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

Posted by MarketBeat News on Aug 4th, 2022

Aptiv PLC (NYSE:APTV – Get Rating) has been assigned a consensus recommendation of “Moderate Buy” from the twenty analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $156.42.

APTV has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of Aptiv from $137.00 to $136.00 in a research report on Monday, July 18th. Barclays cut their price target on shares of Aptiv from $184.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, April 7th. Wells Fargo & Company cut their price target on shares of Aptiv from $112.00 to $102.00 and set an “equal weight” rating on the stock in a research report on Monday, July 11th. Cowen cut their price target on shares of Aptiv from $150.00 to $144.00 in a research report on Friday, May 6th. Finally, Cowen cut their price target on shares of Aptiv from $150.00 to $144.00 in a research report on Friday, May 6th.

Insider Transactions at Aptiv

In other news, SVP William T. Presley sold 2,000 shares of the stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $108.52, for a total value of $217,040.00. Following the completion of the sale, the senior vice president now owns 45,681 shares of the company’s stock, valued at approximately $4,957,302.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, SVP William T. Presley sold 2,000 shares of the stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $108.52, for a total value of $217,040.00. Following the completion of the sale, the senior vice president now owns 45,681 shares of the company’s stock, valued at approximately $4,957,302.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Kevin P. Clark sold 6,665 shares of the stock in a transaction that occurred on Wednesday, July 13th. The shares were sold at an average price of $89.36, for a total value of $595,584.40. Following the completion of the sale, the chief executive officer now directly owns 639,217 shares of the company’s stock, valued at approximately $57,120,431.12. The disclosure for this sale can be found here. Insiders sold 15,370 shares of company stock valued at $1,547,492 in the last ninety days. 0.41% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Aptiv

Hedge funds have recently added to or reduced their stakes in the business. Tyler Stone Wealth Management acquired a new stake in Aptiv during the 4th quarter valued at $27,000. Hanson & Doremus Investment Management lifted its holdings in Aptiv by 137.4% during the 1st quarter. Hanson & Doremus Investment Management now owns 216 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 125 shares during the last quarter. MCF Advisors LLC lifted its holdings in shares of Aptiv by 1,204.5% during the fourth quarter. MCF Advisors LLC now owns 287 shares of the auto parts company’s stock worth $47,000 after buying an additional 265 shares in the last quarter. Karlinski Andrew C acquired a new stake in shares of Aptiv during the first quarter worth $38,000. Finally, Glassman Wealth Services acquired a new stake in shares of Aptiv during the fourth quarter worth $56,000. Institutional investors and hedge funds own 91.08% of the company’s stock.

Aptiv Stock Performance

Aptiv stock opened at $109.74 on Thursday. The company has a current ratio of 2.60, a quick ratio of 2.04 and a debt-to-equity ratio of 0.76. Aptiv has a 1 year low of $84.14 and a 1 year high of $180.81. The company has a market cap of $29.73 billion, a PE ratio of 92.22, a PEG ratio of 2.45 and a beta of 2.00. The company’s 50-day moving average is $97.49 and its two-hundred day moving average is $110.74.

Aptiv (NYSE:APTV – Get Rating) last released its earnings results on Thursday, May 5th. The auto parts company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. Aptiv had a net margin of 2.43% and a return on equity of 7.23%. The company had revenue of $4.18 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same period in the prior year, the company posted $1.06 EPS. The company’s revenue was up 3.9% compared to the same quarter last year. Equities analysts anticipate that Aptiv will post 3.97 earnings per share for the current year.

Aptiv Company Profile

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Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle's electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems.