Autoliv Inc. (ALV) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Autoliv Inc. (NYSE: ALV) is above average at 16.64x. The 36-month beta value for ALV is also noteworthy at 1.62. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 14 rating it as “hold,” and 5 rating it as “sell.”

The public float for ALV is 81.14M, and at present, short sellers hold a 3.43% of that float. The average trading volume of ALV on July 04, 2024 was 653.98K shares.

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ALV) stock’s latest price update

The stock of Autoliv Inc. (NYSE: ALV) has decreased by -0.41 when compared to last closing price of 107.34. Despite this, the company has experienced a -1.51% fall in its stock price over the last five trading sessions. prnewswire.com reported 2024-06-28 that STOCKHOLM, June 28, 2024 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of June 28, 2024, the total number of issued shares of common stock is 84,816,615 of which 80,079,757 shares are outstanding.  Autoliv retired 1,309,606 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares.

ALV’s Market Performance

Autoliv Inc. (ALV) has experienced a -1.51% fall in stock performance for the past week, with a -15.75% drop in the past month, and a -9.79% drop in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 2.13% for ALV. The simple moving average for the last 20 days is -4.60% for ALV stock, with a simple moving average of -2.19% for the last 200 days.

Analysts’ Opinion of ALV

UBS, on the other hand, stated in their research note that they expect to see ALV reach a price target of $141, previously predicting the price at $102. The rating they have provided for ALV stocks is “Buy” according to the report published on May 28th, 2024.

Berenberg gave a rating of “Buy” to ALV, setting the target price at $120 in the report published on January 12th of the current year.

ALV Trading at -10.07% from the 50-Day Moving Average

After a stumble in the market that brought ALV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.38% of loss for the given period.

Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares sank -10.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.44% lower at present.

During the last 5 trading sessions, ALV rose by +0.01%, which changed the moving average for the period of 200-days by +11.84% in comparison to the 20-day moving average, which settled at $111.43. In addition, Autoliv Inc. saw -2.99% 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 ALV starting from Carlson Jan, who sale 1,900 shares at the price of $126.75 back on May 31 ’24. After this action, Carlson Jan now owns 77,493 shares of Autoliv Inc., valued at $240,825 using the latest closing price.

Bratt Mikael, the President and CEO of Autoliv Inc., sale 4,226 shares at $109.72 during a trade that took place back on Feb 21 ’24, which means that Bratt Mikael is holding 17,547 shares at $463,677 based on the most recent closing price.

Stock Fundamentals for ALV

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.18 for the gross margin

The net margin for Autoliv Inc. stands at 0.05. The total capital return value is set at 0.18. Equity return is now at value 21.36, with 6.54 for asset returns.

Based on Autoliv Inc. (ALV), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is 8.53.

Currently, EBITDA for the company is 1.27 billion with net debt to EBITDA at 1.41. When we switch over and look at the enterprise to sales, we see a ratio of 1.0. The receivables turnover for the company is 4.83for trailing twelve months and the total asset turnover is 1.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.

Conclusion

In summary, Autoliv Inc. (ALV) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.

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