Aptiv Plc (NYSE: APTV) has reported E.P.S. of $1.48 for its third fiscal quarter (ending September 30) versus $5.76 for the same period a year ago — a decline of -74%. For the latest four quarters through September 30, E.P.S. were $8.98 compared to $8.13 a year ago — an increase of 10%.
Recent Price Action
On 10/31/24, Aptiv Plc (NYSE: APTV) stock suffered a major decline of -17.7%, closing at $56.83. Moreover, trading volume in this decline was exceptionally high at 552% of normal. The stock has been weak relative to the market over the last nine months and has declined -18.3% during the last week.
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 B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Aptiv has a very high Appreciation Score of 91 but a slightly negative Power Rating of 36, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information and 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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