Analysts Set Expectations for Delphi Automotive PLC’s FY2017 Earnings (APTV)

Delphi Automotive PLC (NYSE:APTV) – Research analysts at Jefferies Group issued their FY2017 earnings estimates for Delphi Automotive in a research note issued to investors on Monday. Jefferies Group analyst D. Kelley forecasts that the auto parts company will post earnings per share of $4.29 for the year. Jefferies Group has a “Buy” rating and a $100.00 price objective on the stock. Jefferies Group also issued estimates for Delphi Automotive’s Q4 2017 earnings at $1.26 EPS, Q1 2018 earnings at $1.23 EPS, Q2 2018 earnings at $1.29 EPS, Q3 2018 earnings at $1.27 EPS, Q4 2018 earnings at $1.42 EPS, FY2018 earnings at $5.22 EPS, FY2019 earnings at $6.07 EPS and FY2020 earnings at $6.92 EPS.

Delphi Automotive (NYSE:APTV) last issued its earnings results on Thursday, November 2nd. The auto parts company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.56 by $0.10. The company had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Delphi Automotive had a net margin of 8.00% and a return on equity of 57.92%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.50 EPS.

APTV has been the topic of several other reports. BidaskClub raised shares of Delphi Automotive from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Morgan Stanley initiated coverage on shares of Delphi Automotive in a report on Tuesday, December 5th. They set an “underweight” rating and a $64.00 target price on the stock. Bank of America initiated coverage on shares of Delphi Automotive in a research note on Wednesday, December 6th. They issued a “neutral” rating and a $57.00 price objective on the stock. Goldman Sachs Group initiated coverage on shares of Delphi Automotive in a research note on Tuesday, December 5th. They issued a “buy” rating and a $57.00 price objective on the stock. Finally, Piper Jaffray Companies set a $105.00 price objective on shares of Delphi Automotive and gave the company a “buy” rating in a research note on Friday, December 8th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $87.30.

Delphi Automotive (APTV) opened at $84.98 on Wednesday. The company has a market cap of $22,827.67, a P/E ratio of 12.65, a PEG ratio of 1.68 and a beta of 1.39. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 1.35. Delphi Automotive has a 12-month low of $55.98 and a 12-month high of $89.66.

The company also recently announced a Not Available dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be issued a $0.22 dividend. The ex-dividend date is Friday, February 2nd. Delphi Automotive’s dividend payout ratio is 29.04%.

In related news, Director Frank J. Dellaquila purchased 1,000 shares of the stock in a transaction dated Friday, December 15th. The stock was purchased at an average price of $83.88 per share, with a total value of $83,880.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Bernd Wiedemann sold 17,000 shares of Delphi Automotive stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $101.54, for a total value of $1,726,180.00. Following the completion of the transaction, the director now directly owns 7,975 shares of the company’s stock, valued at approximately $809,781.50. The disclosure for this sale can be found here. Insiders sold 33,975 shares of company stock worth $3,437,370 in the last 90 days. Company insiders own 0.31% of the company’s stock.

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About Delphi Automotive

Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.

Earnings History and Estimates for Delphi Automotive (NYSE:APTV)

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