Aptiv PLC (NYSE:APTV) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Aptiv PLC (NYSE:APTVGet Free Report) have been given a consensus rating of “Moderate Buy” by the thirteen analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $108.31.

A number of brokerages have commented on APTV. Barclays lowered their target price on Aptiv from $112.00 to $110.00 and set an “overweight” rating on the stock in a research note on Thursday, April 11th. Wells Fargo & Company reduced their target price on shares of Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. JPMorgan Chase & Co. increased their price target on shares of Aptiv from $109.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 7th. Morgan Stanley lowered shares of Aptiv from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $90.00 to $74.00 in a research note on Wednesday, February 7th. Finally, Royal Bank of Canada decreased their price objective on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating for the company in a report on Thursday, February 1st.

Read Our Latest Stock Report on Aptiv

Aptiv Price Performance

NYSE APTV opened at $82.83 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42. Aptiv has a 1 year low of $68.84 and a 1 year high of $113.60. The company has a market cap of $22.53 billion, a PE ratio of 7.81, a PEG ratio of 0.84 and a beta of 1.90. The stock’s 50-day moving average price is $76.68 and its two-hundred day moving average price is $80.23.

Aptiv (NYSE:APTVGet Free Report) last announced its earnings results on Thursday, May 2nd. The auto parts company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.11. Aptiv had a net margin of 14.87% and a return on equity of 13.21%. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the business earned $0.91 EPS. The company’s revenue was up 1.1% on a year-over-year basis. On average, analysts predict that Aptiv will post 6 EPS for the current year.

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 18,680 shares of Aptiv stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the transaction, the senior vice president now owns 95,211 shares in the company, valued at $7,396,942.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.34% of the stock is owned by insiders.

Institutional Trading of Aptiv

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Riverview Trust Co acquired a new stake in Aptiv in the first quarter worth $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Aptiv in the 4th quarter valued at approximately $29,000. Hazlett Burt & Watson Inc. bought a new stake in Aptiv in the 1st quarter valued at approximately $28,000. GAMMA Investing LLC acquired a new position in Aptiv during the 4th quarter worth approximately $32,000. Finally, Clearstead Trust LLC raised its holdings in shares of Aptiv by 305.0% in the first quarter. Clearstead Trust LLC now owns 405 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 305 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Aptiv

(Get Free Report

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.

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Analyst Recommendations for Aptiv (NYSE:APTV)

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