Analyst Ratings for Autoliv Inc. (ALV)Updated: 2017-07-28
Shares of Autoliv Inc. (NYSE:ALV) have received a consensus rating of Hold from Wall Street analysts. ALV had previously received a consensus rating of Hold a month ago.
11 analysts declared ALV a buy, 1 gave an overweight rating, 12 gave a hold rating, 3 gave an underweight rating, and 8 gave a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for ALV. The most optimistic price target was 137, implying a possible profit of 26.02 percent. The most pessimistic analyst gave a price target of 84.44, implying a possible loss of -22.33 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.53 percent. The average change in earnings estimates over the last 90 days is -10.33 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.56 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -4.25 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 4 analysts that decreased their estimates. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 6 analysts decreased their estimates.
ALV has an estimated earnings growth rate of -2.38 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ALV has a PEG ratio of -7.23.
In the trailing 52-weeks, ALV hit 117.54 at the highest peak, while it's lowest trading point was 93.31. The current market price is above the trailing year's low by 16.5 percent, and 7.51 percent lower than its 52-week high. ALV has a P/E ratio of 17.2. Investors typically compare the P/E ratio to a company's peers in the industry. The ALV value stock report compares ALV to some of its peers using value stock charts. The market cap of ALV is $9.46 billion. ALV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.