Autoliv (ALV) Earning Somewhat Positive Press Coverage, Report Shows

News coverage about Autoliv (NYSE:ALV) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Autoliv earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news coverage about the auto parts company an impact score of 46.2437415859239 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of brokerages have issued reports on ALV. Robert W. Baird upgraded Autoliv from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $137.00 to $192.00 in a research report on Wednesday, January 31st. BMO Capital Markets increased their price target on Autoliv from $152.00 to $175.00 and gave the stock an “outperform” rating in a research report on Monday. Cowen reiterated a “hold” rating and set a $139.00 price target on shares of Autoliv in a research report on Friday, January 19th. Piper Jaffray Companies set a $124.00 price target on Autoliv and gave the stock a “hold” rating in a research report on Friday, December 8th. Finally, Guggenheim reissued a “hold” rating and set a $150.00 target price on shares of Autoliv in a report on Wednesday, January 31st. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company. Autoliv presently has an average rating of “Hold” and a consensus price target of $125.25.

Autoliv (NYSE:ALV) traded up $3.22 during trading hours on Wednesday, hitting $145.15. The company had a trading volume of 508,070 shares, compared to its average volume of 668,689. Autoliv has a 12-month low of $96.08 and a 12-month high of $152.57. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.23 and a current ratio of 1.55. The firm has a market capitalization of $12,331.38, a PE ratio of 29.93, a PEG ratio of 2.10 and a beta of 1.32.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.74 by $0.29. Autoliv had a return on equity of 13.86% and a net margin of 4.11%. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.69 billion. During the same quarter last year, the firm earned $1.71 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. sell-side analysts forecast that Autoliv will post 7.37 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be issued a $0.60 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $2.40 annualized dividend and a dividend yield of 1.65%. Autoliv’s dividend payout ratio is presently 49.48%.

In related news, insider Johan Lofvenholm sold 3,965 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $128.00, for a total value of $507,520.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is currently owned by company insiders.

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About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Insider Buying and Selling by Quarter for Autoliv (NYSE:ALV)

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