APTV Stock Summary and Trading Ideas (Aptiv PLC | NYSE:APTV)

Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. In 2023, Aptiv's top 10 customers accounted for 54% of revenue, all of which were less than 10%. Historically, General Motors, Stellantis, Ford, and Volkswagen, have been the firms largest customers. North America, Europe, and Asia represented approximately 37%, 33%, and 28% of total 2023 revenue, respectively.

Aptiv PLC trades on the NYSE stock market under the symbol APTV.

As of April 24, 2024, APTV stock price climbed to $71.04 with 670,685 million shares trading.

APTV has a beta of 0.98, meaning it tends to be less sensitive to market movements. APTV has a correlation of 0.15 to the broad based SPY ETF.

APTV has a market cap of $19.37 billion. This is considered a Large Cap stock.

Last quarter Aptiv PLC reported $5 billion in Revenue and $1.40 earnings per share. This fell short of revenue expectation by $-141 million and exceeded earnings estimates by $.07.

In the last 3 years, APTV stock traded as high as $180.81 and as low as $68.84.

The top ETF exchange traded funds that APTV belongs to (by Net Assets): VTI, VOO, VO, SPY, VUG.

APTV has underperformed the market in the last year with a price return of -32.5% while the SPY ETF gained +23.9%. APTV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.0% and -10.0%, respectively, while the SPY returned +4.3% and -2.9%, respectively.

APTV support price is $68.74 and resistance is $71.76 (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 APTV stock will trade within this expected range on the day.