In today’s session Autoliv Inc. (ALV) registered an unusually high (3,265) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious ALV increase. With 3,265 contracts traded and 1034 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: ALV170120C00105000 closed last at: $2.2 or 63% up. The stock decreased 1.14% or $1.16 on November 23, hitting $100.65. About 551,688 shares traded hands or 8.63% up from the average. Autoliv Inc. (NYSE:ALV) has declined 10.76% since April 22, 2016 and is downtrending. It has underperformed by 16.17% the S&P500.
Analysts await Autoliv Inc. (NYSE:ALV) to report earnings on February, 3. They expect $1.82 earnings per share, down 12.50% or $0.26 from last year’s $2.08 per share. ALV’s profit will be $164.91 million for 13.83 P/E if the $1.82 EPS becomes a reality. After $1.63 actual earnings per share reported by Autoliv Inc. for the previous quarter, Wall Street now forecasts 11.66% EPS growth.
Autoliv Inc. (NYSE:ALV) Ratings Coverage
Out of 17 analysts covering Autoliv Inc (NYSE:ALV), 2 rate it a “Buy”, 7 “Sell”, while 8 “Hold”. This means 12% are positive. Autoliv Inc has been the topic of 35 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Pareto Securities downgraded the shares of ALV in a report on Wednesday, September 2 to “Sell” rating. The rating was maintained by Deutsche Bank with “Hold” on Monday, October 5. As per Monday, April 18, the company rating was downgraded by Goldman Sachs. The rating was initiated by Wells Fargo on Monday, September 21 with “Market Perform”. RBC Capital Markets maintained the shares of ALV in a report on Monday, May 2 with “Underperform” rating. The firm earned “Sector Perform” rating on Friday, September 25 by RBC Capital Markets. The stock of Autoliv Inc. (NYSE:ALV) earned “Neutral” rating by Goldman Sachs on Wednesday, November 23. The stock of Autoliv Inc. (NYSE:ALV) has “Neutral” rating given on Tuesday, September 29 by Goldman Sachs. On Friday, October 28 the stock rating was downgraded by Robert W. Baird to “Neutral”. The firm earned “Accumulate” rating on Monday, October 10 by Handelsbanken.
According to Zacks Investment Research, “Autoliv Inc. is a worldwide leader in automotive safety, a pioneer in both seatbelts and airbags, and a technology leader with the widest product offering for automotive safety. All the leading automobile manufacturers in the world are our customers.”
Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 0.18, from 1.04 in 2016Q1. The ratio worsened, as 27 funds sold all Autoliv Inc. shares owned while 72 reduced positions. 28 funds bought stakes while 75 increased positions. They now own 28.89 million shares or 7.24% less from 31.15 million shares in 2016Q1.
Moreover, Bnp Paribas Arbitrage has 0% invested in Autoliv Inc. (NYSE:ALV) for 9,507 shares. Pub Employees Retirement Association Of Colorado holds 0.01% of its portfolio in Autoliv Inc. (NYSE:ALV) for 14,837 shares. Price T Rowe Inc Md last reported 816,805 shares in the company. Pension Service, a Korea-based fund reported 71,806 shares. M&T Commercial Bank Corp last reported 0% of its portfolio in the stock. Timber Hill Limited Liability Corp has 0% invested in the company for 9,647 shares. Dimensional Fund Advsr Limited Partnership reported 373,864 shares or 0.02% of all its holdings. Johnson Incorporated holds 0% or 100 shares in its portfolio. Fifth Third Natl Bank accumulated 20 shares or 0% of the stock. Pnc Finance Svcs Gp reported 32,429 shares or 0% of all its holdings. Cubist Systematic Strategies Limited Liability has invested 0.02% of its portfolio in Autoliv Inc. (NYSE:ALV). The New Jersey-based Blackrock Inv Mngmt Limited Co has invested 0% in Autoliv Inc. (NYSE:ALV). Pggm Invs last reported 263,522 shares in the company. Yorktown Mngmt & Research holds 2,500 shares or 0.06% of its portfolio. Aqr Ltd Company, a Connecticut-based fund reported 96,595 shares.
Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The company has a market cap of $9.12 billion. The Firm operates through two divisions: Passive Safety and Electronics. It has a 14.71 P/E ratio. Passive Safety segment includes airbags, seatbelts and steering wheels.
ALV Company Profile
Autoliv, Inc., incorporated on October 1, 1996, is a developer, maker and supplier to the automotive industry of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Firm operates through two divisions: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors. Passive safety systems are primarily meant to improve vehicle safety, and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems are designed to make driving easier and comfortable and to intervene before a collision in order to make accidents avoidable or reduce the impact.
More important recent Autoliv Inc. (NYSE:ALV) news were published by: Fool.com which released: “Autoliv Inc. Tops Its Guidance” on October 27, 2016, also Seekingalpha.com published article titled: “Autoliv Inc.: Significant Upside With Strong Underlying Business Limiting The …”, Wsj.com published: “Takata Customers Back Rival Autoliv’s Takeover Plan” on November 16, 2016. More interesting news about Autoliv Inc. (NYSE:ALV) was released by: Reuters.com and their article: “Autoliv, Key Safety Systems preferred bidders for Takata: Bloomberg” with publication date: November 22, 2016.
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