Autoliv Inc. [ALV] stock is trading at $122.13, up 1.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALV shares have gain 3.52% over the last week, with a monthly amount glided 10.09%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, Autoliv: Board of Directors approves renewal of EMTN Programme. In a post published today on Yahoo Finance, The Funding Committee of the Board of Directors of Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb) (the “Company”) approved on March 5, 2024 the renewal for one year of its €3,000,000,000 guaranteed euro medium term note programme (the “EMTN Programme”), which was originally established on 11 April 2019.
From an analyst’s perspective:
Autoliv Inc. [NYSE: ALV] stock has seen the most recent analyst activity on January 12, 2024, when Berenberg upgraded its rating to a Buy but kept the price target unchanged to $120 for it. Previously, Wolfe Research downgraded its rating to Peer Perform on January 04, 2024. On May 11, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $105 on the stock. Barclays initiated its recommendation with a Equal Weight and recommended $100 as its price target on February 15, 2023. UBS downgraded its rating to Neutral for this stock on December 07, 2022, and upped its price target to $86. In a note dated June 28, 2022, Exane BNP Paribas upgraded an Neutral rating on this stock but restated the target price of $86.
Autoliv Inc. [ALV] stock has fluctuated between $79.66 and $120.25 over the past year. Currently, Wall Street analysts expect the stock to reach $99.08 within the next 12 months. Autoliv Inc. [NYSE: ALV] shares were valued at $122.13 at the most recent close of the market. An investor can expect a potential drop of -18.87% based on the average ALV price forecast.
Analyzing the ALV fundamentals
Autoliv Inc. [NYSE:ALV] reported sales of 10.47B for the trailing twelve months, which represents a growth of 17.82%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.19 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 120.89 points at the first support level, and at 119.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.93, and for the 2nd resistance point, it is at 123.74.
Autoliv Inc. [ALV] reported earnings per share of $3.74 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.27/share, meaning a difference of $0.47 and a surprise factor of 14.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.66 per share as compared to estimates of $1.85 per share, a difference of -$0.19 representing a surprise of -10.30%.
Ratios To Look Out For
For context, Autoliv Inc.’s Current Ratio is 0.98. In addition, the Quick Ratio stands at 0.73 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 3.95 and price to earnings (TTM) ratio is 21.19.
Transactions by insiders
Recent insider trading involved Bratt Mikael, President and CEO, that happened on Feb 21 ’24 when 4226.0 shares were sold. EVP Finance and CFO, Westin Fredrik completed a deal on Feb 21 ’24 to sell 1318.0 shares. Meanwhile, President, Autoliv Europe Jarlegren Magnus sold 975.0 shares on Feb 21 ’24.
