Aptiv PLC (NYSE:APTV) saw a downside of -1.19% to $106.07 after subtracting -$1.28 on Tuesday. The 5-day average trading volume is 1,570,279 shares of the company’s common stock. It has gained $110.00 in the past week and touched a new high 3 times within the past 5 days. An average of 1,444,705 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,747,134.
APTV’s 1-month performance is 14.57% or $14.64 on its low of $90.06 reached on 12/28/22. The company’s shares have touched a 52-week low of $77.96 and high of $147.05, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, APTV has achieved 15.27% or $12.77 and has reached a new high 11 times. However, the current price is down -27.87% from the 52-week high price.
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APTV stock investors last saw insider trading activity on Jan 05.CLARK KEVIN P (Chairman and CEO) most recently sold 6,665 shares at $95.83 per share on Jan 05. This transaction cost the insider $638,674. Chairman and CEO, CLARK KEVIN P, sold 6,665 shares at a price of $95.34 on Jan 04. Then, on Dec 14, Chairman and CEO CLARK KEVIN P sold 6,665 shares at a price of $97.06 per share. This transaction amounted to $646,895.
APTV stock has a beta of 2.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.66 while the price-to-book (PB) in the most recent quarter is 3.55, with the price to cash flow ratio at 185.88.
Aptiv PLC’s quick ratio for the period ended September 29 was 2.10, with the current ratio over the same period at 2.70. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.77, while the total debt to equity was 0.78. In terms of profitability, the gross margin trailing 12 months is 14.20%. The firm’s gross profit as reported stood at $2.44 billion against revenue of $15.62 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 69.93% to $286.0 million, while revenue of -$61.0 million was 121.33% off the previous quarter. Analysts expected APTV to announce $0.99 per share in earnings in its latest quarter, but it posted $1.28, representing a 29.30% surprise. EBITDA for the quarter stood at more than $663.0 million. APTV stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 11.59 billion, with total debt at $6.77 billion. Shareholders hold equity totaling $270.95 million.
Let’s look briefly at Aptiv PLC (APTV) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 70.29% to suggest the stock is trending Overbought, with historical volatility in this time period at 27.88%.
The stock’s 5-day moving average is $104.21, reflecting a +3.27% or $3.35 change from its current price. APTV is currently trading +16.37% above its 20-day SMA, +12.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +8.65% and SMA200 by-4.93%.
Stochastic %K and %D was 86.95% and 83.28% and the average true range (ATR) pointed at 4.21. The RSI (14) points at 65.62%, while the 14-day stochastic is at 74.39% with the period’s ATR at 3.79. The stock’s 9-day MACD Oscillator is pointing at 2.87 and 4.79 on the 14-day charts.
In the most recent analyst report for Aptiv PLC (NYSE: APTV), BofA Securities downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for APTV stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate APTV as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 15 have offered a “buy” rating.
What is APTV’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $77.00 and a high of $159.00, with their median price target at $120.50. Looking at these predictions, the average price target given by analysts is for Aptiv PLC (APTV) stock is $117.73.