Autoliv (ALV) Scheduled to Post Earnings on Friday

Autoliv (NYSE:ALV) is scheduled to be releasing its earnings data before the market opens on Friday, October 18th. Analysts expect Autoliv to post earnings of $2.41 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, July 19th. The auto parts company reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.73 billion. Autoliv had a net margin of 5.91% and a return on equity of 30.05%. Autoliv’s revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the company posted $1.93 EPS. On average, analysts expect Autoliv to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Autoliv Stock Down 0.9 %

Shares of Autoliv stock opened at $93.70 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.98 and a debt-to-equity ratio of 0.67. Autoliv has a 12-month low of $89.37 and a 12-month high of $129.38. The firm has a market capitalization of $7.62 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 0.82 and a beta of 1.60. The stock’s fifty day moving average is $96.55 and its 200-day moving average is $108.24.

Autoliv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date was Wednesday, September 4th. Autoliv’s dividend payout ratio is presently 42.43%.

Analyst Ratings Changes

Several brokerages have issued reports on ALV. HSBC began coverage on shares of Autoliv in a research note on Monday, July 15th. They set a “buy” rating and a $134.00 target price on the stock. Hsbc Global Res raised Autoliv to a “strong-buy” rating in a research note on Monday, July 15th. Evercore ISI dropped their target price on Autoliv from $150.00 to $140.00 and set an “outperform” rating on the stock in a report on Monday, July 22nd. Wolfe Research initiated coverage on shares of Autoliv in a report on Thursday, September 5th. They set an “outperform” rating and a $120.00 price target for the company. Finally, Robert W. Baird lowered their price objective on shares of Autoliv from $128.00 to $111.00 and set a “neutral” rating on the stock in a research report on Monday, July 22nd. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $124.43.

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.