Stock analysts at StockNews.com assumed coverage on shares of Aptiv (NYSE:APTV - Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a "hold" rating on the auto parts company's stock.
A number of other brokerages have also recently weighed in on APTV. Royal Bank of Canada lifted their price objective on shares of Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Evercore ISI lowered their price target on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Monday, February 10th. Oppenheimer boosted their price target on shares of Aptiv from $83.00 to $85.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. TD Cowen assumed coverage on shares of Aptiv in a report on Friday. They set a "buy" rating and a $90.00 price target for the company. Finally, Robert W. Baird upgraded shares of Aptiv from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $75.00 to $82.00 in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $86.50.
Read Our Latest Report on Aptiv
Shares of APTV opened at $64.40 on Tuesday. Aptiv has a 1-year low of $51.47 and a 1-year high of $85.56. The stock has a market cap of $14.78 billion, a PE ratio of 9.36, a P/E/G ratio of 0.62 and a beta of 1.78. The firm has a 50-day simple moving average of $63.42 and a two-hundred day simple moving average of $63.66. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07.
Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, analysts forecast that Aptiv will post 7.2 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the business. Brown Brothers Harriman & Co. raised its position in Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company's stock valued at $32,000 after purchasing an additional 409 shares during the last quarter. Picton Mahoney Asset Management purchased a new stake in Aptiv in the 4th quarter valued at $37,000. Brooklyn Investment Group purchased a new stake in Aptiv in the 3rd quarter valued at $43,000. CENTRAL TRUST Co raised its position in Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock valued at $52,000 after purchasing an additional 677 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new stake in Aptiv in the 3rd quarter valued at $64,000. Hedge funds and other institutional investors own 94.21% of the company's stock.
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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