Autoliv, Inc. (ALV) Hits Fresh High: Is There Still Room to Run?

Company Performance - Autoliv, Inc. (ALV) shares have increased by 6.5% over the past month, reaching a new 52-week high of $129.54 [1] - The stock has gained 8% since the beginning of the year, outperforming the Zacks Auto-Tires-Trucks sector's 13.7% increase and the Zacks Automotive - Original Equipment industry's 0.8% return [1] Earnings and Revenue - Autoliv has consistently beaten earnings estimates, with a reported EPS of $2.32 in its last earnings report, surpassing the consensus estimate of $2.1 by 10.48% [2] - For the current fiscal year, Autoliv is projected to earn $10.6 per share on revenues of $10.76 billion, with a year-over-year earnings growth of 11.4% [3] - The next fiscal year is expected to see earnings of $12.15 per share on revenues of $11.1 billion, representing a 3.17% increase [3] Valuation Metrics - Autoliv's current trading valuation is at 12.1X the current fiscal year EPS estimates, below the peer industry average of 13.7X [7] - The stock trades at 9.4X on a trailing cash flow basis, slightly above the peer group's average of 9X [7] - Autoliv has a PEG ratio of 0.87, positioning it favorably among value investors [7] Zacks Rank and Style Scores - Autoliv holds a Zacks Rank of 2 (Buy), supported by a positive earnings estimate revision trend [8] - The company has a Value Score of A, a Growth Score of C, and a Momentum Score of D, resulting in a VGM Score of B [6][8] Industry Comparison - The Automotive - Original Equipment industry is performing well, ranking in the top 35% of all industries, providing favorable conditions for both Autoliv and its peer, Magna International Inc. (MGA) [11] - Magna International Inc. also has a Zacks Rank of 2 (Buy) and shows strong earnings performance, with expected earnings of $5.99 per share on revenues of $41.61 billion for the current fiscal year [10]