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Company Performance - Aptiv PLC closed at $74.51, reflecting a -1.01% change from the previous session, underperforming the S&P 500's gain of 0.23% [1] - Over the past month, shares of Aptiv PLC have decreased by 7.9%, while the Business Services sector gained 0.02% and the S&P 500 increased by 3.96% [1] - The upcoming earnings report is projected to show earnings of $1.40 per share, indicating a year-over-year growth of 12%, with revenue expected to reach $5.35 billion, a 2.9% increase from the same quarter last year [1] Full Year Estimates - Analysts expect Aptiv PLC to report earnings of $6.01 per share and revenue of $21.1 billion for the full year, representing changes of +23.66% and +5.23% respectively from the previous year [2] - Recent revisions to analyst estimates suggest positive near-term business trends, which are often linked to stock price performance [2] Valuation Metrics - Aptiv PLC has a Forward P/E ratio of 12.52, significantly lower than the industry average of 22.25, indicating it is trading at a discount [3] - The company currently has a PEG ratio of 0.6, compared to the average PEG ratio of 1.56 for Technology Services stocks [3] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence [1] Zacks Style Scores - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [2] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Score focuses on identifying undervalued stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [2] Growth Score - The Growth Score assesses a company's financial strength and future outlook, considering projected and historical earnings, sales, and cash flow to find stocks with sustainable growth [3] Momentum Score - The Momentum Score identifies optimal times to invest based on price trends and earnings outlook changes, emphasizing the importance of following market trends [3] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that evaluates stocks based on value, growth, and momentum [4] Zacks Rank - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - There are over 800 top-rated stocks available, making it essential for investors to select those that align with their investment strategies [5] Stock to Watch: Aptiv PLC (APTV) - Aptiv PLC is a leading global technology and mobility company serving the automotive sector, specializing in vehicle components and providing advanced safety and autonomous driving technologies [7] - APTV holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of B, with a Value Style Score of A due to a forward P/E ratio of 12.52, indicating strong valuation metrics [7] - In the last 60 days, eight analysts have raised their earnings estimates for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.34 to $6.01 per share, and APTV has an average earnings surprise of 12.2% [7][8]

Core Insights - Value investing remains a preferred strategy for identifying strong stocks across various market conditions, focusing on key valuation metrics to find undervalued stocks [1] - The Zacks Rank and Style Scores system assist investors in identifying high-quality value stocks, particularly those with high Zacks Ranks and "A" grades for Value [1] Company Overview: Aptiv (APTV) - Aptiv currently holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong investment potential [2] - APTV has a PEG ratio of 0.54, significantly lower than the industry average of 1.09, suggesting it may be undervalued relative to its expected EPS growth [2] - The stock's PEG has fluctuated between a high of 1.99 and a low of 0.54 over the past 52 weeks, with a median of 0.92 [2] - APTV's P/S ratio stands at 1.02, compared to the industry's average P/S of 1.63, further indicating potential undervaluation [2] - These metrics contribute to APTV's strong Value grade, suggesting it is likely undervalued at present [3]

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Core Viewpoint - Investors in the Technology Services sector should consider Aptiv PLC (APTV) and Maplebear (CART) as potential value opportunities, with APTV currently appearing to offer better value based on various financial metrics [1]. Valuation Metrics - APTV has a forward P/E ratio of 12.69, while CART has a significantly higher forward P/E of 32.72 [2]. - APTV's PEG ratio is 0.61, indicating a favorable valuation relative to its expected EPS growth, whereas CART's PEG ratio stands at 1.20 [2]. - APTV's P/B ratio is 1.83, which is lower than CART's P/B ratio of 2.83, suggesting APTV is more undervalued compared to its book value [2]. Value Grades - APTV has received a Value grade of A, while CART has a Value grade of D, indicating that APTV is currently viewed as the superior value option based on the discussed metrics [3].

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Aptiv PLC (APTV), and suggests that while the average brokerage recommendation (ABR) indicates a favorable outlook, investors should be cautious and validate these recommendations with other tools like Zacks Rank [1][2][3]. Group 1: Brokerage Recommendations - Aptiv currently has an average brokerage recommendation (ABR) of 1.84, indicating a position between Strong Buy and Buy, based on recommendations from 20 brokerage firms [1]. - Of the 20 recommendations, 12 are Strong Buy and 2 are Buy, which account for 60% and 10% of all recommendations respectively [1]. - Studies indicate that brokerage recommendations often show limited success in guiding investors towards stocks with the best price increase potential due to the vested interests of brokerage firms [2][5]. Group 2: Zacks Rank vs. ABR - Zacks Rank is a proprietary stock rating tool that categorizes stocks into five groups based on earnings estimate revisions, which is a more effective indicator of near-term stock price performance compared to ABR [3][4]. - The Zacks Rank is timely and reflects the latest earnings estimate revisions, while ABR may not always be up-to-date [6]. - The Zacks Consensus Estimate for Aptiv has increased by 0.2% over the past month to $6.01, contributing to a Zacks Rank 2 (Buy) for the company [7]. Group 3: Investment Implications - The growing optimism among analysts regarding Aptiv's earnings prospects, as indicated by the upward revisions in EPS estimates, suggests potential for stock price appreciation in the near term [7]. - The Buy-equivalent ABR for Aptiv may serve as a useful guide for investors, but it is recommended to use it in conjunction with Zacks Rank for a more informed investment decision [7].

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Harte Hanks (HHS) : This data-driven, omnichannel marketing company which offers customer data landscape as well as the executional know-how in database build and management, data analytics, data-driven creativity, digital media, direct mail, customer contact, client fulfilment and marketing and product logistics, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.American Axle & M ...

jetcityimage Aptiv (NYSE:APTV) reported 1Q24 results that surpassed very low expectations, which helped to improve sentiment around the stock. There were many things to like the report: 1Q24 revenues coming in-line while margins surpassed expectations. While guidance came down, they came down towards lower expectations, relieving investor fears that things are not as bad as it seems. The doubling of the share buyback target implies management sees Aptiv as undervalued and are confident in the future p ...

The most recent trading session ended with Aptiv PLC (APTV) standing at $81.42, reflecting a +0.15% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 0.11%. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq depreciated by 0.23%.The company's shares have seen a decrease of 2.86% over the last month, not keeping up with the Business Services sector's gain of 0.39% and the S&P 500's gain of 3.51%.The upcoming earnings release of ...