Aptiv PLC (NYSE:APTV – Get Rating) CEO Kevin P. Clark sold 6,665 shares of Aptiv stock in a transaction on Wednesday, March 8th. The shares were sold at an average price of $116.54, for a total transaction of $776,739.10. Following the completion of the transaction, the chief executive officer now owns 532,577 shares in the company, valued at $62,066,523.58. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Aptiv Trading Down 2.1 %
Shares of APTV stock opened at $111.08 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $30.10 billion, a price-to-earnings ratio of 56.96, a PEG ratio of 2.37 and a beta of 2.04. The firm has a 50-day moving average price of $110.33 and a 200 day moving average price of $99.79. Aptiv PLC has a twelve month low of $77.96 and a twelve month high of $129.18.
Aptiv (NYSE:APTV – Get Rating) last posted its quarterly earnings results on Thursday, February 2nd. The auto parts company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.19 by $0.08. The company had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Aptiv had a return on equity of 11.29% and a net margin of 3.40%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 EPS. Research analysts forecast that Aptiv PLC will post 4.37 earnings per share for the current fiscal year.
Institutional Trading of Aptiv
Wall Street Analyst Weigh In
A number of research firms have commented on APTV. Cowen raised their target price on Aptiv from $134.00 to $144.00 and gave the company an “outperform” rating in a report on Wednesday, February 15th. Oppenheimer reduced their target price on Aptiv from $159.00 to $152.00 and set an “outperform” rating for the company in a report on Friday, February 3rd. Guggenheim raised their target price on Aptiv from $138.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday, February 15th. Robert W. Baird raised their target price on Aptiv from $135.00 to $141.00 and gave the company an “outperform” rating in a report on Wednesday, February 15th. Finally, Barclays assumed coverage on Aptiv in a report on Tuesday, February 14th. They issued an “overweight” rating and a $150.00 target price for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.
Aptiv Plc is a technology and mobility architecture company, which engages in the business of designing and manufacturing vehicle components; providing electrical, electronic, and active safety technology solutions to the global automotive and commercial vehicle markets; and creating the software and hardware foundation for vehicle features and functionality.
- Get a free copy of the StockNews.com research report on Aptiv (APTV)
- What the SVB Financial Collapse Means for U.S. Banks
- MarketBeat Week in Review – 3/6 – 3/10
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.