Aptiv PLC (NYSE:APTV) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Aptiv PLC (NYSE:APTV) has been given a consensus recommendation of “Moderate Buy” by the nineteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $85.06.

A number of equities research analysts have weighed in on APTV shares. JPMorgan Chase & Co. lifted their price target on shares of Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Oppenheimer dropped their target price on shares of Aptiv from $147.00 to $83.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Barclays decreased their price target on Aptiv from $80.00 to $75.00 and set an “overweight” rating on the stock in a research note on Wednesday. Royal Bank of Canada dropped their price objective on Aptiv from $82.00 to $72.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Finally, StockNews.com initiated coverage on Aptiv in a research note on Wednesday. They set a “hold” rating on the stock.

Aptiv Stock Down 0.8 %

APTV stock opened at $63.40 on Monday. The firm has a market cap of $14.90 billion, a PE ratio of 7.08, a PEG ratio of 0.56 and a beta of 1.75. Aptiv has a one year low of $51.47 and a one year high of $88.89. 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 firm’s 50 day moving average price is $58.39 and its 200-day moving average price is $64.84.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.68 by $0.15. The business had revenue of $4.85 billion for the quarter, compared to analyst estimates of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company’s quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.30 EPS. On average, equities research analysts anticipate that Aptiv will post 6.15 EPS for the current year.

Hedge Funds Weigh In On Aptiv

Several large investors have recently bought and sold shares of APTV. Wolff Wiese Magana LLC boosted its position in shares of Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after acquiring an additional 155 shares in the last quarter. Mather Group LLC. lifted its stake in Aptiv by 36.9% during the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after purchasing an additional 176 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings 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 valued at $88,000 after purchasing an additional 176 shares in the last quarter. Boston Common Asset Management LLC increased its stake in Aptiv by 4.8% in the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock valued at $249,000 after purchasing an additional 188 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its holdings 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 worth $334,000 after purchasing an additional 218 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

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.