Delphi Technologies (DLPH) to Release Quarterly Earnings on Thursday

Delphi Technologies (NYSE:DLPH) is set to announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.91 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

DLPH stock opened at $17.61 on Thursday. The company has a debt-to-equity ratio of 4.09, a current ratio of 1.55 and a quick ratio of 1.11. Delphi Technologies has a 1-year low of $13.18 and a 1-year high of $53.78. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 3.42, a price-to-earnings-growth ratio of 3.08 and a beta of 2.01.

Several analysts have weighed in on DLPH shares. Bank of America upgraded shares of Delphi Technologies from an “underperform” rating to a “neutral” rating and set a $36.00 target price for the company in a research note on Tuesday, October 23rd. Wells Fargo & Co reiterated a “buy” rating on shares of Delphi Technologies in a research note on Wednesday, November 7th. Robert W. Baird lowered their target price on shares of Delphi Technologies from $35.00 to $28.00 and set an “in-line” rating for the company in a research note on Thursday, November 8th. Barclays set a $25.00 target price on shares of Delphi Technologies and gave the company a “buy” rating in a research note on Thursday, November 8th. Finally, Royal Bank of Canada lowered their target price on shares of Delphi Technologies from $32.00 to $23.00 and set an “outperform” rating for the company in a research note on Thursday, November 8th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $33.44.

In other news, Director Robin J. Adams purchased 5,000 shares of the stock in a transaction dated Friday, November 16th. The stock was acquired at an average price of $16.79 per share, for a total transaction of $83,950.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Helmut Leube purchased 3,500 shares of the stock in a transaction dated Wednesday, December 12th. The shares were purchased at an average price of $15.98 per share, with a total value of $55,930.00. The disclosure for this purchase can be found here. Insiders have bought 28,810 shares of company stock valued at $1,051,103 in the last 90 days. Insiders own 0.12% of the company’s stock.

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Delphi Technologies Company Profile

Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.

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