Stocks of Aptiv PLC (NYSE:APTV) traded higher last session on Wall Street, up 3.25% to $58.86.
APTV stock price is now -1.75% away from the 50-day moving average and -16.20% away from the 200-day moving average. The market capitalization of the company currently stands at $14.28B.
On September 20, 2024, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $78 to quote $87, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Presley William T., Officer bought 9,562 shares of the company’s stock on Nov 26 ’24. The stock was bought for $526,579 at an average price of $55.07. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11 ’24, Chairman and CEO CLARK KEVIN P bought 15,295 shares of the business’s stock. A total of $981,537 was incurred on buying the stock at an average price of $64.17. This leaves the insider owning 363,940 shares of the company worth $21.42 million. A total of 0.85% of the company’s stock is owned by insiders.
During the past 12 months, Aptiv PLC has had a low of $51.47 and a high of $91.66. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 1.50, and a quick ratio of 1.06. According to the stock market information, the enterprise value for the company is $22392203264, which is based on a 6.57 price-to-earnings ratio, a 0.66 price-to-earnings-growth ratio, and a beta of 1.76. The fifty day moving average price for APTV is $59.9086 and a two-hundred day moving average price translates $70.23545 for the stock.
The latest earnings results from Aptiv PLC (NYSE: APTV) was released for 2024-09-30. The net profit margin was 12.29% and return on equity was 24.66% for APTV. The company reported revenue of $4.85 billion for the quarter, compared to $5.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.08 percent.
