Autoliv, Inc. (ALV) To Go Ex-Dividend on March 7th

Autoliv, Inc. (NYSE:ALV) announced a quarterly dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Friday, March 7th will be paid a dividend of 0.70 per share by the auto parts company on Monday, March 24th. This represents a $2.80 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Friday, March 7th.

Autoliv has increased its dividend by an average of 13.4% annually over the last three years. Autoliv has a dividend payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Autoliv to earn $10.89 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 25.7%.

Autoliv Stock Down 1.7 %

Shares of Autoliv stock opened at $97.41 on Friday. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.96 and a quick ratio of 0.71. Autoliv has a 52-week low of $89.51 and a 52-week high of $129.38. The stock has a 50-day simple moving average of $95.74 and a 200-day simple moving average of $96.54.

Autoliv (NYSE:ALV) last announced its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. On average, equities research analysts expect that Autoliv will post 9.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ALV has been the subject of several analyst reports. StockNews.com upgraded Autoliv from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Daiwa Capital Markets upgraded Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price for the company in a report on Tuesday, January 7th. HSBC lowered Autoliv from a “buy” rating to a “hold” rating and reduced their target price for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Daiwa America upgraded Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Finally, Pareto Securities lowered Autoliv to a “hold” rating in a report on Monday, February 3rd. Nine equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Autoliv currently has an average rating of “Moderate Buy” and a consensus target price of $117.23.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.