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Aptiv PLC (APTV) Falls More Steeply Than Broader Market: What Investors Need to Know
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Aptiv PLC (APTV - Free Report) ended the recent trading session at $61.42, demonstrating a -3.38% change from the preceding day's closing price. This change lagged the S&P 500's 1.44% loss on the day. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%.
The company's stock has climbed by 10.83% in the past month, exceeding the Business Services sector's loss of 2.49% and the S&P 500's gain of 0.08%.
The upcoming earnings release of Aptiv PLC will be of great interest to investors. It is anticipated that the company will report an EPS of $1.41, marking a 33.49% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $3.3 billion, down 36.68% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.32 per share and revenue of $15.05 billion, indicating changes of -19.18% and -26.19%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Aptiv PLC should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.55% fall in the Zacks Consensus EPS estimate. At present, Aptiv PLC boasts a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, Aptiv PLC is currently exchanging hands at a Forward P/E ratio of 10.05. This valuation marks a discount compared to its industry average Forward P/E of 15.4.
Investors should also note that APTV has a PEG ratio of 1.07 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Technology Services industry currently had an average PEG ratio of 1.37 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 171, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Aptiv PLC (APTV) Falls More Steeply Than Broader Market: What Investors Need to Know
Aptiv PLC (APTV - Free Report) ended the recent trading session at $61.42, demonstrating a -3.38% change from the preceding day's closing price. This change lagged the S&P 500's 1.44% loss on the day. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%.
The company's stock has climbed by 10.83% in the past month, exceeding the Business Services sector's loss of 2.49% and the S&P 500's gain of 0.08%.
The upcoming earnings release of Aptiv PLC will be of great interest to investors. It is anticipated that the company will report an EPS of $1.41, marking a 33.49% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $3.3 billion, down 36.68% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.32 per share and revenue of $15.05 billion, indicating changes of -19.18% and -26.19%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Aptiv PLC should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.55% fall in the Zacks Consensus EPS estimate. At present, Aptiv PLC boasts a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, Aptiv PLC is currently exchanging hands at a Forward P/E ratio of 10.05. This valuation marks a discount compared to its industry average Forward P/E of 15.4.
Investors should also note that APTV has a PEG ratio of 1.07 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Technology Services industry currently had an average PEG ratio of 1.37 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 171, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.