Aptiv PLC (NYSE:APTV) Receives $82.50 Consensus Target Price from Analysts

Aptiv PLC (NYSE:APTV) has received an average rating of “Moderate Buy” from the twenty-four analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and twenty-two have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $82.50.

A number of equities analysts recently commented on the company. Fox Advisors dropped their price target on Aptiv from $110.00 to $70.00 in a research note on Friday, May 8th. JPMorgan Chase & Co. lowered their target price on Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Zacks Research raised shares of Aptiv from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. UBS Group reduced their price target on shares of Aptiv from $97.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, TD Cowen reaffirmed a “buy” rating on shares of Aptiv in a report on Friday, June 12th.

Aptiv Trading Up 0.0%

APTV stock opened at $56.56 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.11 and a quick ratio of 1.57. Aptiv has a 1-year low of $51.68 and a 1-year high of $88.93. The business has a 50 day simple moving average of $61.80 and a two-hundred day simple moving average of $67.73. The company has a market capitalization of $11.97 billion, a price-to-earnings ratio of 33.47, a PEG ratio of 1.05 and a beta of 1.46.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.09. The firm had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $5.03 billion. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 earnings per share. Research analysts anticipate that Aptiv will post 5.93 EPS for the current fiscal year.

Insider Transactions at Aptiv

In other Aptiv news, EVP Katherine H. Ramundo sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total transaction of $156,600.00. Following the sale, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.06% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of APTV. Westpac Banking Corp boosted its holdings in Aptiv by 6.6% during the 4th quarter. Westpac Banking Corp now owns 1,905 shares of the auto parts company’s stock valued at $145,000 after acquiring an additional 118 shares during the period. Sivia Capital Partners LLC increased its stake in Aptiv by 3.3% in the 4th quarter. Sivia Capital Partners LLC now owns 3,734 shares of the auto parts company’s stock worth $284,000 after buying an additional 120 shares during the period. Advisors Asset Management Inc. lifted its holdings in Aptiv by 4.2% during the 4th quarter. Advisors Asset Management Inc. now owns 3,559 shares of the auto parts company’s stock valued at $271,000 after buying an additional 143 shares in the last quarter. Benjamin Edwards Inc. boosted its position in Aptiv by 0.5% in the 4th quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company’s stock valued at $2,642,000 after buying an additional 156 shares during the period. Finally, Unified Investment Management grew its stake in Aptiv by 1.3% in the 4th quarter. Unified Investment Management now owns 12,384 shares of the auto parts company’s stock worth $942,000 after acquiring an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.