 3rd quarter worth about $609,000. Neo Ivy Capital Management increased its stake in Autoliv by 226.6% during the 3rd quarter. Neo Ivy Capital Management now owns 19,842 shares of the auto parts company's stock worth $1,852,000 after buying an additional 13,766 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Autoliv by 10.8% during the third quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company's stock valued at $92,221,000 after acquiring an additional 95,888 shares during the last quarter. Institutional investors and hedge funds own 69.57% of the company's stock.

Autoliv Stock Up 1.1 %

Autoliv stock traded up $0.98 during trading hours on Friday, reaching $93.29. The stock had a trading volume of 403,917 shares, compared to its average volume of 454,159. Autoliv has a 52 week low of $89.51 and a 52 week high of $129.38. The business's 50 day moving average price is $96.49 and its 200-day moving average price is $98.33. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.71. The company has a market cap of $7.25 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 0.90 and a beta of 1.59.

Autoliv (NYSE:ALV - Get Free Report) last issued its quarterly earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.16). Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the business posted $1.66 EPS. Autoliv's revenue was down 1.6% compared to the same quarter last year. Sell-side analysts anticipate that Autoliv will post 8.19 EPS for the current year.

Autoliv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 3.00%. This is an increase from Autoliv's previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Tuesday, December 3rd. Autoliv's dividend payout ratio is presently 36.46%.

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.