When it comes to investing in the company’s stock, Bloomberg reports that the twenty rating agencies that cover Aptiv PLC (NYSE: APTV) have suggested that a “Moderate Buy” is the best action to take to achieve the best possible results. Conversely, one equity research analyst recommended that investors sell the stock, and two suggested that investors maintain the current holdings.
Eleven equity research analysts recommended that investors purchase the stock. According to the forecasts made by the analysts who have published findings on the firm in the most recent year, its share price will be $151.47 annually during the following year. The value of one Aptiv (NYSE: APTV) share will rise shortly. APTV was the subject of concentrated attention from several research firms over the final three months of this year.
In a research note published on August 5, Deutsche Bank Aktiengesellschaft recommended purchasing shares of Aptiv. They maintained their “buy” recommendation for the company even though they decreased their price target for the stock from $136.00 to $132.00. In a research report that was released on Friday, May 6, Robert W. Baird lowered their price objective on Aptiv shares from $155.00 to $140.00 in a research report that was The analysis was published online.
In a research report published on August 11, Morgan Stanley downgraded the “overweight” rating that it had previously assigned to Aptiv. In addition, Morgan Stanley dropped their price objective for the stock from $149.00 to $120.00, bringing it closer to the current price. This information was included in research made available to the public on Monday, August 8. In a report, Oppenheimer said that they changed their “outperform” rating and price target for Aptiv shares from $172.00 to $152.00.
On Thursday, July 28, Bloomberg ultimately changed the “sell” recommendation it had previously placed on Aptiv’s stock to a “hold” one. Earlier, Bloomberg had given the firm a “sell” rating. In addition, on Monday, June 6, Senior Vice President William T. Presley sold 2,000 of the company’s shares of stock. As a result, the number of traded shares resulted in total revenue of $217,040.00, and the price paid for each share was an average of $108.52.
The senior vice president is responsible for 45,681 shares of the corporation, and the combined value of those shares is around $4,957,302.12 at the moment. Additional information regarding Aptiv includes the decision made by Chief Executive Officer Kevin P. Clark to sell 6,665 shares of the company’s stock on Tuesday, August 23.
There was a sale of shares amounting to 644,905.40 dollars, and the price paid for each share was an average of $96.76. Following the conclusion of the transaction, the Chief Executive Officer will have direct ownership of 625,887 shares of the company. The total value of these shares will be $60,560,826.12 once the transaction has been completed.
The SEC was notified of the transaction. In addition, on Monday, June 6, Senior Vice President William T. Presley sold 2,000 of the company’s shares of stock. The amount of stock sold came to a total of $217,040.00, and the price of $108.52 per share was determined to be the average selling price.
Business insiders have sold 22,035 shares over the past three months for $2,192,398 for a total profit of $2,192,398. A total of 0.41% of the outstanding shares of stock in the company are held by company insiders. In addition, several well-known investors have been active in the firm’s stock market throughout the past several months, buying and selling company shares. During the last three months of 2018, Blueprint Investment Partners LLC was able to amass an additional 9.5% of Aptiv shares, bringing its total to 100%.
After purchasing an additional 72 shares during the relevant period, Blueprint Investment Partners LLC now has 832 shares of the auto parts company’s stock, currently valued at $137,000. That brings the total number of shares owned by the business to 832 (up from 722 before). In addition, during the final three months of 2018, Steward Partners Investment Advisory LLC boosted the total number of shares of Aptiv, which is owned by 8.5%. As a result, the investment advisory firm Steward Partners Investment Advisory LLC now owns 1,219 shares of the auto parts company after buying an extra 96 shares over the period.
These shares are currently worth $201,000 at the current market price. During the final three months of 2018, Sierra Capital LLC acquired 9.1 percent of Aptiv’s shares. As a result of the purchase of an additional 97 shares throughout the period, Sierra Capital LLC now possesses 1,168 shares in the auto parts firm. These shares are currently worth the company’s combined sum of $193,000. In addition, Winfield Associates Inc. boosted the proportion of Aptiv shares it owned by 0.8% during the fourth quarter of 2018.
Winfield Associates Inc. now has 13,285 shares of the auto parts company’s stock, which are currently valued at $2,191,000 after purchasing an additional 100 shares during the quarter. That brings the total number of shares owned by the firm to 13,285. Last but not least, during the first three months of 2018, the Louisiana State Employees Retirement System increased the amount of Aptiv shares it owned by 0.6%. That brings us to our final point. After buying 100 more shares in the auto parts company during the last quarter, the Louisiana State Employees Retirement System now has 17,100 shares.
That brings the total number of shares it has in the company to 17,100. These shares are currently worth a total of $1,899,000 as of right now. The stock is owned by hedge funds and other institutional investors, holding 91.08% of the outstanding shares. Other institutional investors also own some of the stock. APTV had a starting price of $94.55 on Monday. The stock price has a moving average of fifty days of $97.58, while the cost of the stock has a moving average of two hundred days of $106.08. The company is now worth $25.62 billion on the stock market, and it has the following ratios: 225.12 P/E, 2.79 PEG, and 2.00 beta.
The debt to equity ratio is 0.78, much lower than the current ratio of 2.63 and the quick ratio of 2.04, respectively. On August 4, the most recent report of Aptiv’s financial results was made public and may be found on the NYSE under the ticker symbol APTV. The auto parts business reported a quarterly profit of $0.22 per share, which was $0.36 less than the median estimate of $0.58 per share.
Aptiv successfully achieved a return on equity of 6.01% and a net margin of 1.10% in their business. The company announced that its revenue for the quarter was $4.10 billion, which was significantly better than the average expectation of $4.08 billion. Compared to the prior year’s results for the same quarter, the company’s earnings per share came in at $0.60. The revenue of Aptiv rose by 7.7% compared to the same period last year in the third quarter of this year.
Aptiv is expected to generate earnings of $3.19 per share during the current fiscal year, according to the projections made by equity analysts that do research. Aptiv PLC is in charge of the worldwide production of automotive components, their research and development, and the distribution of such products. In addition, the organization provides solutions in electrical engineering, electronic engineering, and safety technology.
These solutions are beneficial to the automotive and commercial vehicle industries. Its principal areas of operation are “enhanced safety and user experience” and “signal and power solutions,” respectively. In addition, these products include engineered component products.