Autoliv (ALV) to Release Earnings on Friday

Autoliv (NYSE:ALV) will release 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

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

Autoliv Stock Performance

Shares of ALV stock opened at $92.84 on Thursday. The company’s 50-day moving average is $96.51 and its 200 day moving average is $108.05. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.73 and a current ratio of 0.98. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 0.82 and a beta of 1.60. Autoliv has a one year low of $89.37 and a one year high of $129.38.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Wednesday, September 4th were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend was Wednesday, September 4th. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

Analyst Ratings Changes

Several equities analysts have recently commented on ALV shares. Bank of America cut their price target on Autoliv from $137.00 to $134.00 and set a “buy” rating on the stock in a research note on Thursday, October 3rd. Robert W. Baird dropped their target price on shares of Autoliv from $128.00 to $111.00 and set a “neutral” rating for the company in a report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $116.00 price objective on shares of Autoliv in a research report on Tuesday, September 10th. Wolfe Research initiated coverage on shares of Autoliv in a research note on Thursday, September 5th. They set an “outperform” rating and a $120.00 target price for the company. Finally, HSBC began coverage on shares of Autoliv in a report on Monday, July 15th. They issued a “buy” rating and a $134.00 target price on the stock. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Autoliv currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.43.

Autoliv Company Profile

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.