Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Aptiv (NYSE:APTV) in the last three months.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 4 | 3 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 1 | 1 | 1 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 3 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Aptiv, revealing an average target of $101.33, a high estimate of $145.00, and a low estimate of $63.00. A decline of 4.18% from the prior average price target is evident in the current average.
Decoding Analyst Ratings: A Detailed Look
The analysis of recent analyst actions sheds light on the perception of Aptiv by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Leiker | Baird | Lowers | Neutral | $83.00 | $90.00 |
| Mark Delaney | Goldman Sachs | Lowers | Buy | $101.00 | $118.00 |
| Joseph Spak | UBS | Lowers | Buy | $99.00 | $107.00 |
| Colin Rusch | Oppenheimer | Maintains | Outperform | $145.00 | $145.00 |
| Alexander Potter | Piper Sandler | Lowers | Underweight | $63.00 | $78.00 |
| Colin Langan | Wells Fargo | Lowers | Equal-Weight | $82.00 | $83.00 |
| Ronald Jewsikow | Guggenheim | Raises | Buy | $94.00 | $92.00 |
| Ryan Brinkman | JP Morgan | Raises | Overweight | $113.00 | $109.00 |
| Colin Rusch | Oppenheimer | Lowers | Outperform | $145.00 | $148.00 |
| David Leiker | Baird | Raises | Neutral | $90.00 | $86.00 |
| Ryan Brinkman | JP Morgan | Lowers | Overweight | $109.00 | $110.00 |
| Ronald Jewsikow | Guggenheim | Lowers | Buy | $92.00 | $103.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Aptiv. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Aptiv compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Aptiv's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Aptiv's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Aptiv analyst ratings.
Unveiling the Story Behind Aptiv
Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. In 2023, Aptiv's top 10 customers accounted for 54% of revenue, all of which were less than 10%. Historically, General Motors, Stellantis, Ford, and Volkswagen, have been the firms largest customers. North America, Europe, and Asia represented approximately 37%, 33%, and 28% of total 2023 revenue, respectively.
A Deep Dive into Aptiv's Financials
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Aptiv showcased positive performance, achieving a revenue growth rate of 1.72% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Aptiv's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.45%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Aptiv's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.92%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Aptiv's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.91% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.61.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.