As of Thursday close, Aptiv PLC’s (NYSE:APTV) stock was down -$3.95, moving down -3.88 percent to $97.90. The average number of shares traded per day over the past five days has been 2,093,880 shares. 2 times new highs have been achieved over the past 5 days, with a -$4.39 fall in that time frame. In the last twenty days, the average volume was 1,795,840, while in the previous 50 days, it was 1,781,280.
Since last month, APTV stock rose 1.84%. Shares of the company fell to $95.57 on 08/23/23, the lowest level in the past month. A 52-week high of $124.88 was reached on 02/15/23 after having rallying from a 52-week low of $77.96. Since the beginning of this year, APTV’s stock price has risen by 5.12% or $4.77, and marked a new high 16 times. However, the stock has declined by -21.60% since its 52-week high.
APTV stock investors should be aware that Aptiv PLC (APTV) stock had its last reported insider trading activity 7 days ago on Sep 15. Massaro Joseph R, the CFO and SVP, Business Ops of the company, disposed of 1,900 shares for $101.87 on Sep 15. It resulted in a $193,553 divestment by the insider. CLARK KEVIN P sold 6,665 shares at an average price of $89.98 on May 25. The insider now owns 554,799 shares following the transaction. On May 24, Chairman and CEO CLARK KEVIN P sold 6,665 shares at $90.40 apiece. The transaction was valued at $602,498.
Valuation Metrics
Right now, Aptiv PLC (APTV) has a P/E ratio of about 29.75. The stock’s beta is 2.04. Besides these, the trailing price-to-sales (P/S) ratio of 1.43, the price-to-book (PB) ratio of 2.89, and the price-to-cash flow ratio of 27.23 may also be considered.
The latest dividend of $0.22 per share was paid out, remained unchanged from last year’s $0.22.
Financial Health
In the three months ended June 29, Aptiv PLC’s quick ratio stood at 1.20, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.70, and the total debt-to-equity ratio was 0.71. On the profitability front, the trailing twelve-month gross margin is 16.80% percent. In the year ended June 29, EBITDA margin amounted to 12.03%, whereas operating margins totaled 8.20%. Based on annual data, APTV earned $2.63 billion in gross profit and brought in $17.49 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 7.10%. Return on equity (ROE) for the past 12 months was 10.20%.
In Aptiv PLC’s quarter-end financial report for June 29, it reported total debt of $6.48 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. APTV’s revenue rose 21.98% to $4.82 billion during the quarter, while net income inched up to $5.2 billion. While analysts expected Aptiv PLC to report $1.01 quarterly earnings, the actual figure was $1.25 per share, beating the consensus estimate by 23.80%. During the quarter, the company generated $637.0 million in EBITDA. The liabilities of Aptiv PLC were 12.67 billion at the end of its most recent quarter ended June 29, and its total debt was $7.0 billion. The value of shareholders’ equity is $282.82 million.
Technical Picture
This quick technical analysis looks at Aptiv PLC’s (APTV) price momentum. With a historical volatility rate of 34.83%, the RSI 9-day stood at 36.08% on 21 September.
With respect to its five-day moving average, the current Aptiv PLC price is down by -4.29% percent or -$4.39. At present, APTV shares trade -0.18% below its 20-day simple moving average and -4.82% percent below its 100-day simple moving average. However, the stock is currently trading approximately -12.90% below its SMA50 and -5.62% below its SMA200.
Stochastic coefficient K was 38.35% and Stochastic coefficient D was 51.32%, while ATR was 2.66. Given the Stochastic reading of 0.29% for the 14-day period, the RSI (14) reading has been calculated as 40.42%. As of today, the MACD Oscillator reading stands at -0.58, while the 14-day reading stands at -0.89.
Analyst Ratings
UBS launched its rating on Aptiv PLC (NYSE: APTV) to a Buy in a note to investors on September 13, 2023. Aptiv PLC (APTV) has been rated Overweight by analysts. According to 2 brokerage firms, APTV is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate Aptiv PLC stock as buy, with 16 recommending it as overweight.
With a median target price of $130.00, the current consensus forecast for the stock is $82.00 – $162.00. Based on these forecasts, analysts predict Aptiv PLC (APTV) will achieve an average price target of $129.04.
