Analysts Anticipate Autoliv Inc. (ALV) to Announce $1.81 EPS

Analysts expect that Autoliv Inc. (NYSE:ALV) will report earnings of $1.81 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Autoliv’s earnings. The lowest EPS estimate is $1.76 and the highest is $1.84. Autoliv reported earnings of $1.65 per share in the same quarter last year, which would suggest a positive year over year growth rate of 9.7%. The firm is scheduled to announce its next earnings results on Friday, April 27th.

On average, analysts expect that Autoliv will report full-year earnings of $7.41 per share for the current financial year, with EPS estimates ranging from $6.77 to $7.80. For the next fiscal year, analysts forecast that the business will report earnings of $8.77 per share, with EPS estimates ranging from $8.15 to $9.50. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Autoliv.

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Autoliv (NYSE:ALV) last issued its earnings results on Tuesday, January 30th. The auto parts company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.74 by $0.29. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.69 billion. Autoliv had a return on equity of 13.84% and a net margin of 4.11%. Autoliv’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $1.71 earnings per share.

Several brokerages recently commented on ALV. Susquehanna Bancshares set a $137.00 target price on Autoliv and gave the stock a “hold” rating in a research report on Wednesday, March 14th. Citigroup raised their target price on Autoliv from $129.00 to $154.00 and gave the stock a “neutral” rating in a research report on Monday, March 5th. They noted that the move was a valuation call. ValuEngine cut Autoliv from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $138.00 target price on shares of Autoliv in a research report on Tuesday, January 30th. Finally, Barclays raised their target price on Autoliv from $94.00 to $106.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 31st. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $134.86.

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

A number of institutional investors have recently added to or reduced their stakes in ALV. Strs Ohio increased its stake in shares of Autoliv by 13.1% in the fourth quarter. Strs Ohio now owns 13,429 shares of the auto parts company’s stock valued at $1,706,000 after buying an additional 1,552 shares in the last quarter. HCR Wealth Advisors acquired a new stake in shares of Autoliv in the third quarter valued at $424,000. Schwab Charles Investment Management Inc. increased its stake in shares of Autoliv by 4.9% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 184,535 shares of the auto parts company’s stock valued at $23,451,000 after buying an additional 8,561 shares in the last quarter. FNY Partners Fund LP increased its stake in shares of Autoliv by 31.8% in the third quarter. FNY Partners Fund LP now owns 10,616 shares of the auto parts company’s stock valued at $1,312,000 after buying an additional 2,561 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Autoliv by 106.0% in the third quarter. JPMorgan Chase & Co. now owns 3,956 shares of the auto parts company’s stock valued at $488,000 after buying an additional 2,036 shares in the last quarter. Hedge funds and other institutional investors own 35.51% of the company’s stock.

Shares of Autoliv (NYSE:ALV) traded up $0.37 during mid-day trading on Tuesday, reaching $148.53. The company had a trading volume of 225,268 shares, compared to its average volume of 641,705. The company has a market capitalization of $13,053.76, a PE ratio of 30.62, a P/E/G ratio of 2.21 and a beta of 1.32. Autoliv has a 52-week low of $96.08 and a 52-week high of $152.57. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.26 and a current ratio of 1.58.

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About Autoliv

Autoliv, Inc is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

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