Autoliv Inc. (NYSE:ALV) finished Friday with a subtraction of -$3.58 to close at $93.14, a downside of -3.70 percent. An average of 616,040 shares of common stock have been traded in the last five days. There was a fall of -$6.94 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 878,980 shares traded, while the 50-day average volume stands at 881,620.
ALV stock has decreased by -0.18% in the last month. The company shares reached their 1-month lowest point of $91.42 on 07/17/23. With the stock rallying to its 52-week high on 07/21/23, shares of the company touched a low of $65.74 and a high of $103.99 in 52 weeks. It has reached a new high 15 times so far this year and achieved 21.62% or $16.56 in price. In spite of this, the price is down -10.43% from the 52-week high.
Insider Transactions
ALV stock investors should be aware that Autoliv Inc. (ALV) stock had its last reported insider trading activity 92 days ago on May 12. In this transaction, the insider spent $232,594., Westin Fredrik, disposed of 1,505 shares at a price of $97.45 on Mar 06. The insider now owns more than $146,662 worth of shares. Prior to that, Bratt Mikael went on to Sale 1,154 shares at $90.17 each on Feb 22. An amount of $104,056 was transacted.
Valuation Metrics
Autoliv Inc. (ALV) has a trailing price-to-earnings (P/E) ratio of 20.80. The stock’s beta is 1.73. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.82, the price-to-book (PB) ratio at 3.13, and the price-to-cash flow ratio at 39.36.
The company has a payout ratio of 58.40%. The company’s most recent quarterly dividend payment was $0.66 a share, without any change from last year. Its latest increase dividend $0.02 reported on Tuesday November 8 2022.
Financial Health
The quick ratio of Autoliv Inc. for the three months ended June 29 was 0.80, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.51 and a total debt to equity ratio of 0.70 for the quarter ending June 29. Autoliv Inc.’s EBITDA margin for the year ending June 29 is 10.51%, while its operating margin for the same period stands at 6.40%. Its gross profit as reported stood at $1.4 billion compared to revenue of $8.84 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Autoliv Inc.’s return on assets was 5.00%.
Earnings Surprise
For the three-month period that ended June 29, Autoliv Inc. had $1.6 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $74.0 million in the quarter, while revenues were shrunk -12.16%. The analyst consensus anticipated Autoliv Inc.’s latest quarter earnings to come in at $1.44 per share, but it turned out to be $1.93, a 34.00% surprise. For the quarter, EBITDA amounted to $189.0 million. Shareholders own equity worth $85.38 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Autoliv Inc. (ALV) price momentum. RSI 9-day as of the close on 11 August was 32.51%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.39%.
As of today, ALV’s price is $97.85 -6.93% or -$6.94 from its 5-day moving average. ALV is currently trading +0.57% higher than its 20-day SMA and +7.47% higher than its 100-day SMA. However, the stock’s current price level is +14.28% above the SMA50 and +17.62% above the SMA200.
The stochastic %K and %D were 3.82% and 25.49%, respectively, and the average true range (ATR) was 2.44. With the 14-day stochastic at 1.86% and the average true range at 2.34, the RSI (14) stands at 42.31%. The stock has reached -3.17 on the 9-day MACD Oscillator while the 14-day reading was at -3.61.
Analyst Ratings
Kepler upgraded Autoliv Inc. (NYSE: ALV) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Autoliv Inc. (ALV) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell ALV, while 14 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.
What is ALV’s price target for the next 12 months?
Analysts predict a range of price targets between $82.57 and $127.00, with a median target of $100.81. Taking a look at these predictions, the average price target given by analysts for Autoliv Inc. (ALV) stock is $104.42.
