Autoliv retires 1.37M shares of repurchased stock
Seeking Alpha News (Thu, 28-Mar 7:36 AM ET)
Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
PRNewswire (Thu, 28-Mar 6:17 AM ET)
Autoliv (ALV) Gets a Buy from Kepler Capital
TipRanks (Wed, 27-Mar 9:35 PM ET)
Autoliv publishes its Annual and Sustainability Report for 2023
PRNewswire (Tue, 20-Feb 8:34 AM ET)
Autoliv Declares Quarterly Dividend
PRNewswire (Tue, 20-Feb 5:41 AM ET)
Autoliv: Financial Report October - December 2023
PRNewswire (Fri, 26-Jan 6:53 AM ET)
PRNewswire (Tue, 16-Jan 2:41 AM ET)
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 10% of 2023 revenue, with Stellantis accounting for 10% and Volkswagen 9%. At 34% of 2023 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 20%, and rest of world at 19%.
Autoliv trades on the NYSE stock market under the symbol ALV.
As of March 28, 2024, ALV stock price declined to $121.30 with 126,883 million shares trading.
ALV has a beta of 0.97, meaning it tends to be less sensitive to market movements. ALV has a correlation of 0.20 to the broad based SPY ETF.
ALV has a market cap of $9.88 billion. This is considered a Mid Cap stock.
Last quarter Autoliv reported $3 billion in Revenue and $3.74 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.51.
In the last 3 years, ALV stock traded as high as $124.38 and as low as $65.74.
The top ETF exchange traded funds that ALV belongs to (by Net Assets): IJH, VXF, MDY, VYM, IJK.
ALV has outperformed the market in the last year with a return of +39.0%, while the SPY ETF gained +33.7%. However, in the most recent history, ALV shares have underperformed the stock market with its stock returning +9.9% in the last 3 month period and -0.7% for the last 2 week period, while SPY has returned +10.1% and +1.7%, respectively.
ALV support price is $120.68 and resistance is $123.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALV stock will trade within this expected range on the day.