Autoliv Inc (NYSE: ALV) stock closed at $97.66 on 7/19/24 after a major decline of -10.1%. Moreover, trading volume in this decline was exceptionally high at 328% of normal. Relative to the market the stock has been strong over the last nine months but has declined -10.4% during the last week.
Current PriceTarget Research Rating
ALV is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Autoliv has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Autoliv has a slightly positive Appreciation Score of 63 and a slightly positive Power Rating of 67, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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