Aptiv Plc (NYSE: APTV) has reported earnings for its second fiscal quarter (ending June 30) of $3.47 versus $0.84 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $13.22 versus $3.30 for the same period a year ago.
Recent Price Action
Aptiv Plc (NYSE: APTV) stock enjoyed a very large increase of 5.4% on 8/1/24. The shares closed at $73.13. Moreover, trading volume in this advance was exceptionally high at 302% of normal. The stock has risen 9.0% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
APTV is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Aptiv has a current Value Trend Rating of C (Neutral). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing very contradictory signals. Aptiv has a very high Appreciation Score of 87 but a poor Power Rating of 23, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.