Autoliv (ALV) Sets New 12-Month High and Low at $152.58

Autoliv (NYSE:ALV) hit a new 52-week high and low on Tuesday . The company traded as low as $152.58 and last traded at $152.51, with a volume of 200434 shares traded. The stock had previously closed at $151.18.

A number of equities research analysts have recently weighed in on ALV shares. Royal Bank of Canada lifted their price objective on Autoliv to $142.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 31st. ValuEngine upgraded Autoliv from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Societe Generale lowered Autoliv from a “hold” rating to a “sell” rating in a research report on Wednesday, February 28th. Longbow Research started coverage on Autoliv in a research report on Friday, January 5th. They issued a “buy” rating and a $155.00 price objective on the stock. Finally, Guggenheim reiterated a “hold” rating and issued a $135.00 price objective on shares of Autoliv in a research report on Wednesday, January 10th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Autoliv presently has an average rating of “Hold” and an average target price of $135.57.

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The company has a debt-to-equity ratio of 0.32, a current ratio of 1.58 and a quick ratio of 1.26. The firm has a market capitalization of $12,960.70, a P/E ratio of 23.26, a price-to-earnings-growth ratio of 2.08 and a beta of 1.28.

Autoliv (NYSE:ALV) last released its earnings results on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.74 by $0.29. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. The business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the previous year, the company posted $1.71 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. equities analysts anticipate that Autoliv will post 7.41 EPS for the current fiscal year.

In other Autoliv news, insider Johan Lofvenholm sold 280 shares of the business’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $143.30, for a total value of $40,124.00. Following the sale, the insider now directly owns 10,954 shares of the company’s stock, valued at $1,569,708.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.25% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. CIBC Asset Management Inc raised its stake in shares of Autoliv by 8.1% in the fourth quarter. CIBC Asset Management Inc now owns 4,728 shares of the auto parts company’s stock worth $601,000 after purchasing an additional 355 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Autoliv by 25.0% in the fourth quarter. Victory Capital Management Inc. now owns 2,058 shares of the auto parts company’s stock worth $262,000 after purchasing an additional 412 shares during the last quarter. Eqis Capital Management Inc. raised its stake in shares of Autoliv by 29.1% in the fourth quarter. Eqis Capital Management Inc. now owns 3,426 shares of the auto parts company’s stock worth $435,000 after purchasing an additional 773 shares during the last quarter. Xact Kapitalforvaltning AB raised its stake in shares of Autoliv by 6.4% in the fourth quarter. Xact Kapitalforvaltning AB now owns 13,106 shares of the auto parts company’s stock worth $1,666,000 after purchasing an additional 790 shares during the last quarter. Finally, Eagle Ridge Investment Management raised its stake in shares of Autoliv by 2.7% in the fourth quarter. Eagle Ridge Investment Management now owns 40,157 shares of the auto parts company’s stock worth $5,103,000 after purchasing an additional 1,039 shares during the last quarter. 35.54% of the stock is currently owned by institutional investors and hedge funds.

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Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The company operates through two segments, Passive Safety and Electronics. It offers modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, battery cable cutters, pedestrian protection systems, and child seats.

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