Earnings Report: Here’s what to expect from Autoliv (NYSE:ALV)

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Earnings results for Autoliv (NYSE:ALV)

Autoliv, Inc. is expected* to report earnings on 10/23/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 0 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.19. The reported EPS for the same quarter last year was $1.3.

Autoliv last released its earnings data on July 17th, 2020. The auto parts company reported ($1.40) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.41) by $0.01. The firm earned $1.05 billion during the quarter, compared to analyst estimates of $1.08 billion. Its revenue for the quarter was down 51.4% compared to the same quarter last year. Autoliv has generated $5.72 earnings per share over the last year and currently has a price-to-earnings ratio of 52.0. Autoliv has confirmed that its next quarterly earnings report will be published on Friday, October 23rd, 2020.

Analyst Opinion on Autoliv (NYSE:ALV)

14 Wall Street analysts have issued ratings and price targets for Autoliv in the last 12 months. Their average twelve-month price target is $75.17, predicting that the stock has a possible downside of 10.73%. The high price target for ALV is $95.00 and the low price target for ALV is $40.00. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Autoliv has received a consensus rating of Hold. The company’s average rating score is 2.23, and is based on 4 buy ratings, 8 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $75.17, Autoliv has a forecasted downside of 10.7% from its current price of $84.20. Autoliv has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Autoliv (NYSE:ALV)

Autoliv does not currently pay a dividend. Autoliv does not have a long track record of dividend growth.

Insiders buying/selling: Autoliv (NYSE:ALV)

In the past three months, Autoliv insiders have not sold or bought any company stock. Only 0.18% of the stock of Autoliv is held by insiders. 37.32% of the stock of Autoliv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Autoliv (NYSE:ALV

Earnings for Autoliv are expected to grow by 136.02% in the coming year, from $2.36 to $5.57 per share. The P/E ratio of Autoliv is 51.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.48. The P/E ratio of Autoliv is 51.98, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 38.01. Autoliv has a P/B Ratio of 3.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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