Aptiv PLC (NYSE:APTV) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Aptiv PLC (NYSE:APTV) have been given an average rating of “Moderate Buy” by the twenty-four brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $85.61.

APTV has been the topic of several recent analyst reports. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Guggenheim restated a “buy” rating and issued a $73.00 target price on shares of Aptiv in a research note on Thursday, December 5th. Barclays boosted their target price on Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Finally, Argus upgraded Aptiv to a “strong-buy” rating in a research note on Tuesday, February 11th.

Aptiv Trading Up 1.4 %

NYSE:APTV opened at $67.59 on Friday. Aptiv has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The stock has a market capitalization of $15.51 billion, a PE ratio of 9.82, a price-to-earnings-growth ratio of 0.62 and a beta of 1.74. The business’s 50-day simple moving average is $61.67 and its 200-day simple moving average is $64.00.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Sell-side analysts expect that Aptiv will post 7.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA increased its holdings in shares of Aptiv by 11.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 14,289,126 shares of the auto parts company’s stock worth $864,206,000 after acquiring an additional 1,517,104 shares during the last quarter. FMR LLC increased its holdings in shares of Aptiv by 1.7% during the 4th quarter. FMR LLC now owns 7,775,251 shares of the auto parts company’s stock worth $470,247,000 after acquiring an additional 126,882 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Aptiv by 29.7% during the 4th quarter. Franklin Resources Inc. now owns 6,146,947 shares of the auto parts company’s stock worth $371,767,000 after acquiring an additional 1,408,433 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Aptiv by 1,390.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock worth $386,103,000 after acquiring an additional 5,002,090 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Aptiv by 6.1% during the 4th quarter. Victory Capital Management Inc. now owns 3,882,254 shares of the auto parts company’s stock worth $234,799,000 after acquiring an additional 223,831 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.