Equities analysts expect that Aptiv PLC (NYSE:APTV) will announce earnings of $1.13 per share for the current quarter, Zacks Investment Research reports. Nine analysts have issued estimates for Aptiv’s earnings. The lowest EPS estimate is $1.11 and the highest is $1.15. Aptiv reported earnings per share of $1.40 in the same quarter last year, which indicates a negative year-over-year growth rate of 19.3%. The business is scheduled to announce its next earnings report before the market opens on Wednesday, July 31st.

According to Zacks, analysts expect that Aptiv will report full year earnings of $4.97 per share for the current year, with EPS estimates ranging from $4.90 to $5.03. For the next fiscal year, analysts anticipate that the business will post earnings of $5.67 per share, with EPS estimates ranging from $5.23 to $6.09. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Aptiv.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, May 2nd. The auto parts company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.05. Aptiv had a return on equity of 35.66% and a net margin of 6.95%. The firm had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same period last year, the business posted $1.29 EPS. Aptiv’s quarterly revenue was down 1.5% on a year-over-year basis.

APTV has been the subject of several research analyst reports. Morgan Stanley set a $103.00 price objective on Nike and gave the company a “buy” rating in a research note on Friday, June 28th. Wolfe Research downgraded Southwestern Energy from a “peer perform” rating to an “underperform” rating in a research report on Thursday, April 18th. Robert W. Baird raised their price target on Aptiv from $103.00 to $109.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 11th. Buckingham Research raised their price target on SYSCO from $82.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Finally, Credit Suisse Group began coverage on Magna International in a research report on Wednesday, June 26th. They set a “neutral” rating and a $55.00 price target for the company. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $90.76.

Hedge funds have recently bought and sold shares of the company. William Blair Investment Management LLC boosted its holdings in shares of Aptiv by 4.3% during the first quarter. William Blair Investment Management LLC now owns 590,149 shares of the auto parts company’s stock worth $46,911,000 after purchasing an additional 24,080 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Aptiv by 4.1% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 590,838 shares of the auto parts company’s stock worth $46,966,000 after purchasing an additional 23,372 shares during the last quarter. Keybank National Association OH acquired a new stake in shares of Aptiv during the first quarter worth $590,000. Kentucky Retirement Systems acquired a new stake in shares of Aptiv during the fourth quarter worth $706,000. Finally, Roosevelt Investment Group Inc. boosted its holdings in shares of Aptiv by 28.0% during the first quarter. Roosevelt Investment Group Inc. now owns 154,930 shares of the auto parts company’s stock worth $12,315,000 after purchasing an additional 33,881 shares during the last quarter. Institutional investors and hedge funds own 94.53% of the company’s stock.

NYSE APTV traded down $0.61 during mid-day trading on Thursday, hitting $81.57. The stock had a trading volume of 1,415,900 shares, compared to its average volume of 1,658,841. Aptiv has a 52-week low of $58.80 and a 52-week high of $98.77. The firm has a market cap of $21.25 billion, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 1.49 and a beta of 2.06. The stock has a 50 day moving average price of $79.14. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, August 6th. Aptiv’s payout ratio is 16.73%.

Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Earnings History and Estimates for Aptiv (NYSE:APTV)

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