With 0.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.81 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $98.295 whereas the lowest price it dropped to was $95.39. The 52-week range on ALV shows that it touched its highest point at $129.38 and its lowest point at $89.51 during that stretch. It currently has a 1-year price target of $115.69. With its current market cap of 7.70 billion, ALV has annualized dividend of $2.72 while the current yield stands at 2.78%. ALV paid its most recent dividend on 1725408000, while the ex-dividend date for that was 1733184000. Beta for the stock currently stands at 1.60.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 ALV was down-trending over the past week, with a drop of -0.61%, but this was up by 1.35% over a month. Three-month performance dropped to -4.21% while six-month performance fell -21.38%. The stock lost -3.71% in the past year, while it has lost -11.24% so far this year. A look at the trailing 12-month EPS for ALV yields 7.67 with Next year EPS estimates of 10.06. For the next quarter, that number is 2.89. This implies an EPS growth rate of -0.46% for this year and 23.45% for next year. EPS is expected to grow by 12.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.30%.
Float and Shares Shorts:
At present, 82.60 million ALV shares are outstanding with a float of 78.53 million shares on hand for trading. On 2024-10-31, short shares totaled 1.59 million, which was 202.0 higher than short shares on 1727654400. In addition to Mr. Mikael Bratt as the firm’s Member of Research Advisory Board, President, CEO & Director, Mr. Fredrik Westin serves as its CFO & EVP of Finance.
Institutional Ownership:
Through their ownership of 0.73633003 of ALV’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 2024-09-30, ALV reported revenue of $2555000000.0 and operating income of $225000000.0. The EBITDA in the recently reported quarter was $321000000.0 and diluted EPS was $1.74.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALV since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALV analysts setting a high price target of 140.0 and a low target of 101.0, the average target price over the next 12 months is 116.51778. Based on these targets, ALV could surge 43.15% to reach the target high and rise by 3.27% to reach the target low. Reaching the average price target will result in a growth of 19.14% from current levels.
Analysts have provided yearly estimates in a range of $8.35169 being high and $8.0431 being low. For ALV, this leads to a yearly average estimate of $8.1526. The surprise factor in the prior quarter was $2.21. Based on analyst estimates, the high estimate for the next quarter is $2.04 and the low estimate is $1.82. The average estimate for the next quarter is thus $1.92.
