Analysts expect Aptiv PLC (NYSE:APTV) to post $3.48 billion in sales for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Aptiv’s earnings. The highest sales estimate is $3.52 billion and the lowest is $3.43 billion. Aptiv posted sales of $3.63 billion during the same quarter last year, which suggests a negative year over year growth rate of 4.1%. The company is scheduled to report its next earnings results on Wednesday, May 1st.

On average, analysts expect that Aptiv will report full year sales of $14.97 billion for the current financial year, with estimates ranging from $14.90 billion to $15.11 billion. For the next fiscal year, analysts anticipate that the business will post sales of $15.93 billion, with estimates ranging from $15.37 billion to $16.33 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow Aptiv.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, January 31st. The auto parts company reported $1.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.13. The company had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Aptiv had a net margin of 7.39% and a return on equity of 37.39%.

Several brokerages have issued reports on APTV. Buckingham Research lowered Aptiv from a “buy” rating to a “neutral” rating and set a $81.96 target price for the company. in a research note on Monday. Cowen reaffirmed a “buy” rating on shares of Aptiv in a research note on Monday, February 4th. Barclays raised their price target on Aptiv to $90.00 and gave the stock an “overweight” rating in a research note on Friday, February 1st. Jefferies Financial Group started coverage on Aptiv in a report on Tuesday, December 4th. They issued a “buy” rating and a $100.00 price objective for the company. Finally, BMO Capital Markets increased their price objective on Aptiv from $84.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, February 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $91.94.

APTV traded down $0.93 during midday trading on Monday, hitting $81.03. The stock had a trading volume of 99,209 shares, compared to its average volume of 1,935,611. The firm has a market cap of $20.92 billion, a P/E ratio of 15.40, a P/E/G ratio of 1.20 and a beta of 1.80. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 0.95. Aptiv has a 1 year low of $58.80 and a 1 year high of $103.23.

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 20th. Stockholders of record on Wednesday, February 6th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Tuesday, February 5th. Aptiv’s dividend payout ratio (DPR) is presently 16.73%.

In related news, SVP Majdi Abulaban sold 25,130 shares of the stock in a transaction on Thursday, February 14th. The shares were sold at an average price of $80.00, for a total transaction of $2,010,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.32% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisor Partners LLC boosted its holdings in Aptiv by 3.5% during the 4th quarter. Advisor Partners LLC now owns 4,183 shares of the auto parts company’s stock worth $258,000 after acquiring an additional 143 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Aptiv by 10.4% in the fourth quarter. Great West Life Assurance Co. Can now owns 1,724 shares of the auto parts company’s stock worth $107,000 after purchasing an additional 163 shares during the last quarter. OLD Second National Bank of Aurora increased its position in shares of Aptiv by 0.7% in the fourth quarter. OLD Second National Bank of Aurora now owns 26,727 shares of the auto parts company’s stock worth $1,646,000 after purchasing an additional 174 shares during the last quarter. ETF Managers Group LLC increased its position in shares of Aptiv by 15.6% in the fourth quarter. ETF Managers Group LLC now owns 1,530 shares of the auto parts company’s stock worth $94,000 after purchasing an additional 207 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its position in shares of Aptiv by 49.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 730 shares of the auto parts company’s stock worth $44,000 after purchasing an additional 240 shares during the last quarter. Institutional investors and hedge funds own 93.57% of the company’s stock.

Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Earnings History and Estimates for Aptiv (NYSE:APTV)

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