Streetbeat News

ALV

Autoliv, Inc.

https://www.autoliv.com

Industry

Auto - Parts

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, and battery cut-off switches, as well as anti-whiplash systems and pedestrian protection systems, and connected safety services and solutions for riders of powered two wheelers. The company primarily serves car manufacturers. Autoliv, Inc. was founded in 1953 and is headquartered in Stockholm, Sweden.

Open

98.67

Mkt cap

7.7B

Volume

617K

High

99.34

P/E Ratio

12.79

52-wk high

129.38

Low

97.90

Div yield

0.03

52-wk low

89.51

Corporate earnings have recently uplifted the market, overcoming rate fears. The upcoming week features earnings reports from major companies including Apple and Amazon, which could significantly influence market trends. Analysts anticipate Apple to report a slight earnings beat but expect a lower revenue guide for the June quarter, while Amazon is expected to continue showing strong sales and profit growth. The performance of these companies, especially in sectors like e-commerce, tech, and healthcare, will be closely watched for their impact on the S&P 500 Index.

Portfolio Pulse from Shanthi Rexaline

April 29, 2024 | 5:51 am

Strong earnings from Alphabet Inc. and Microsoft Corp. have led to a market rebound, with the S&P 500 and Nasdaq 100 seeing significant gains. The Roundhill Magnificent Seven ETF and iShares Russell 2000 ETF also rose. However, Exxon Mobil Corp. and Chevron Corp. saw declines after disappointing earnings. Other notable movements included a surge in Alphabet Inc., Microsoft Corp., Amazon.com Inc., and Nvidia Corp. shares, while Intel Corp. and several others fell post-earnings.

Portfolio Pulse from Piero Cingari

April 26, 2024 | 5:45 pm

Autoliv shares are trading higher following the company's announcement that it surpassed Q1 earnings and sales estimates.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:21 pm

Autoliv shares experienced an increase in trading following a report of earnings that exceeded expectations for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 12:26 pm

Wall Street futures indicate a positive opening, buoyed by strong Q1 performances from Alphabet and Microsoft, ahead of key inflation data. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket gains. Analysts remain optimistic about the bull market's continuation despite recent volatility, citing technical and seasonal factors. Upcoming economic data includes the PCE index, personal income, and spending reports, with implications for the Fed's next moves. Several companies, including Intel, Roku, and Teladoc, moved on earnings news.

Portfolio Pulse from Shanthi Rexaline

April 26, 2024 | 10:48 am

Autoliv projects approximately 5% organic sales growth for FY24, with an expected adjusted operating margin of around 10.5% and operating cash flow of about $1.2 billion, reiterating its financial outlook for the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:06 am

Autoliv (NYSE:ALV) reported Q1 adjusted earnings of $1.58 per share, surpassing the $1.41 estimate, marking a 75.56% increase from last year. Sales reached $2.62B, exceeding the $2.59B estimate, a 4.89% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:02 am

JP Morgan analyst Ryan Brinkman maintains a Neutral rating on Autoliv (NYSE:ALV) and raises the price target from $117 to $129.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 2:23 pm

The upcoming week's earnings reports from major companies like Tesla, Meta Platforms, Microsoft, and Alphabet are highly anticipated as they could influence the market's direction. FactSet's report indicates that S&P 500 companies' earnings surprises are at or above their 10-year averages, despite a slight decline in the combined earnings per share growth rate. The focus shifts to tech companies, with 158 S&P 500 companies, including 11 Dow 30 components, expected to release their earnings. Tesla is expected to report a downbeat quarter, while Microsoft, Alphabet, and Meta are anticipated to report strong results. The SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) have seen declines from their all-time highs.

Portfolio Pulse from Shanthi Rexaline

April 21, 2024 | 9:45 pm

Barclays analyst Dan Levy has maintained an Equal-Weight rating on Autoliv (NYSE:ALV) and increased the price target from $107 to $120.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:19 pm

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