Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Autoliv Inc. (ALV - Analyst Report), the pioneer in automotive safety systems, announced the development of a Stereo Vision Sensing (SVS) system. This unique offering is expected to provide a safer and comfortable driving experience. The company plans to deliver this system from 2015 for the European premium vehicle models.

The SVS system will abide by the new test criteria announced by the European New Car Assessment Programme (Euro NCAP). Additionally, it will focus on the criteria including Autonomous Emergency Braking, Intelligent Speed Assist, Lane Departure Assists and Pedestrian Protection.

At present, the vehicles are equipped with Mono Vision Systems (MVS). The single camera is used for Speed Sign Recognition, Lane Departure Warnings, and Autonomous Emergency Braking. The SVS system, with an additional camera placed at the front windshield behind the rear view mirror, will provide a three dimensional view of the area in front of a vehicle.

This enables the SVS to calculate the distance between the objects and the chances of collision. The SVS system has a field view of 50 degrees and can recognize objects within 120 meters. In addition, the system features Adaptive Cruise Control, Queue Assist, Light Source Recognition and Road Surface Monitoring.

Autoliv posted a 20.6% increase in earnings per share to $1.29 in the first quarter of 2013 from $1.07 year ago, beating the Zacks Consensus Estimate by a couple of cents. Earnings benefited from lower capacity alignments and antitrust investigations costs, partly offset by lower underlying operating profit. Consolidated revenues slid 2.0% to $2.1 billion due to negative currency effects and a small divestiture.

Currently, Autoliv’s stock carries a Zacks Rank #3 (Hold). Other stocks that are performing well in the industry include Tower International, Inc. (TOWR - Snapshot Report), Visteon Corp. (VC - Snapshot Report) and STRATTEC Security Corp. (STRT - Snapshot Report). All the stocks carry a Zacks Rank #1 (Strong Buy).

 

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
BITAUTO HOLD BITA 35.33 +14.82%
ANI PHARMACE ANIP 24.79 +14.66%
E HOUSECHINA EJ 10.99 +9.24%
CANADIAN SOL CSIQ 26.97 +7.15%
INTERNATIONA ICAGY 33.30 +5.38%