Aptiv (NYSE:APTV) Stock Rating Reaffirmed by Oppenheimer

Aptiv (NYSE:APTVGet Free Report)‘s stock had its “outperform” rating restated by analysts at Oppenheimer in a report issued on Tuesday, Benzinga reports. They presently have a $145.00 price target on the auto parts company’s stock. Oppenheimer’s target price indicates a potential upside of 108.27% from the company’s current price.

A number of other research firms also recently commented on APTV. UBS Group raised their price objective on Aptiv from $107.00 to $110.00 in a report on Monday, April 8th. Wells Fargo & Company decreased their target price on Aptiv from $83.00 to $82.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 25th. StockNews.com upgraded Aptiv from a “hold” rating to a “buy” rating in a research report on Thursday, July 4th. Guggenheim lifted their target price on Aptiv from $92.00 to $94.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Finally, Piper Sandler lowered Aptiv from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $78.00 to $63.00 in a research report on Wednesday, June 26th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $100.92.

Get Our Latest Research Report on Aptiv

Aptiv Stock Up 0.8 %

Aptiv stock opened at $69.62 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.29. The firm has a market capitalization of $18.94 billion, a price-to-earnings ratio of 6.56, a price-to-earnings-growth ratio of 0.67 and a beta of 1.79. Aptiv has a fifty-two week low of $65.13 and a fifty-two week high of $113.60. The stock’s fifty day moving average is $77.41 and its two-hundred day moving average is $78.67.

Aptiv (NYSE:APTVGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The auto parts company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.99 billion. Aptiv had a return on equity of 13.21% and a net margin of 14.87%. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. Analysts predict that Aptiv will post 6.01 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In other Aptiv news, Director Nancy E. Cooper sold 394 shares of Aptiv stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $76.98, for a total transaction of $30,330.12. Following the sale, the director now owns 13,636 shares of the company’s stock, valued at approximately $1,049,699.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.34% of the stock is owned by company insiders.

Institutional Trading of Aptiv

Hedge funds have recently added to or reduced their stakes in the business. Lido Advisors LLC raised its stake in shares of Aptiv by 24.1% in the 3rd quarter. Lido Advisors LLC now owns 3,700 shares of the auto parts company’s stock worth $365,000 after buying an additional 719 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of Aptiv in the 3rd quarter worth $85,000. Morgan Stanley raised its stake in shares of Aptiv by 6.0% in the 3rd quarter. Morgan Stanley now owns 3,302,280 shares of the auto parts company’s stock worth $325,572,000 after buying an additional 187,046 shares in the last quarter. Public Sector Pension Investment Board raised its stake in shares of Aptiv by 17.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 30,295 shares of the auto parts company’s stock worth $2,987,000 after buying an additional 4,393 shares in the last quarter. Finally, Banque Pictet & Cie SA raised its stake in shares of Aptiv by 1.0% in the 3rd quarter. Banque Pictet & Cie SA now owns 67,036 shares of the auto parts company’s stock worth $6,609,000 after buying an additional 670 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

(Get Free Report)

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.

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Analyst Recommendations for Aptiv (NYSE:APTV)

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