Aptiv(US:APTV) ZACKSยท2024-10-04 22:56Company Performance - Aptiv PLC's stock closed at $70.33, reflecting a +1.97% change from the previous day, outperforming the S&P 500's gain of 0.9% [1] - Over the last month, Aptiv's shares decreased by 2.82%, underperforming the Business Services sector and S&P 500, both of which gained 3.15% [1] - The upcoming earnings report is scheduled for October 31, 2024, with projected EPS of $1.71, indicating a 31.54% increase year-over-year, and revenue estimates of $5.18 billion, up 1.39% from the previous year [1] Full Year Estimates - For the full year, earnings are projected at $6.28 per share and revenue at $20.21 billion, representing increases of +29.22% and +0.8% respectively from the prior year [2] - Recent changes in analyst estimates for Aptiv PLC reflect evolving short-term business trends, with positive revisions indicating analyst optimism regarding the company's profitability [2] Valuation Metrics - Aptiv PLC has a Forward P/E ratio of 10.99, which is a discount compared to the industry average Forward P/E of 23.74 [3] - The company has a PEG ratio of 0.63, 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 65, placing it in the top 26% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]