Stock Rating Downgrade
The Value Trend Rating for Autoliv Inc (NYSE: ALV) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Autoliv Inc (NYSE: ALV) stock closed at $98.49 on 7/29/24 after a slight decline of -0.5%. However, below average trading volume at 71% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 0.8% 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 C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Autoliv has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 62, triggering the High Neutral Value Trend Rating.
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