Does Autoliv Inc (NYSE:ALV) warrant a purchase right now? What to Consider Before Making a Decision

Autoliv Inc (NYSE:ALV) shares traded 0.32% higher at $98.12 on Wall Street last session.

ALV stock price is now 1.59% away from the 50-day moving average and -5.77% away from the 200-day moving average. The market capitalization of the company currently stands at $7.73B.

With the price target maintained at $109, Daiwa Securities recently Upgraded its rating from Neutral to Outperform for Autoliv Inc (NYSE: ALV). , while ‘Wolfe Research’ rates the stock as ‘Outperform’

In other news, Fox Kevin, President, Autoliv Americas sold 200 shares of the company’s stock on Oct 22 ’24. The stock was sold for $19,478 at an average price of $97.39. Upon completion of the transaction, the President, Autoliv Americas now directly owns 2,657 shares in the company, valued at $0.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 31 ’24, Director Carlson Jan sold 1,900 shares of the business’s stock. A total of $240,825 was realized by selling the stock at an average price of $126.75. This leaves the insider owning 77,493 shares of the company worth $7.6 million. A total of 0.28% of the company’s stock is owned by insiders.

During the past 12 months, Autoliv Inc has had a low of $89.51 and a high of $129.38. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 0.96, and a quick ratio of 0.71. According to the stock market information, the enterprise value for the company is $9706121216, which is based on a 12.79 price-to-earnings ratio, a 1.02 price-to-earnings-growth ratio, and a beta of 1.59. The fifty day moving average price for ALV is $96.583 and a two-hundred day moving average price translates $104.1318 for the stock.

The latest earnings results from Autoliv Inc (NYSE: ALV) was released for 2024-09-30. The net profit margin was 5.98% and return on equity was 26.42% for ALV. The company reported revenue of $2.56 billion for the quarter, compared to $2.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.58 percent. For the current quarter, analysts expect ALV to generate $2.72B in revenue.

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