Aptiv(US:APTV) ZACKSยท2024-10-02 23:06Company Performance - Aptiv PLC closed at $70.05, reflecting a -0.67% change from the previous day, underperforming the S&P 500's daily gain of 0.01% [1] - Over the past month, shares of Aptiv PLC gained 0.58%, while the Business Services sector and S&P 500 gained 1.2% and 1.21% respectively [1] - The upcoming earnings report on October 31, 2024, is projected to show earnings of $1.71 per share, indicating a year-over-year growth of 31.54% [1] Financial Estimates - For the full year, analysts expect earnings of $6.28 per share and revenue of $20.21 billion, representing changes of +29.22% and +0.8% from the previous year [2] - Recent revisions to analyst forecasts are crucial as they reflect short-term business trends and can influence stock prices [2] Valuation Metrics - Aptiv PLC has a Forward P/E ratio of 11.24, significantly lower than the industry average of 25.45, suggesting it is trading at a discount [3] - The company's PEG ratio is currently 0.65, compared to the Technology Services industry's average PEG ratio of 1.56 [3] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 73, placing it in the top 29% of over 250 industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for companies like Aptiv PLC [4]