Analysts Set Autoliv, Inc. (NYSE:ALV) Price Target at $124.14

Shares of Autoliv, Inc. (NYSE:ALV - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the sixteen brokerages that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $124.14.

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $116.00 price objective on shares of Autoliv in a research report on Tuesday, September 10th. HSBC assumed coverage on shares of Autoliv in a research report on Monday, July 15th. They set a "buy" rating and a $134.00 target price on the stock. StockNews.com downgraded shares of Autoliv from a "buy" rating to a "hold" rating in a research note on Monday. Bank of America reduced their price objective on shares of Autoliv from $137.00 to $134.00 and set a "buy" rating on the stock in a research note on Thursday, October 3rd. Finally, Barclays lowered their target price on Autoliv from $115.00 to $110.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 15th.

Autoliv Stock Performance

ALV traded up $0.59 during trading on Tuesday, hitting $97.39. The stock had a trading volume of 966,529 shares, compared to its average volume of 703,090. Autoliv has a one year low of $89.37 and a one year high of $129.38. The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 15.19, a P/E/G ratio of 0.82 and a beta of 1.60. The company has a 50 day moving average price of $96.58 and a 200-day moving average price of $107.24. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.98 and a quick ratio of 0.73.

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 analysts' consensus estimates of $2.00 by ($0.16). Autoliv had a return on equity of 30.05% and a net margin of 5.91%. The firm had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the company posted $1.66 EPS. The business's revenue was down 1.6% on a year-over-year basis. As a group, research analysts predict that Autoliv will post 8.44 EPS for the current year.

Autoliv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.79%. Autoliv's dividend payout ratio (DPR) is presently 42.43%.

Institutional Trading of Autoliv

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Swedbank AB grew its stake in Autoliv by 8.7% in the third quarter. Swedbank AB now owns 2,567,281 shares of the auto parts company's stock valued at $239,707,000 after acquiring an additional 205,241 shares during the period. Dimensional Fund Advisors LP grew its position in Autoliv by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,316,874 shares of the auto parts company's stock valued at $140,892,000 after purchasing an additional 40,957 shares during the period. Mondrian Investment Partners LTD increased its stake in Autoliv by 21.8% during the 2nd quarter. Mondrian Investment Partners LTD now owns 1,160,076 shares of the auto parts company's stock valued at $117,330,000 after purchasing an additional 207,521 shares in the last quarter. Caxton Associates LP raised its holdings in Autoliv by 121.9% during the first quarter. Caxton Associates LP now owns 686,622 shares of the auto parts company's stock worth $82,690,000 after buying an additional 377,233 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Autoliv by 130.2% in the second quarter. AQR Capital Management LLC now owns 498,575 shares of the auto parts company's stock valued at $53,111,000 after buying an additional 281,956 shares in the last quarter. 69.57% of the stock is owned by institutional investors.

Autoliv Company Profile

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.