Autoliv (NYSE:ALV) Price Target Raised to $107.00

Autoliv (NYSE:ALVFree Report) had its price objective raised by Barclays from $105.00 to $107.00 in a research note issued to investors on Tuesday, Benzinga reports. They currently have an equal weight rating on the auto parts company’s stock.

A number of other equities analysts have also recently issued reports on ALV. The Goldman Sachs Group increased their target price on Autoliv from $126.00 to $142.00 and gave the stock a buy rating in a report on Thursday, October 26th. Mizuho increased their price objective on shares of Autoliv from $106.00 to $115.00 and gave the stock a buy rating in a research note on Friday, January 5th. Danske downgraded shares of Autoliv from a buy rating to a hold rating in a research note on Friday, October 6th. Wolfe Research downgraded shares of Autoliv from an outperform rating to a peer perform rating in a research note on Thursday, January 4th. Finally, StockNews.com upgraded shares of Autoliv from a hold rating to a buy rating in a research note on Saturday, January 20th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and an average target price of $112.18.

Check Out Our Latest Stock Analysis on ALV

Autoliv Stock Up 3.6 %

NYSE:ALV opened at $111.00 on Tuesday. The stock’s fifty day moving average price is $105.14 and its two-hundred day moving average price is $99.61. Autoliv has a 52-week low of $79.66 and a 52-week high of $111.30. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.73 and a current ratio of 0.98. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 19.30, a P/E/G ratio of 0.42 and a beta of 1.72.

Autoliv (NYSE:ALVGet Free Report) last issued its earnings results on Friday, January 26th. The auto parts company reported $3.74 EPS for the quarter, beating the consensus estimate of $3.37 by $0.37. Autoliv had a net margin of 4.66% and a return on equity of 27.13%. The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter in the previous year, the company posted $1.83 EPS. The business’s revenue for the quarter was up 17.8% compared to the same quarter last year. On average, analysts anticipate that Autoliv will post 9.8 EPS for the current year.

Autoliv Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Tuesday, November 28th were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date was Monday, November 27th. This is a positive change from Autoliv’s previous quarterly dividend of $0.66. Autoliv’s payout ratio is 47.30%.

Hedge Funds Weigh In On Autoliv

A number of hedge funds have recently modified their holdings of the business. Park Place Capital Corp bought a new stake in Autoliv in the second quarter valued at $25,000. Rise Advisors LLC increased its position in shares of Autoliv by 84.1% during the fourth quarter. Rise Advisors LLC now owns 267 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 122 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of Autoliv during the third quarter worth about $46,000. New York State Common Retirement Fund bought a new stake in shares of Autoliv during the first quarter worth about $49,000. Finally, CWM LLC increased its position in shares of Autoliv by 43.5% during the second quarter. CWM LLC now owns 683 shares of the auto parts company’s stock worth $58,000 after acquiring an additional 207 shares in the last quarter. Institutional investors and hedge funds own 56.70% of the company’s stock.

Autoliv Company Profile

(Get Free Report)

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.

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