Aptiv (NYSE:APTV) Issues Quarterly Earnings Results

Aptiv (NYSE:APTV) announced its quarterly earnings results on Tuesday. The auto parts company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.09, FiscalAI reports. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.17 billion. Aptiv had a return on equity of 17.10% and a net margin of 1.17%. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the firm earned $2.17 EPS.

Here are the key takeaways from Aptiv’s conference call:

• Aptiv reported 2% adjusted revenue growth to $3.2 billion in Q3, while adjusted EBITDA margin fell 140 basis points to 18% due to product mix, lower software revenue, commodity pressures, and growth investments.
• New business awards reached more than $13 billion year to date, including strong growth in China exports, European Intelligent Systems bookings, and non-automotive markets such as data centers, robotics, drones, energy storage, and aerospace and defense.
• Aptiv plans to repurchase at least $650 million of stock in 2026 and return 100% of free cash flow to shareholders through at least the end of 2027, reflecting management’s view that the shares are undervalued.
• Management is taking a cautious view of 2027 because of semiconductor and memory-chip inflation, tariffs, supply-chain disruptions, vehicle affordability pressures, and weaker production at two German luxury OEMs; the company expects a flat to slightly positive year before revenue growth reaccelerates in 2028.
• Aptiv is evaluating its business and product portfolio and plans to provide an update in the first quarter of 2027, while continuing to invest in non-automotive growth and supply-chain resilience.

Aptiv Price Performance

NYSE:APTV opened at $41.23 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Aptiv has a 52 week low of $41.11 and a 52 week high of $88.93. The stock’s 50-day moving average price is $44.42 and its 200-day moving average price is $59.55. The stock has a market capitalization of $8.56 billion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 0.86 and a beta of 1.43.

Analyst Upgrades and Downgrades

APTV has been the subject of several analyst reports. Royal Bank Of Canada decreased their price objective on Aptiv from $78.00 to $77.00 and set an “outperform” rating for the company in a report on Monday, October 12th. UBS Group dropped their target price on Aptiv from $62.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Argus set a $64.00 price target on Aptiv in a research report on Thursday, August 13th. Barclays reduced their price target on Aptiv from $65.00 to $60.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. Finally, Evercore reissued an “outperform” rating and issued a $70.00 price target on shares of Aptiv in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $72.60.

Trending Headlines about Aptiv

Here are the key news stories impacting Aptiv this week:

• Positive Sentiment: Q3 adjusted earnings were $1.42 per share, above the $1.33 consensus, while revenue of $3.20 billion also exceeded estimates. Aptiv highlighted growth in Engineered Components, including non-automotive markets. Aptiv Q3 earnings and revenues top estimates
• Positive Sentiment: Aptiv set a $20 billion bookings target for 2026 and plans to return 100% of free cash flow to shareholders through 2027, offering a potential boost to confidence in future demand and capital returns. Aptiv outlines bookings target and capital-return plan
• Negative Sentiment: The earnings beat is tempered by weaker year-over-year results: revenue rose about 2.3%, but EPS fell from $2.17 a year earlier. Reports also point to margin pressure and a lackluster, cautious profit outlook for 2027, which may overshadow the quarter’s upside surprises. Aptiv’s Q3 results overshadowed by profit outlook

Aptiv Company Profile

Aptiv PLC (NYSE: APTV) is a global automotive technology company that develops systems and software intended to make vehicles safer, more connected and increasingly automated. Its solutions are used by automakers in passenger vehicles and commercial vehicles worldwide.

The company’s product portfolio includes advanced driver-assistance and active-safety systems, vehicle computing platforms, infotainment and connectivity technologies, automated-driving solutions, and electrical and electronic distribution systems.