Autoliv (ALV) Set to Announce Quarterly Earnings on Friday

Autoliv (NYSE:ALV) will announce its earnings results before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $1.43 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, January 26th. The auto parts company reported $3.74 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.37. The firm had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. Autoliv had a net margin of 4.66% and a return on equity of 27.13%. The firm’s revenue was up 17.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.83 earnings per share. On average, analysts expect Autoliv to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Stock Up 0.6 %

Shares of NYSE:ALV opened at $117.99 on Wednesday. The firm’s 50 day moving average price is $117.08 and its 200 day moving average price is $107.46. The stock has a market cap of $9.61 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 0.76 and a beta of 1.72. Autoliv has a fifty-two week low of $79.66 and a fifty-two week high of $124.38. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.52.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 12th were issued a $0.68 dividend. The ex-dividend date was Monday, March 11th. This represents a $2.72 annualized dividend and a yield of 2.31%. Autoliv’s dividend payout ratio (DPR) is 47.30%.

Analyst Ratings Changes

Several analysts recently weighed in on ALV shares. Barclays raised their target price on shares of Autoliv from $107.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Wolfe Research cut shares of Autoliv from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 4th. JPMorgan Chase & Co. raised their price objective on shares of Autoliv from $117.00 to $129.00 and gave the stock a “neutral” rating in a report on Monday. StockNews.com raised shares of Autoliv from a “hold” rating to a “buy” rating in a report on Saturday, January 20th. Finally, Wells Fargo & Company raised their price objective on shares of Autoliv from $101.00 to $107.00 and gave the stock an “equal weight” rating in a report on Monday, January 29th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $117.82.

Insider Transactions at Autoliv

In other news, VP Mikael Hagstrom sold 327 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total transaction of $35,868.63. Following the transaction, the vice president now directly owns 327 shares in the company, valued at $35,868.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, VP Mikael Hagstrom sold 327 shares of Autoliv stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.69, for a total value of $35,868.63. Following the transaction, the vice president now directly owns 327 shares in the company, valued at approximately $35,868.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mikael Bratt sold 4,226 shares of Autoliv stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $109.72, for a total transaction of $463,676.72. Following the completion of the transaction, the chief executive officer now owns 17,547 shares in the company, valued at $1,925,256.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,388 shares of company stock worth $921,757. Insiders own 0.24% of the company’s stock.

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.