Aptiv PLC (NYSE: APTV)’s stock price has increased by 1.79 compared to its previous closing price of 74.73. However, the company has seen a -3.45% decrease in its stock price over the last five trading sessions. CNBC Television reported 2024-04-08 that The Investment Committee gives you their top stocks to watch for the second half.
Is It Worth Investing in Aptiv PLC (NYSE: APTV) Right Now?
Aptiv PLC (NYSE: APTV) has a higher price-to-earnings ratio of 7.35x compared to its average ratio. APTV has 36-month beta value of 1.91. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for APTV is 270.80M, and currently, short sellers hold a 2.49% ratio of that float. The average trading volume of APTV on April 09, 2024 was 2.76M shares.
APTV’s Market Performance
APTV’s stock has seen a -3.45% decrease for the week, with a -3.43% drop in the past month and a -8.88% fall in the past quarter. The volatility ratio for the week is 2.76%, and the volatility levels for the past 30 days are at 2.61% for Aptiv PLC The simple moving average for the past 20 days is -2.48% for APTV’s stock, with a -15.65% simple moving average for the past 200 days.
Analysts’ Opinion of APTV
Many brokerage firms have already submitted their reports for APTV stocks, with Morgan Stanley repeating the rating for APTV by listing it as a “Underweight.” The predicted price for APTV in the upcoming period, according to Morgan Stanley is $74 based on the research report published on February 07, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see APTV reach a price target of $96, previously predicting the price at $105. The rating they have provided for APTV stocks is “Neutral” according to the report published on January 03rd, 2024.
Piper Sandler gave a rating of “Neutral” to APTV, setting the target price at $80 in the report published on November 03rd of the previous year.
APTV Trading at -4.53% from the 50-Day Moving Average
After a stumble in the market that brought APTV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.04% of loss for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares sank -2.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.00% lower at present.
During the last 5 trading sessions, APTV fell by -3.45%, which changed the moving average for the period of 200-days by -23.75% in comparison to the 20-day moving average, which settled at $77.90. In addition, Aptiv PLC saw -15.21% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APTV starting from Lyon Benjamin, who sale 18,680 shares at the price of $77.69 back on Mar 11 ’24. After this action, Lyon Benjamin now owns 95,211 shares of Aptiv PLC, valued at $1,451,249 using the latest closing price.
Massaro Joseph R, the CFO and SVP, Business Ops of Aptiv PLC, sale 1,900 shares at $101.87 during a trade that took place back on Sep 15 ’23, which means that Massaro Joseph R is holding 206,773 shares at $193,553 based on the most recent closing price.
Stock Fundamentals for APTV
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.17 for the gross margin
The net margin for Aptiv PLC stands at 0.15. The total capital return value is set at 0.08. Equity return is now at value 28.86, with 12.69 for asset returns.
Based on Aptiv PLC (APTV), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 5.47.
Currently, EBITDA for the company is 2.77 billion with net debt to EBITDA at 1.87. When we switch over and look at the enterprise to sales, we see a ratio of 1.29. The receivables turnover for the company is 5.18for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
To put it simply, Aptiv PLC (APTV) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
