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Aptiv PLC (APTV) Increases Despite Market Slip: Here's What You Need to Know
AptivAptiv(US:APTV) ZACKSยท2024-12-05 23:51

Company Performance - Aptiv PLC's stock closed at $56.91, reflecting a +0.89% change from the previous trading day's close, outperforming the S&P 500's loss of 0.19% [1] - Over the last month, Aptiv's shares increased by 4.79%, lagging behind the Business Services sector's gain of 12.42% and the S&P 500's gain of 6.66% [1] Upcoming Earnings - Aptiv is projected to report earnings of $1.62 per share, indicating a year-over-year growth of 15.71% [2] - The Zacks Consensus Estimate for revenue is $4.88 billion, which is a decrease of 0.72% from the previous year [2] Full-Year Estimates - The full-year Zacks Consensus Estimates for Aptiv are earnings of $6.15 per share and revenue of $19.69 billion, representing year-over-year changes of +26.54% and -1.8%, respectively [3] - Recent changes to analyst estimates reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [3] Valuation Metrics - Aptiv has a Forward P/E ratio of 9.17, which is significantly lower than the industry average of 27.75 [6] - The company also has a PEG ratio of 0.57, compared to the Technology Services industry's average PEG ratio of 1.69 [6] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 70, placing it in the top 28% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]