It makes sense and dollars to buy Aptiv PLC (APTV) stock

With 3.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.82 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $70.05 whereas the lowest price it dropped to was $67.2. The 52-week range on APTV shows that it touched its highest point at $113.60 and its lowest point at $65.13 during that stretch. It currently has a 1-year price target of $99.41. Beta for the stock currently stands at 1.79.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of APTV was down-trending over the past week, with a drop of -5.34%, but this was down by -16.60% over a month. Three-month performance dropped to -10.01% while six-month performance fell -22.60%. The stock lost -31.98% in the past year, while it has lost -22.60% so far this year. A look at the trailing 12-month EPS for APTV yields 10.61 with Next year EPS estimates of 7.76. For the next quarter, that number is 1.43. This implies an EPS growth rate of 24.89% for this year and 27.91% for next year. EPS is expected to grow by 26.09% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.89%.

Float and Shares Shorts:

At present, 279.03 million APTV shares are outstanding with a float of 270.38 million shares on hand for trading. On 2024-06-14, short shares totaled 6.64 million, which was 244.00001000000003 higher than short shares on 1715731200. In addition to Mr. Kevin P. Clark as the firm’s President, Chairman & CEO, Mr. Joseph R. Massaro serves as its Vice Chairman of Business Operations & CFO.

Institutional Ownership:

Through their ownership of 1.01269 of APTV’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, APTV reported revenue of $4901000000.0 and operating income of $458000000.0. The EBITDA in the recently reported quarter was $704000000.0 and diluted EPS was $0.79.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for APTV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.