Evercore ISI Has Lowered Expectations for Aptiv (NYSE:APTV) Stock Price

Aptiv (NYSE:APTV - Free Report) had its target price cut by Evercore ISI from $105.00 to $95.00 in a research report report published on Monday morning,Benzinga reports. They currently have an outperform rating on the auto parts company's stock.

APTV has been the topic of several other research reports. Oppenheimer increased their target price on shares of Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Piper Sandler raised shares of Aptiv from an "underweight" rating to a "neutral" rating and increased their price objective for the stock from $53.00 to $65.00 in a research report on Thursday, January 23rd. StockNews.com began coverage on Aptiv in a research report on Friday, February 7th. They set a "hold" rating for the company. TD Cowen reduced their price target on Aptiv from $95.00 to $74.00 and set a "buy" rating on the stock in a report on Friday, November 1st. Finally, HSBC raised Aptiv from a "hold" rating to a "buy" rating and raised their price target for the stock from $63.00 to $77.00 in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $85.61.

Aptiv Trading Up 1.7 %

Shares of NYSE:APTV traded up $1.15 during trading on Monday, reaching $66.60. The company's stock had a trading volume of 1,397,311 shares, compared to its average volume of 3,334,483. The stock has a market capitalization of $15.65 billion, a PE ratio of 9.69, a price-to-earnings-growth ratio of 0.54 and a beta of 1.74. Aptiv has a 12 month low of $51.47 and a 12 month high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The firm's 50 day simple moving average is $60.75 and its two-hundred day simple moving average is $64.10.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, research analysts predict that Aptiv will post 7.14 EPS for the current fiscal year.

Institutional Trading of Aptiv

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wolff Wiese Magana LLC raised its position in shares of Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company's stock worth $36,000 after acquiring an additional 155 shares in the last quarter. Mather Group LLC. raised its holdings in Aptiv by 36.9% in the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company's stock worth $47,000 after purchasing an additional 176 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Aptiv by 16.8% during the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company's stock valued at $88,000 after buying an additional 176 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Aptiv by 11.4% in the 4th quarter. Covestor Ltd now owns 1,819 shares of the auto parts company's stock valued at $110,000 after buying an additional 186 shares in the last quarter. Finally, Boston Common Asset Management LLC grew its position in shares of Aptiv by 4.8% in the 4th quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company's stock worth $249,000 after buying an additional 188 shares during the last quarter. Institutional investors own 94.21% of the company's stock.

Aptiv Company Profile

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.