Autoliv (NYSE:ALV) Announces Earnings Results

Autoliv (NYSE:ALV) posted its earnings results on Friday. The auto parts company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.84 by $0.21, Zacks reports. Autoliv had a net margin of 5.98% and a return on equity of 30.85%.

Autoliv Trading Down 4.6 %

Shares of NYSE ALV opened at $96.67 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.69. Autoliv has a 12 month low of $89.51 and a 12 month high of $129.38. The company has a market cap of $7.51 billion, a price-to-earnings ratio of 12.59, a P/E/G ratio of 0.75 and a beta of 1.59. The business has a fifty day simple moving average of $96.63 and a 200-day simple moving average of $97.06.

Autoliv Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, December 3rd. This is a positive change from Autoliv’s previous quarterly dividend of $0.68. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.90%. Autoliv’s payout ratio is 36.46%.

Analyst Ratings Changes

ALV has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price objective on Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a report on Monday, December 16th. Daiwa Capital Markets raised Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target for the company in a research note on Tuesday, January 7th. StockNews.com upgraded shares of Autoliv from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Robert W. Baird increased their target price on shares of Autoliv from $103.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Finally, Barclays dropped their price target on shares of Autoliv from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $121.62.

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.