Alert: Rating Downgrade (12/15/23)-Aptiv Plc (NYSE: APTV).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Aptiv Plc (NYSE: APTV) weakened of late. APTV’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.

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Recent Price Action

On 12/15/23, Aptiv Plc (NYSE: APTV) stock declined modestly by -1.9%, closing at $87.20. Moreover, this decline was accompanied by unusually high trading volume at 186% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, APTV is expected to continue to be a major Value Builder.

Aptiv has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Aptiv has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 34, and the Negative Value Trend Rating results.

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