Delphi Automotive (NYSE:APTV) Research Coverage Started at Barclays

Barclays assumed coverage on shares of Delphi Automotive (NYSE:APTV) in a research note issued to investors on Wednesday, December 6th. The brokerage issued an overweight rating and a $64.00 price target on the auto parts company’s stock.

A number of other research analysts also recently issued reports on the company. Deutsche Bank assumed coverage on Delphi Automotive in a research note on Wednesday, December 6th. They issued a hold rating and a $86.00 price objective for the company. Bank of America assumed coverage on Delphi Automotive in a research note on Wednesday, December 6th. They set a neutral rating and a $57.00 price target for the company. UBS Group began coverage on Delphi Automotive in a research note on Wednesday, December 6th. They set a neutral rating for the company. Morgan Stanley began coverage on Delphi Automotive in a report on Tuesday, December 5th. They set an underweight rating and a $64.00 price objective on the stock. Finally, Goldman Sachs Group began coverage on Delphi Automotive in a report on Tuesday, December 5th. They set a buy rating and a $57.00 price objective on the stock. Three analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $87.30.

Shares of Delphi Automotive (NYSE APTV) traded down $0.73 during trading hours on Wednesday, hitting $84.83. The stock had a trading volume of 884,818 shares, compared to its average volume of 2,000,095. Delphi Automotive has a one year low of $55.98 and a one year high of $89.66. The firm has a market capitalization of $22,745.25, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 1.66 and a beta of 1.39. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.62 and a quick ratio of 1.22.

Delphi Automotive (NYSE:APTV) last announced its quarterly earnings results on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.56 by $0.10. The business had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.10 billion. Delphi Automotive had a return on equity of 57.92% and a net margin of 8.00%. Delphi Automotive’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.50 earnings per share. research analysts anticipate that Delphi Automotive will post 4.74 EPS for the current year.

The firm also recently disclosed a Not Available dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be given a $0.22 dividend. The ex-dividend date is Friday, February 2nd. Delphi Automotive’s dividend payout ratio is currently 29.04%.

In other news, insider Kevin P. Clark bought 22,500 shares of the stock in a transaction dated Wednesday, December 6th. The stock was bought at an average price of $87.88 per share, for a total transaction of $1,977,300.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Frank J. Dellaquila acquired 1,000 shares of the stock in a transaction on Friday, December 15th. The shares were bought at an average price of $83.88 per share, with a total value of $83,880.00. The disclosure for this purchase can be found here. 0.31% of the stock is currently owned by company insiders.

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Delphi Automotive Company Profile

Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.

Analyst Recommendations for Delphi Automotive (NYSE:APTV)

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