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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) ended the recent trading session at $44.79, demonstrating a -1.65% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.48%. Elsewhere, the Dow saw a downswing of 0.29%, while the tech-heavy Nasdaq depreciated by 0.56%.
Coming into today, shares of the company had lost 8.11% in the past month. In that same time, the Business Services sector lost 2.87%, while the S&P 500 lost 0.82%.
The upcoming earnings release of Aptiv PLC will be of great interest to investors. On that day, Aptiv PLC is projected to report earnings of $1.33 per share, which would represent a year-over-year decline of 38.71%. Simultaneously, our latest consensus estimate expects the revenue to be $3.2 billion, showing a 38.64% drop compared to the year-ago quarter.
APTV's full-year Zacks Consensus Estimates are calling for earnings of $5.69 per share and revenue of $12.71 billion. These results would represent year-over-year changes of -27.24% and -37.7%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Aptiv PLC. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Aptiv PLC is currently a Zacks Rank #4 (Sell).
Valuation is also important, so investors should note that Aptiv PLC has a Forward P/E ratio of 8 right now. For comparison, its industry has an average Forward P/E of 17.75, which means Aptiv PLC is trading at a discount to the group.
Investors should also note that APTV has a PEG ratio of 0.88 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.26.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 35% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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) ended the recent trading session at $44.79, demonstrating a -1.65% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.48%. Elsewhere, the Dow saw a downswing of 0.29%, while the tech-heavy Nasdaq depreciated by 0.56%.
Coming into today, shares of the company had lost 8.11% in the past month. In that same time, the Business Services sector lost 2.87%, while the S&P 500 lost 0.82%.
The upcoming earnings release of Aptiv PLC will be of great interest to investors. On that day, Aptiv PLC is projected to report earnings of $1.33 per share, which would represent a year-over-year decline of 38.71%. Simultaneously, our latest consensus estimate expects the revenue to be $3.2 billion, showing a 38.64% drop compared to the year-ago quarter.
APTV's full-year Zacks Consensus Estimates are calling for earnings of $5.69 per share and revenue of $12.71 billion. These results would represent year-over-year changes of -27.24% and -37.7%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Aptiv PLC. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Aptiv PLC is currently a Zacks Rank #4 (Sell).
Valuation is also important, so investors should note that Aptiv PLC has a Forward P/E ratio of 8 right now. For comparison, its industry has an average Forward P/E of 17.75, which means Aptiv PLC is trading at a discount to the group.
Investors should also note that APTV has a PEG ratio of 0.88 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.26.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 35% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.