Autoliv (ALV) to Release Quarterly Earnings on Wednesday

Autoliv (NYSE:ALVGet Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, April 16th. Analysts expect the company to announce earnings of $1.70 per share and revenue of $2.50 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Autoliv (NYSE:ALVGet Free Report) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. On average, analysts expect Autoliv to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Autoliv Stock Performance

Autoliv stock opened at $76.61 on Wednesday. Autoliv has a fifty-two week low of $75.49 and a fifty-two week high of $129.38. The stock’s 50 day simple moving average is $92.77 and its two-hundred day simple moving average is $94.94. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.71 and a current ratio of 0.96. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 0.73 and a beta of 1.47.

Autoliv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 7th were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date was Friday, March 7th. Autoliv’s payout ratio is presently 34.70%.

Analyst Ratings Changes

A number of equities analysts have issued reports on ALV shares. Mizuho decreased their price objective on Autoliv from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Cowen assumed coverage on shares of Autoliv in a research note on Thursday, March 6th. They issued a “buy” rating for the company. Daiwa America raised shares of Autoliv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Wells Fargo & Company cut their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Finally, TD Cowen assumed coverage on shares of Autoliv in a research note on Friday, March 7th. They set a “buy” rating and a $116.00 target price for the company. Ten research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $117.14.

Read Our Latest Stock Report on Autoliv

Insider Buying and Selling at Autoliv

In other Autoliv news, CFO Fredrik Westin sold 1,803 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $99.19, for a total transaction of $178,839.57. Following the transaction, the chief financial officer now owns 7,261 shares in the company, valued at approximately $720,218.59. This represents a 19.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Magnus Jarlegren sold 1,289 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $98.83, for a total transaction of $127,391.87. Following the sale, the insider now directly owns 6,142 shares in the company, valued at approximately $607,013.86. The trade was a 17.35 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,253 shares of company stock worth $915,534. Insiders own 0.20% of the company’s stock.

About Autoliv

(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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Earnings History for Autoliv (NYSE:ALV)

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