Stocks of Autoliv Inc. (NYSE:ALV) traded higher last session on Wall Street, up 1.08% to $125.73.
ALV stock price is now 4.14% away from the 50-day moving average and 17.77% away from the 200-day moving average. The market capitalization of the company currently stands at $10.23B.
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With the price target maintained at $120, Berenberg recently Upgraded its rating from Hold to Buy for Autoliv Inc. (NYSE: ALV). , while ‘Kepler’ rates the stock as ‘Buy’
In other news, Bratt Mikael, President and CEO sold 4,226 shares of the company’s stock on Feb 21 ’24. The stock was sold for $463,677 at an average price of $109.72. Upon completion of the transaction, the President and CEO now directly owns 17,547 shares in the company, valued at $2.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’24, EVP Finance and CFO Westin Fredrik sold 1,318 shares of the business’s stock. A total of $144,888 was realized by selling the stock at an average price of $109.93. This leaves the insider owning 5,458 shares of the company worth $0.69 million. A total of 0.29% of the company’s stock is owned by insiders.
During the past 12 months, Autoliv Inc. has had a low of $79.66 and a high of $127.21. As of last week, the company has a debt-to-equity ratio of 0.95, a current ratio of 1.10, and a quick ratio of 0.82. According to the stock market information, the enterprise value for the company is $11993421824, which is based on a 19.57 price-to-earnings ratio, a 1.09 price-to-earnings-growth ratio, and a beta of 1.65. The fifty day moving average price for ALV is $120.8128 and a two-hundred day moving average price translates $106.89585 for the stock.
The latest earnings results from Autoliv Inc. (NYSE: ALV) was released for 2024-03-31. According to the Auto Parts Company, earnings per share came in at 1.93, beating analysts’ expectations of 1.44 by 0.49. This compares to $0.87 EPS in the same period last year. The net profit margin was 5.10% and return on equity was 21.36% for ALV. The company reported revenue of $2.62 billion for the quarter, compared to $2.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.89 percent. For the current quarter, analysts expect ALV to generate $2.77B in revenue.
Autoliv Inc.(ALV) 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. The company also provides mobility safety solutions, such as pedestrian protection, battery cut-off switches, connected safety services, and safety solutions for riders of powered two wheelers. It primarily serves car manufacturers. Autoliv, Inc. was founded in 1953 and is headquartered in Stockholm, Sweden.
