What Will Happen to Autoliv, Inc. (ALV) Next? The Stock Just Reaches Record High

April 17, 2018 - By Migdalia James

Autoliv, Inc. (NYSE:ALV) Logo

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.46, from 1.42 in 2017Q3. It fall, as 25 investors sold Autoliv, Inc. shares while 76 reduced holdings. 39 funds opened positions while 58 raised stakes. 28.56 million shares or 0.72% less from 28.77 million shares in 2017Q3 were reported.
237,459 were reported by Renaissance Technology Lc. Folketrygdfondet holds 1.43% in Autoliv, Inc. (NYSE:ALV) or 373,575 shares. Glg Ptnrs Limited Partnership holds 0.05% of its portfolio in Autoliv, Inc. (NYSE:ALV) for 8,336 shares. Utd Capital Finance Advisers Ltd Liability Corp owns 2,463 shares. 17,885 were reported by Murphy Pohlad Asset Mngmt Ltd Liability. Alecta Pensionsforsakring Omsesidigt invested in 8.56% or 8.26M shares. Rhumbline Advisers owns 0.01% invested in Autoliv, Inc. (NYSE:ALV) for 21,282 shares. Schwab Charles Inv Mngmt accumulated 0.02% or 184,535 shares. Gateway Invest Advisers Ltd Liability Company reported 47,700 shares. Advisory Net Ltd Liability Corp stated it has 931 shares. New York State Common Retirement Fund invested 0.01% of its portfolio in Autoliv, Inc. (NYSE:ALV). Huntington Financial Bank owns 276 shares or 0% of their US portfolio. Commonwealth National Bank Of Aus invested in 0.02% or 13,016 shares. Fjarde Ap accumulated 0.06% or 31,549 shares. Guggenheim Ltd Liability owns 7,783 shares or 0% of their US portfolio.

Since February 15, 2018, it had 0 insider purchases, and 4 selling transactions for $379,045 activity. Another trade for 783 shares valued at $113,378 was made by Lofvenholm Johan on Wednesday, February 21.

The stock of Autoliv, Inc. (NYSE:ALV) reached all time high today, Apr, 17 and still has $157.14 target or 3.00 % above today’s $152.56 share price. This indicates more upside for the $13.29B company. This technical setup was reported by Barchart.com. If the $157.14 PT is reached, the company will be worth $398.61 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.91% or $1.38 during the last trading session, reaching $152.56. About 188,194 shares traded. Autoliv, Inc. (NYSE:ALV) has risen 44.71% since April 17, 2017 and is uptrending. It has outperformed by 33.16% the S&P500.

Analysts await Autoliv, Inc. (NYSE:ALV) to report earnings on April, 27. They expect $1.81 EPS, up 9.70 % or $0.16 from last year’s $1.65 per share. ALV’s profit will be $157.64M for 21.07 P/E if the $1.81 EPS becomes a reality. After $2.03 actual EPS reported by Autoliv, Inc. for the previous quarter, Wall Street now forecasts -10.84 % negative EPS growth.

Autoliv, Inc. (NYSE:ALV) Ratings Coverage

Among 12 analysts covering Autoliv (NYSE:ALV), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Autoliv had 26 analyst reports since October 26, 2017 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Thursday, October 26. The stock of Autoliv, Inc. (NYSE:ALV) earned “Hold” rating by RBC Capital Markets on Tuesday, December 19. The firm earned “Underweight” rating on Wednesday, January 31 by Barclays Capital. The firm earned “Outperform” rating on Monday, February 12 by BMO Capital Markets. The company was maintained on Tuesday, April 17 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, March 27 by Longbow. The firm has “Hold” rating given on Thursday, January 18 by Cowen & Co. On Tuesday, January 30 the stock rating was maintained by Mizuho with “Buy”. Guggenheim maintained Autoliv, Inc. (NYSE:ALV) rating on Wednesday, January 31. Guggenheim has “Hold” rating and $150.0 target. The stock has “Buy” rating by Jefferies on Thursday, January 25.

Autoliv, Inc., through its subsidiaries, develops, makes, and supplies automotive safety systems to the automotive industry worldwide. The company has market cap of $13.29 billion. It operates through two divisions, Passive Safety and Electronics. It has a 31.33 P/E ratio. The firm offers a range of products, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems, child seats, and components; and camera vision systems, night driving assists, automotive radars, brake controls, positioning systems, electronic control units, and other active safety systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Autoliv, Inc. (NYSE:ALV) Institutional Positions Chart

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