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

Autoliv has increased its FY23 organic sales growth outlook from 15% to 17%.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:06 am

Autoliv reported encouraging Q3 performance and improved supply chain stability throughout the year. The company has increased its full-year sales indication, reflecting that Light Vehicle Production (LVP) has developed better than expected, even with the UAW strike.

Portfolio Pulse from Charles Gross

October 20, 2023 | 10:05 am

Autoliv (NYSE:ALV) reported Q3 adjusted earnings of $1.66 per share, missing the analyst consensus estimate of $1.84 by 9.78%. The company also reported quarterly sales of $2.60 billion, missing the analyst consensus estimate of $2.64 billion by 1.67%. However, both earnings and sales have increased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:04 am

Autoliv (NYSE:ALV) is set to release its quarterly earnings report on 2023-10-20, with analysts estimating an EPS of $1.83. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $93.1, up 20.0% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:00 pm

Citigroup analyst Itay Michaeli has maintained a Neutral rating on Autoliv (NYSE:ALV) and lowered the price target from $99 to $95.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 3:31 pm

Automotive safety systems provider Autoliv Inc plans to reduce an additional 300 indirect employees as part of its cost reduction framework. The downsizing includes employees in China, Japan, Sweden, and the U.S., and the closure of an office in the Netherlands. The company expects additional non-recurring charges in future quarters as it continues to advance its global headcount and structural cost reductions.

Portfolio Pulse from Shivani Kumaresan

October 05, 2023 | 9:51 am

Autoliv, Inc. (NYSE:ALV) has provided an update on its ongoing initiatives to reduce its global headcount, including downsizings of 300 indirect employees in China, Japan, Sweden, the United States, and the closure of an office in the Netherlands. This is part of the company's previously announced cost reduction framework. The related accruals for the 300 indirect employees are expected to be immaterial and will be accounted for in the third and fourth quarters of 2023.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 7:19 am

Over the past 3 months, 8 analysts have published their opinion on Autoliv (NYSE:ALV) stock. The company has an average price target of $100.0, an increase of 2.97% from the previous average price target of $97.12. The majority of analysts are indifferent about the stock, with 7 out of 8 giving it a neutral rating.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:00 pm

Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Autoliv (NYSE:ALV) and lowered the price target from $101 to $99.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 12:43 pm

Autoliv has retired over 1.23 million of its repurchased common shares, leaving approximately 84.15 million shares remaining outstanding.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 8:02 am

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