The stock of Aptiv PLC (NYSE: APTV) has increased by 1.69 when compared to last closing price of 71.21.Despite this, the company has seen a gain of 3.30% in its stock price over the last five trading days. Market Watch reported 2024-04-26 that The market for artificial intelligence is undergoing a profound transformation, reshaping industries and investment strategies alike. Rapid advancements and integration across sectors and understanding the shifting landscape becomes imperative for investors seeking opportunities in AI.
Is It Worth Investing in Aptiv PLC (NYSE: APTV) Right Now?
Aptiv PLC (NYSE: APTV) has a higher price-to-earnings ratio of 6.99x compared to its average ratio, The 36-month beta value for APTV is at 1.91. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for APTV is 270.72M, and currently, shorts hold a 2.19% of that float. The average trading volume for APTV on April 30, 2024 was 2.53M shares.
APTV’s Market Performance
The stock of Aptiv PLC (APTV) has seen a 3.30% increase in the past week, with a -9.09% drop in the past month, and a -17.19% fall in the past quarter. The volatility ratio for the week is 2.37%, and the volatility levels for the past 30 days are at 2.62% for APTV. The simple moving average for the past 20 days is -1.47% for APTV’s stock, with a -17.60% 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 -5.31% 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 -36.26% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares sank -8.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.82% lower at present.
During the last 5 trading sessions, APTV rose by +3.30%, which changed the moving average for the period of 200-days by -35.56% in comparison to the 20-day moving average, which settled at $73.17. In addition, Aptiv PLC saw -19.29% 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 1.24. 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
In conclusion, Aptiv PLC (APTV) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
