Aptiv (APTV) Downgraded by Zacks Investment Research to Strong Sell

Aptiv stock has undergone multiple analysts rating changes in the recent past.  Aptiv Downgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Strong Sell. The analysts previously had rating of Hold.

Shares of Aptiv traded down -$4.97 on Monday, reaching $160.15. 2535460 shares of the stock traded hands, compared to its average volume of 1519633. Shares of Aptiv were trading at $160.15 on Monday. The firm’s 50 day moving average is $155.72 and its 200 day moving average is $149.15.Aptiv has a 12 month low of $160.08 and a 12 month high of $170.47. While on yearly highs and lows, Aptiv’s today has traded high as $166.90 and has touched $160.08 on the downward trend. See More Analyst Rating at: RATING

Aptiv Earnings and What to expect: 

Aptiv last announced its quarterly earnings results on August 4th, 2021. The auto parts company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by $0.07. The company had revenue of $3.81 billion for the quarter, compared to analyst estimates of $3.59 billion. Its quarterly revenue was up 94.2% on a year-over-year basis. Aptiv has generated $1.94 earnings per share over the last year ($3.66 diluted earnings per share) and currently has a price-to-earnings ratio of 43.8. Earnings for Aptiv are expected to grow by 42.38% in the coming year, from $3.61 to $5.14 per share. Aptiv has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Aptiv are expected to grow by 42.38% in the coming year, from $3.61 to $5.14 per share. The P/E ratio of Aptiv is 43.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.66. The P/E ratio of Aptiv is 43.76, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 26.23. Aptiv has a PEG Ratio of 3.99. PEG Ratios above 1 indicate that a company could be overvalued. Aptiv has a P/B Ratio of 5.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Aptiv (APTV) Moving Average Technical Analysis

5 day Moving Average is $161.17 And 5 day price change is $2.49 (1.58%)  with average volume for 5 day average is 1,751,380. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $152.93 and 20 day price change is $11.90 (8.03%) and average 20 day moving volume is 1,634,775. 50 day moving average is $155.72  and 50 day price change is -$6.70 ( -4.02%)  and with average volume for 50 days is : 1,398,294. 200 day moving average is $149.15  and 200 day price change is $31.80 (24.78%)  and with average volume for 200 days is : 1,513,918.

Other owners latest trading in Aptiv :

  • On 10/8/2021 shares held by Creative Financial Designs Inc. ADV were 192 which equates to market value of $29K and appx 0.00% owners of Aptiv
  • On 10/8/2021 shares held by New England Research & Management Inc. were 1,675 which equates to market value of $0.25M and appx 0.10% owners of Aptiv
  • On 10/8/2021 shares held by Veriti Management LLC were 3,518 which equates to market value of $0.52M and appx 0.10% owners of Aptiv
  • In total Institutional ownership equates to Institutional Ownership Percentage: 89.34% for Aptiv

See More Analyst Rating at: RATING