Autoliv (NYSE:ALV - Get Free Report) released its earnings results on Friday. The auto parts company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.21, Zacks reports. Autoliv had a return on equity of 28.62% and a net margin of 6.21%.
Autoliv Price Performance
Shares of Autoliv stock traded up $0.33 during trading on Tuesday, reaching $94.24. 821,958 shares of the company's stock were exchanged, compared to its average volume of 748,443. The firm's 50-day moving average price is $96.48 and its 200 day moving average price is $96.77. The company has a market cap of $7.32 billion, a P/E ratio of 11.68, a PEG ratio of 0.72 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. Autoliv has a 1-year low of $89.51 and a 1-year high of $129.38.
Autoliv Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.97%. 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 payout ratio is presently 34.70%.
Analysts Set New Price Targets
ALV has been the subject of several analyst reports. Barclays decreased their price objective on Autoliv from $115.00 to $110.00 and set an "equal weight" rating for the company in a report on Tuesday, October 15th. Wells Fargo & Company lowered their target price on shares of Autoliv from $101.00 to $97.00 and set an "equal weight" rating for the company in a research note on Monday, December 16th. Daiwa Capital Markets raised Autoliv from a "neutral" rating to an "outperform" rating and set a $109.00 target price for the company in a research note on Tuesday, January 7th. Robert W. Baird increased their price target on shares of Autoliv from $103.00 to $108.00 and gave the stock a "neutral" rating in a research note on Monday, October 21st. Finally, Mizuho decreased their price objective on shares of Autoliv from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Monday. Seven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Autoliv presently has an average rating of "Moderate Buy" and a consensus price target of $117.23.
View Our Latest Stock Analysis on Autoliv
About Autoliv
(
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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.
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