Autoliv (NYSE:ALV) Coverage Initiated by Analysts at TD Cowen

Research analysts at TD Cowen started coverage on shares of Autoliv (NYSE:ALV - Get Free Report) in a report issued on Friday, MarketBeat.com reports. The firm set a "buy" rating and a $116.00 price target on the auto parts company's stock. TD Cowen's price target suggests a potential upside of 19.04% from the stock's current price.

Other equities analysts also recently issued reports about the company. StockNews.com raised Autoliv from a "hold" rating to a "buy" rating in a research note on Wednesday. Wells Fargo & Company dropped 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. Daiwa America raised Autoliv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 7th. Pareto Securities downgraded Autoliv to a "hold" rating in a research note on Monday, February 3rd. Finally, HSBC downgraded Autoliv from a "buy" rating to a "hold" rating and dropped their price target for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Autoliv has a consensus rating of "Moderate Buy" and an average price target of $117.14.

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Autoliv Price Performance

Shares of ALV traded up $0.17 during mid-day trading on Friday, hitting $97.45. The company's stock had a trading volume of 822,663 shares, compared to its average volume of 721,196. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The firm has a 50-day simple moving average of $96.51 and a 200 day simple moving average of $96.50. The firm has a market capitalization of $7.57 billion, a P/E ratio of 12.08, a P/E/G ratio of 0.73 and a beta of 1.59. Autoliv has a 1-year low of $89.51 and a 1-year high of $129.38.

Autoliv (NYSE:ALV - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating 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%. Analysts predict that Autoliv will post 9.51 EPS for the current fiscal year.

Insider Activity at Autoliv

In other Autoliv news, CFO Fredrik Westin sold 1,803 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $99.19, for a total transaction of $178,839.57. Following the completion of the sale, the chief financial officer now owns 7,261 shares of the company's stock, valued at approximately $720,218.59. The trade was a 19.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Magnus Jarlegren sold 1,289 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total value of $127,391.87. Following the sale, the insider now directly owns 6,142 shares of the company's stock, valued at approximately $607,013.86. This trade represents a 17.35 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,253 shares of company stock worth $915,534. 0.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Autoliv

Institutional investors have recently added to or reduced their stakes in the company. UMB Bank n.a. grew its position in Autoliv by 139.5% during the fourth quarter. UMB Bank n.a. now owns 273 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 159 shares during the period. AlphaQuest LLC boosted its position in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company's stock worth $29,000 after buying an additional 134 shares during the period. Fred Alger Management LLC purchased a new stake in shares of Autoliv in the third quarter worth about $45,000. Twin Tree Management LP purchased a new stake in shares of Autoliv in the fourth quarter worth about $50,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Autoliv in the fourth quarter worth about $57,000. Hedge funds and other institutional investors own 69.57% of the company's stock.

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.