Aptiv (NYSE:APTV) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Aptiv (NYSE:APTV - Get Free Report) in a research note issued on Sunday. The firm set a "hold" rating on the auto parts company's stock.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. lifted their target price on Aptiv from $107.00 to $113.00 and gave the stock an "overweight" rating in a report on Monday, October 21st. Fox Advisors lowered Aptiv from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, October 1st. Robert W. Baird dropped their price target on shares of Aptiv from $85.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, November 1st. Morgan Stanley lowered their price objective on shares of Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a research report on Thursday, November 14th. Finally, Wolfe Research assumed coverage on shares of Aptiv in a research report on Thursday, September 5th. They issued an "outperform" rating and a $89.00 target price for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $84.29.

Aptiv Stock Up 0.4 %

Shares of Aptiv stock traded up $0.27 during trading on Friday, hitting $60.34. The company's stock had a trading volume of 1,961,611 shares, compared to its average volume of 3,230,274. Aptiv has a 52 week low of $51.47 and a 52 week high of $91.66. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The company has a fifty day simple moving average of $58.53 and a two-hundred day simple moving average of $66.09. The company has a market capitalization of $14.18 billion, a PE ratio of 6.73, a P/E/G ratio of 0.59 and a beta of 1.78.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The firm had revenue of $4.85 billion for the quarter, compared to analysts' expectations of $5.10 billion. During the same period in the previous year, the firm posted $1.30 EPS. The business's revenue for the quarter was down 5.1% compared to the same quarter last year. Equities research analysts predict that Aptiv will post 6.15 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC increased its holdings in shares of Aptiv by 44.3% in the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company's stock worth $36,000 after purchasing an additional 155 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Aptiv by 6.2% during the 2nd quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company's stock worth $189,000 after acquiring an additional 156 shares in the last quarter. Mather Group LLC. boosted its position in shares of Aptiv by 36.9% during the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company's stock valued at $47,000 after acquiring an additional 176 shares during the last quarter. Farther Finance Advisors LLC increased its position in Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company's stock worth $88,000 after purchasing an additional 176 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its stake in Aptiv by 4.9% during the third quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company's stock valued at $334,000 after purchasing an additional 218 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors.

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.