Aptiv PLC (NYSE:APTV) traded with an addition of $2.97 to $98.83 on Thursday, an upside of 3.10 percent. An average of 1,257,165 shares of common stock have been traded in the last five days. There was a gain of $1.35 in the past week, and it reached a new high 20 times over the past 12 months. The last 20 days have seen an average of 1,740,661 shares traded, while the 50-day average volume stands at 1,730,106.
APTV stock has decreased by -1.97% in the last month. The company shares reached their 1-month lowest point of $95.00 on 09/27/23. With the stock rallying to its 52-week high on 02/15/23, shares of the company touched a low of $77.96 and a high of $124.88 in 52 weeks. It has reached a new high 16 times so far this year and achieved 6.12% or $6.12 in price. In spite of this, the price is down -20.86% from the 52-week high.
Insider Transactions
APTV stock investors should be aware that Aptiv PLC (APTV) stock had its last reported insider trading activity 13 days ago on Sep 15. In this transaction, the insider spent $193,553. Chairman and CEO, CLARK KEVIN P, disposed of 6,665 shares at a price of $89.98 on May 25. The insider now owns more than $599,717 worth of shares. Prior to that, Chairman and CEO CLARK KEVIN P went on to Sale 6,665 shares at $90.40 each on May 24. An amount of $602,498 was transacted.
Valuation Metrics
Aptiv PLC (APTV) has a trailing price-to-earnings (P/E) ratio of 30.03, which compares with the N/A for the broader industry. The stock’s beta is 2.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.45, the price-to-book (PB) ratio at 3.03, and the price-to-cash flow ratio at 27.54.
Financial Health
The quick ratio of Aptiv PLC for the three months ended June 29 was 1.24, and the current ratio was 1.76, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.74 and a total debt to equity ratio of 0.76 for the quarter ending June 29. Aptiv PLC’s EBITDA margin for the year ending June 29 is 12.03%, while its operating margin for the same period stands at 9.00%. Its gross profit as reported stood at $2.63 billion compared to revenue of $17.49 billion.
Earnings Surprise
For the three-month period that ended June 29, Aptiv PLC had $6.48 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 $229.0 million in the quarter, while revenues were grew 126.64%. The analyst consensus anticipated Aptiv PLC’s latest quarter earnings to come in at $1.01 per share, but it turned out to be $1.25, a 23.80% surprise. For the quarter, EBITDA amounted to $637.0 million. Shareholders own equity worth $282.82 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Aptiv PLC (APTV) price momentum. RSI 9-day as of the close on 27 September was 48.57%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.36%.
As of today, APTV’s price is $97.71 +1.37% or $1.35 from its 5-day moving average. APTV is currently trading -2.36% lower than its 20-day SMA and +6.24% higher than its 100-day SMA. However, the stock’s current price level is -10.09% below the SMA50 and +6.39% above the SMA200.
The stochastic %K and %D were 18.86% and 14.61%, respectively, and the average true range (ATR) was 2.73. With the 14-day stochastic at 43.67% and the average true range at 2.65, the RSI (14) stands at 47.44%. The stock has reached -1.96 on the 9-day MACD Oscillator while the 14-day reading was at -2.87.
Analyst Ratings
UBS launched coverage on Aptiv PLC (NYSE: APTV) in its analyst report released on September 13, 2023. The firm assigned the stock a Buy rating. The consensus rating for Aptiv PLC (APTV) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell APTV, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 5 analysts, while 16 others rate it as a “buy”.
What is APTV’s price target for the next 12 months?
Analysts predict a range of price targets between $82.00 and $162.00, with a median target of $130.00. Taking a look at these predictions, the average price target given by analysts for Aptiv PLC (APTV) stock is $129.04.
