Autoliv, Inc. (NYSE:ALV) Receives $117.23 Average Price Target from Analysts

Autoliv, Inc. (NYSE:ALV) has been assigned a consensus recommendation of “Moderate Buy” from the seventeen analysts that are covering the company, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $117.23.

Several equities research analysts have recently issued reports on the company. Pareto Securities downgraded Autoliv to a “hold” rating in a research report on Monday, February 3rd. Mizuho lowered their price target on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Wells Fargo & Company lowered their price target on Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research report on Monday, December 16th. HSBC downgraded Autoliv from a “buy” rating to a “hold” rating and decreased their target price for the stock from $109.00 to $100.00 in a research report on Tuesday, February 4th. Finally, Hsbc Global Res downgraded Autoliv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th.

Autoliv Stock Performance

Shares of ALV opened at $98.13 on Monday. The company has a market capitalization of $7.63 billion, a PE ratio of 12.16, a price-to-earnings-growth 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 one year low of $89.51 and a one year high of $129.38. The company’s fifty day moving average price is $96.03 and its 200 day moving average price is $96.62.

Autoliv (NYSE:ALV) last issued 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%. As a group, analysts expect that Autoliv will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, March 7th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.85%. Autoliv’s payout ratio is presently 34.70%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Autoliv during the 4th quarter worth approximately $165,000. Two Sigma Advisers LP boosted its position in shares of Autoliv by 2.5% during the 4th quarter. Two Sigma Advisers LP now owns 44,600 shares of the auto parts company’s stock worth $4,183,000 after acquiring an additional 1,100 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its position in shares of Autoliv by 1.3% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 61,398 shares of the auto parts company’s stock worth $5,759,000 after acquiring an additional 800 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Autoliv by 10.9% during the 4th quarter. Royal Bank of Canada now owns 144,844 shares of the auto parts company’s stock worth $13,584,000 after acquiring an additional 14,180 shares in the last quarter. Finally, Raiffeisen Bank International AG acquired a new stake in shares of Autoliv during the 4th quarter worth approximately $155,000. Institutional investors and hedge funds own 69.57% of the company’s stock.

About Autoliv

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.