Aptiv stock: buy or sell?
December 6th, 2019
Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide.
Should I buy Aptiv stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Aptiv stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Aptiv stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we detected 15 ratings published for APTV stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-13||Bank of America||Buy||Neutral|
|2019-8-1||Robert W. Baird||n/a||Outperform|
|2019-8-1||JPMorgan Chase & Co.||n/a||Overweight|
|2019-8-1||Jefferies Financial Group||n/a||Buy|
|2019-8-1||Credit Suisse Group||n/a||Outperform|
|2019-8-1||Bank of America||n/a||Buy|
|2019-6-11||Robert W. Baird||n/a||Outperform|
Aptiv stock analysis
Shares of Aptiv inched a slightly fine 0.42% and closed at $93.77.
Aptiv ended on Dec 6th at $93.77 and inched a slightly fine 0.42%. On August, SMA50d and SMA100d crossed up triggering a rise of 18.68%. Since last August when APTV stock price broke up the SMA100d line, it gained $14.76 (18.68%).
Aptiv shares remained steady -0.12% this week, ending at $93.77.
APTV shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $88.82 by mid November. Previous top ($97.64) will play as a resistance in possible new gains. Since price and SMA40w lines crossed up by mid June, APTV climbed $18.82 (25.11%). Early May, SMA20w and SMA40w crossed up triggering a rise of 17.86%.
Aptiv stock price history
Aptiv IPO was on November 17th, 2011 at $16.01 per share1. Since then, APTV stock surged a 485.70%, with an average of 60.70% per year. If you had invested right after APTV's IPO a $1,000 in Aptiv stock in 2011, it would worth $4,857.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Aptiv stock historical price chart
APTV stock reached 52-week highs on Nov/7 at $97.64, and all-time highs 2018-06-18 with a price of 101.62.
Aptiv stock price target is $89.80Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 14 price forecasts for APTV stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-25||Morgan Stanley||Lowers Target||$63.00||$62.00||-1.6%|
|2019-9-12||UBS Group||Raises Target||$87.00||$92.00||5.7%|
|2019-8-23||UBS Group||Raises Target||$81.00||$87.00||7.4%|
|2019-8-1||Robert W. Baird||Raises Target||$96.00||$99.00||3.1%|
|2019-8-1||JPMorgan Chase & Co.||Raises Target||$93.00||$97.00||4.3%|
|2019-8-1||Jefferies Financial Group||Reiterates||$99.00||$108.00||9.1%|
|2019-8-1||Credit Suisse Group||Reiterates||$90.00||$96.00||6.7%|
|2019-8-1||Buckingham Research||Raises Target||$76.00||$79.00||3.9%|
|2019-8-1||Bank of America||Raises Target||$90.00||$92.00||2.2%|
|2019-6-28||Morgan Stanley||Lowers Target||$67.00||$65.00||-3%|
|2019-6-11||Robert W. Baird||Raises Target||$103.00||$109.00||5.8%|
|2019-5-16||Morgan Stanley||Lowers Target||$69.00||$67.00||-2.9%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when Aptiv posted its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an extraordinary gain of 12.04% to $14,435.00 M dollars. In contrary, its earnings margin (compared to revenues) slightly fell to 7.39%, that is $1,067.00 million. Aptiv presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Aptiv TTM sales up to March 2019 were $14,380.00 and income $1,000.00 million USD. If we compare this TTM figures with the last reported annuality, we can review Aptiv business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, remained constant a tight -0.38%. Aligned with this, profit margin (net income/revenues) stayed steady at 7.39%.
|2013||$16,460 M||-||$1,210 M7.4%||-|
|2014||$17,023 M||3.42%||$1,351 M7.9%||11.65%|
|2015||$15,165 M||-10.91%||$1,450 M9.6%||7.33%|
|2016||$16,661 M||9.86%||$1,257 M7.5%||-13.31%|
|2017||$12,884 M||-22.67%||$1,355 M10.5%||7.80%|
|2018||$14,435 M||12.04%||$1,067 M7.4%||-21.25%|
|TTM||$14,380 M||-0.38%||$1,000 M7.0%||-6.28%|
Quarterly financial resultsAptiv posted $3,575.00 M in revenues for 2019-Q1, a -1.68% less compared to previous quarter. Reported quarter income marked $240.00 million with a profit margin of 6.71%. Profit margin remained steady a -0.08% compared to previous quarter when profit margin was 6.79%. When comparing sales to same quarter last year, Aptiv sales marked a disappointing decrease and decreased a -1.52%.
|2017-Q2||$4,320 M||-||$369 M8.5%||-|
|2017-Q3||$4,333 M||0.30%||$395 M9.1%||7.05%|
|2017-Q4||$3,440 M||-20.61%||$256 M7.4%||-35.19%|
|2018-Q1||$3,630 M||5.52%||$307 M8.5%||19.92%|
|2018-Q2||$3,684 M||1.49%||$291 M7.9%||-5.21%|
|2018-Q3||$3,485 M||-5.40%||$222 M6.4%||-23.71%|
|2018-Q4||$3,636 M||4.33%||$247 M6.8%||11.26%|
|2019-Q1||$3,575 M||-1.68%||$240 M6.7%||-2.83%|
Aptiv ownershipWhen you are planning to invest in shares of a stock, it's always worth to check its ownership structure.
Aptiv shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.48% of all shares.
Bearish positions for APTV stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$23.9 B||$7.2 B||$7.3 B||$16.4 B||$2.6 B|
|Total shares||255.3 M||87.2 M||253.0 M||305.8 M||28.0 M|
|Float shares||253.5 M||78.6 M||247.9 M||302.7 M||27.8 M|
|- Institutional holdings (%)||99.5%||45.3%||88.4%||0.9%||121.0%|
|- Insider holdings (%)||0.5%||0.1%||0.4%||1.7%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, December 6th, 2019|
|Day range||$93.31 - $94.65|
|Average true range||$1.82|
|50d mov avg||$90.13|
|100d mov avg||$87.20|
|200d mov avg||$83.20|
Aptiv performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Aptiv against Autoliv, Gentex, Magna International and Visteon in the following table: