Aptiv(US:APTV) ZACKSยท2024-10-10 23:08Company Performance - Aptiv PLC (APTV) closed at $70.75, reflecting a -0.85% change from the previous day, underperforming the S&P 500's daily loss of 0.21% [1] - Over the past month, Aptiv's shares increased by 9%, outperforming the Business Services sector's gain of 4% and the S&P 500's gain of 5.94% [1] - The upcoming earnings report is anticipated on October 31, 2024, with projected EPS of $1.71, indicating a 31.54% increase year-over-year, and expected revenue of $5.18 billion, a 1.39% increase compared to the same quarter last year [1] Annual Forecast - Zacks Consensus Estimates predict earnings of $6.28 per share and revenue of $20.21 billion for the year, representing increases of +29.22% and +0.8% respectively compared to the previous year [2] - Recent analyst estimate revisions for Aptiv PLC suggest positive short-term business trends, which are correlated with near-term stock prices [2] Valuation Metrics - Aptiv PLC has a Forward P/E ratio of 11.36, which is a discount compared to the industry average Forward P/E of 25.49 [3] - The company has a PEG ratio of 0.65, significantly lower than the Technology Services industry's average PEG ratio of 1.66 [3] Industry Overview - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 80, placing it in the top 32% 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]