Market Watch: Aptiv PLC (APTV)’s Noteworthy Drop, Closing at 69.35

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As of close of business last night, Aptiv PLC’s stock clocked out at $69.35, down -3.60% from its previous closing price of $71.94. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 3.71 million shares were traded. APTV stock price reached its highest trading level at $71.885 during the session, while it also had its lowest trading level at $69.3.

Ratios:

To gain a deeper understanding of APTV’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on February 07, 2024, Downgraded its rating to Underweight and sets its target price to $74 from $90 previously.

On January 03, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $105 to $96.

Piper Sandler Upgraded its Underweight to Neutral on November 03, 2023, whereas the target price for the stock was revised from $82 to $80.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 11 ’24 when Lyon Benjamin sold 18,680 shares for $77.69 per share. The transaction valued at 1,451,249 led to the insider holds 95,211 shares of the business.

Massaro Joseph R sold 1,900 shares of APTV for $193,553 on Sep 15 ’23. The CFO and SVP, Business Ops now owns 206,773 shares after completing the transaction at $101.87 per share. On May 25 ’23, another insider, CLARK KEVIN P, who serves as the Chairman and CEO of the company, sold 6,665 shares for $89.98 each. As a result, the insider received 599,717 and left with 554,799 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APTV now has a Market Capitalization of 18910287872 and an Enterprise Value of 24794148864. As of this moment, Aptiv’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.70, and their Forward P/E ratio for the next fiscal year is 9.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 1.237 whereas that against EBITDA is 9.036.

Stock Price History:

Over the past 52 weeks, APTV has reached a high of $113.60, while it has fallen to a 52-week low of $71.01. The 50-Day Moving Average of the stock is -11.45%, while the 200-Day Moving Average is calculated to be -22.37%.

Shares Statistics:

It appears that APTV traded 2.72M shares on average per day over the past three months and 2272720 shares per day over the past ten days. A total of 279.03M shares are outstanding, with a floating share count of 270.75M. Insiders hold about 0.71% of the company’s shares, while institutions hold 97.12% stake in the company. Shares short for APTV as of 1711584000 were 7063240 with a Short Ratio of 2.60, compared to 1709164800 on 6380027. Therefore, it implies a Short% of Shares Outstanding of 7063240 and a Short% of Float of 2.94.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.16.

Earnings Estimates

At present, Aptiv PLC analysts are actively evaluating the performance of Aptiv PLC (APTV) in the stock market.The consensus estimate for the next quarter is $1.26, with high estimates of $0.29 and low estimates of $6.12.

Analysts are recommending an EPS of between $Communication Services and $Industrials for the fiscal current year, implying an average EPS of $Healthcare.

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