As of Friday close, Autoliv Inc.’s (NYSE:ALV) stock was down -$2.51, moving down -2.79 percent to $87.38. The average number of shares traded per day over the past five days has been 3,846,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$4.31 fall in that time frame. In the last twenty days, the average volume was 1,996,815, while in the previous 50 days, it was 1,321,108.
Since last month, ALV stock retreated -2.76%. Shares of the company fell to $86.07 on 03/17/23, the lowest level in the past month. A 52-week high of $97.45 was reached on 03/06/23 after having rallying from a 52-week low of $65.74. Since the beginning of this year, ALV’s stock price has risen by 14.10% or $10.80, and marked a new high 14 times. However, the stock has declined by -10.33% since its 52-week high.
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Sponsored
ALV stock investors should be aware that Autoliv Inc. (ALV) stock had its last reported insider trading activity 12 days ago on Mar 06. Westin Fredrik, the of the company, disposed of 1,505 shares for $97.45 on Mar 06. It resulted in a $146,662 divestment by the insider. Bratt Mikael sold 1,154 shares at an average price of $90.17 on Feb 22. The insider now owns 13,321 shares following the transaction. On Feb 22, President, Autoliv Europe Oldorff Frithjof sold 392 shares at $90.17 apiece. The transaction was valued at $35,347.
Valuation Metrics
Right now, Autoliv Inc. (ALV) has a P/E ratio of about 18.01. The stock’s beta is 1.72. Besides these, the trailing price-to-sales (P/S) ratio of 0.87, the price-to-book (PB) ratio of 2.90.
The latest dividend of $0.66 per share was paid out, remained unchanged from last year’s $0.66. On Tuesday November 8 2022, a $0.02 dividend increase was announced.
Financial Health
In the three months ended December 30, Autoliv Inc.’s quick ratio stood at 0.80, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.40, and the total debt-to-equity ratio was 0.68. On the profitability front, the trailing twelve-month gross margin is 15.80% percent. In the year ended December 30, operating margins totaled 7.50%. Based on annual data, ALV earned $1.4 billion in gross profit and brought in $8.84 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.00%. Return on equity (ROE) for the past 12 months was 16.40%.
In Autoliv Inc.’s quarter-end financial report for December 30, it reported total debt of $1.05 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ALV’s revenue rose 9.29% to $2.3 billion during the quarter, while net income inched up to $2.34 billion. While analysts expected Autoliv Inc. to report $1.76 quarterly earnings, the actual figure was $1.83 per share, beating the consensus estimate by 4.00%. During the quarter, the company generated $318.0 million in EBITDA. The liabilities of Autoliv Inc. were 5.09 billion at the end of its most recent quarter ended December 30, and its total debt was $1.92 billion. The value of shareholders’ equity is $86.19 million.
Technical Picture
This quick technical analysis looks at Autoliv Inc.’s (ALV) price momentum. With a historical volatility rate of 34.49%, the RSI 9-day stood at 37.19% on 17 March.
With respect to its five-day moving average, the current Autoliv Inc. price is down by -4.70% percent or -$4.31. At present, ALV shares trade -2.12% below its 20-day simple moving average and +13.94% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.34% above its SMA50 and +9.12% above its SMA200.
Stochastic coefficient K was 22.64% and Stochastic coefficient D was 29.87%, while ATR was 3.05. Given the Stochastic reading of 12.57% for the 14-day period, the RSI (14) reading has been calculated as 42.08%. As of today, the MACD Oscillator reading stands at -2.80, while the 14-day reading stands at -3.85.
Analyst Ratings
Autoliv Inc. (ALV) has been rated Overweight by analysts. According to 2 brokerage firms, ALV is a sell, and 16 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Autoliv Inc. stock as buy, with 9 recommending it as overweight.
With a median target price of $96.00, the current consensus forecast for the stock is $80.35 – $130.00. Based on these forecasts, analysts predict Autoliv Inc. (ALV) will achieve an average price target of $98.20.