Aptiv PLC (APTV)
72.01 USD -2.23 (-3.00%) Volume: 3.12M
Aptiv PLC’s stock price stands at 72.01 USD, witnessing a drop of 3.00% this trading session with a trading volume of 3.12M, marking a year-to-date percentage change of -19.74%, reflecting the current market trends and investor sentiment.
Latest developments on Aptiv PLC
On Monday, Aptiv PLC‘s stock price experienced a decline, underperforming the overall market. This movement comes amidst various investment activities surrounding the company, including MBB Public Markets I LLC taking a $1.45 million position, AQR Capital Management LLC holding a $51.06 million stake, and APG Asset Management N.V. purchasing 32,421 shares. In contrast, Intech Investment Management LLC sold 10,769 shares of Aptiv PLC. Investors are eagerly awaiting the release of the company’s third-quarter 2024 financial results, which may provide further insight into the stock’s performance.
Aptiv PLC on Smartkarma
Analysts on Smartkarma are bullish on Aptiv PLC, with insights from Tech Supply Chain Tracker and Value Investors Club. Tech Supply Chain Tracker highlights India’s restrictions on Chinese involvement and the allure of Taiwanese investments. AWS is investing in Taiwan data centers, while Elephantech seeks partners for sustainable PCB manufacturing. On the other hand, Value Investors Club sees Aptiv returning around 20% of their market cap over the next 18 months, despite negative sentiment towards electric vehicles. The company’s consistent revenue growth and strong financial performance under a shareholder-oriented management team position it well in the auto supplier industry.
A look at Aptiv PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Aptiv PLC shows a promising long-term outlook. With a high Growth score of 5, the company is expected to experience strong expansion in the future. This is complemented by a solid Value score of 4, indicating that Aptiv is considered to be undervalued in the market. However, the company’s low Dividend score of 1 suggests that it may not be a top choice for income investors.
In terms of resilience and momentum, Aptiv PLC scores a 3 for both factors. This indicates that the company is moderately well-positioned to weather economic downturns and has a stable performance trajectory. Overall, Aptiv’s focus on manufacturing vehicle components, particularly electronic safety systems, positions it well for future growth and success in the global automotive industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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