Autoliv Inc. (ALV) shares projected to rise by 22.04%

Autoliv Inc. [ALV] stock prices are down -1.08% to $92.21 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALV shares have lost -0.31% over the last week, with a monthly amount drifted -7.87%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On July 08, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $133 on the stock. UBS upgraded its rating to a Buy and raised its price target to $141 on May 28, 2024. Berenberg upgraded its rating to Buy for this stock on January 12, 2024, but kept the price target unchanged to $120. In a note dated January 04, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.

The stock price of Autoliv Inc. [ALV] has been fluctuating between $89.37 and $129.38 over the past year. Currently, Wall Street analysts expect the stock to reach $112.53 within the next 12 months. Autoliv Inc. [NYSE: ALV] shares were valued at $92.21 at the most recent close of the market. An investor can expect a potential return of 22.04% based on the average ALV price forecast.

Analyzing the ALV fundamentals

The Autoliv Inc. [NYSE:ALV] reported sales of 10.57B for trailing twelve months, representing a drop of -1.14%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.26 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.89.

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 91.24 points at the first support level, and at 90.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.90, and for the 2nd resistance point, it is at 93.60.

Ratios To Look Out For

It’s worth pointing out that Autoliv Inc. [NYSE:ALV]’s Current Ratio is 0.98. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 3.21 and price to earnings (TTM) ratio is 12.28.

Transactions by insiders

Recent insider trading involved Carlson Jan, Director, that happened on May 31 ’24 when 1900.0 shares were sold. President and CEO, Bratt Mikael completed a deal on Feb 21 ’24 to sell 4226.0 shares. Meanwhile, EVP Finance and CFO Westin Fredrik sold 1318.0 shares on Feb 21 ’24.

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