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Aptiv PLC (APTV) Registers a Bigger Fall Than the Market: Important Facts to Note
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Aptiv PLC (APTV - Free Report) closed the most recent trading day at $58.85, moving -1.47% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Heading into today, shares of the company had lost 13.8% over the past month, lagging the Business Services sector's gain of 4.05% and the S&P 500's gain of 2.14%.
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. Alongside, our most recent consensus estimate is anticipating revenue of $3.29 billion, indicating a 36.74% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.25 per share and a revenue of $15.1 billion, indicating changes of -20.08% and -26%, respectively, from the former 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. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.72% lower. Right now, Aptiv PLC possesses a Zacks Rank of #4 (Sell).
Investors should also note Aptiv PLC's current valuation metrics, including its Forward P/E ratio of 9.55. This expresses a discount compared to the average Forward P/E of 17.75 of its industry.
Investors should also note that APTV has a PEG ratio of 1.05 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.53.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Aptiv PLC (APTV) Registers a Bigger Fall Than the Market: Important Facts to Note
Aptiv PLC (APTV - Free Report) closed the most recent trading day at $58.85, moving -1.47% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Heading into today, shares of the company had lost 13.8% over the past month, lagging the Business Services sector's gain of 4.05% and the S&P 500's gain of 2.14%.
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. Alongside, our most recent consensus estimate is anticipating revenue of $3.29 billion, indicating a 36.74% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.25 per share and a revenue of $15.1 billion, indicating changes of -20.08% and -26%, respectively, from the former 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. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.72% lower. Right now, Aptiv PLC possesses a Zacks Rank of #4 (Sell).
Investors should also note Aptiv PLC's current valuation metrics, including its Forward P/E ratio of 9.55. This expresses a discount compared to the average Forward P/E of 17.75 of its industry.
Investors should also note that APTV has a PEG ratio of 1.05 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.53.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.