In yesterday’s Wall Street session, Aptiv PLC (NYSE:APTV) shares traded at $70.83, down -1.75% from the previous session.
APTV stock price is now 1.03% away from the 50-day moving average and -8.81% away from the 200-day moving average. The market capitalization of the company currently stands at $18.82B.
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With the price target reduced from $78 to $63, Piper Sandler Downgraded its rating from Neutral to Underweight for Aptiv PLC (NYSE: APTV). On February 07, 2024, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $90 to quote $74, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, COOPER NANCY E, Director sold 394 shares of the company’s stock on Jun 12 ’24. The stock was sold for $30,330 at an average price of $76.98. Upon completion of the transaction, the Director now directly owns 13,636 shares in the company, valued at $0.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 13 ’24, Director COOPER NANCY E sold 399 shares of the business’s stock. A total of $29,941 was realized by selling the stock at an average price of $75.04. This leaves the insider owning 13,237 shares of the company worth $0.94 million. A total of 0.62% of the company’s stock is owned by insiders.
During the past 12 months, Aptiv PLC has had a low of $65.13 and a high of $104.72. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 1.49, and a quick ratio of 1.09. According to the stock market information, the enterprise value for the company is $24510787584, which is based on a 5.35 price-to-earnings ratio, a 0.19 price-to-earnings-growth ratio, and a beta of 1.79. The fifty day moving average price for APTV is $70.1218 and a two-hundred day moving average price translates $77.65485 for the stock.
The latest earnings results from Aptiv PLC (NYSE: APTV) was released for 2024-06-30. The net profit margin was 18.46% and return on equity was 35.65% for APTV. The company reported revenue of $5.05 billion for the quarter, compared to $5.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.87 percent.
