Aptiv PLC (APTV) Receives Average Recommendation of “Buy” from Analysts

Shares of Aptiv PLC (NYSE:APTV) have been assigned an average rating of “Buy” from the twenty-four brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and nineteen have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $98.45.

A number of analysts have recently issued reports on the company. BMO Capital Markets lowered their price target on Aptiv to $96.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 2nd. They noted that the move was a valuation call. Zacks Investment Research raised Aptiv from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 6th. Longbow Research started coverage on Aptiv in a research note on Friday, January 5th. They set a “buy” rating and a $105.00 price objective on the stock. Berenberg Bank raised Aptiv from a “hold” rating to a “buy” rating in a research note on Wednesday, April 4th. Finally, Royal Bank of Canada boosted their price objective on Aptiv to $110.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd.

Shares of NYSE:APTV opened at $85.40 on Thursday. The company has a current ratio of 1.59, a quick ratio of 1.29 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $22,870.20, a PE ratio of 18.41, a PEG ratio of 1.25 and a beta of 1.49. Aptiv has a 1 year low of $61.73 and a 1 year high of $96.91.



Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, February 1st. The auto parts company reported $1.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.33 by ($0.05). The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.31 billion. Aptiv had a return on equity of 50.01% and a net margin of 8.27%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.83 earnings per share. research analysts anticipate that Aptiv will post 5.14 EPS for the current fiscal year.

In other Aptiv news, SVP David Paja sold 6,287 shares of Aptiv stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $92.08, for a total value of $578,906.96. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Frank J. Dellaquila bought 500 shares of Aptiv stock in a transaction on Friday, February 9th. The stock was acquired at an average price of $86.50 per share, for a total transaction of $43,250.00. The disclosure for this purchase can be found here. 0.32% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of APTV. Exxonmobil Investment Management Inc. TX purchased a new stake in shares of Aptiv in the 4th quarter valued at $3,586,000. American National Bank purchased a new stake in shares of Aptiv in the 4th quarter valued at $3,632,000. Appleton Partners Inc. MA purchased a new stake in shares of Aptiv in the 4th quarter valued at $823,000. Nisa Investment Advisors LLC purchased a new stake in shares of Aptiv in the 4th quarter valued at $1,857,000. Finally, Bremer Trust National Association purchased a new stake in shares of Aptiv in the 4th quarter valued at $1,914,000. Hedge funds and other institutional investors own 92.49% of the company’s stock.

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Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segments, Signal and Power Solutions; and Advanced Safety and User Experience.

Analyst Recommendations for Aptiv (NYSE:APTV)

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