Aptiv(US:APTV) ZACKSยท2024-06-13 23:12Company Performance - Aptiv PLC closed at $74.51, reflecting a -1.01% change from the previous session, underperforming the S&P 500's gain of 0.23% [1] - Over the past month, shares of Aptiv PLC have decreased by 7.9%, while the Business Services sector gained 0.02% and the S&P 500 increased by 3.96% [1] - The upcoming earnings report is projected to show earnings of $1.40 per share, indicating a year-over-year growth of 12%, with revenue expected to reach $5.35 billion, a 2.9% increase from the same quarter last year [1] Full Year Estimates - Analysts expect Aptiv PLC to report earnings of $6.01 per share and revenue of $21.1 billion for the full year, representing changes of +23.66% and +5.23% respectively from the previous year [2] - Recent revisions to analyst estimates suggest positive near-term business trends, which are often linked to stock price performance [2] Valuation Metrics - Aptiv PLC has a Forward P/E ratio of 12.52, significantly lower than the industry average of 22.25, indicating it is trading at a discount [3] - The company currently has a PEG ratio of 0.6, compared to the average PEG ratio of 1.56 for Technology Services stocks [3] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]