What’s Ahead for Aptiv PLC (APTV) After Making 52-Week High?

May 23, 2018 - By Marie Mckinney

The stock of Aptiv PLC (NYSE:APTV) hit a new 52-week high and has $103.92 target or 6.00 % above today’s $98.04 share price. The 8 months bullish chart indicates low risk for the $25.96B company. The 1-year high was reported on May, 23 by Barchart.com. If the $103.92 price target is reached, the company will be worth $1.56B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.10% or $0.1 during the last trading session, reaching $98.04. About 130,394 shares traded. Aptiv PLC (NYSE:APTV) has risen 26.72% since May 23, 2017 and is uptrending. It has outperformed by 15.17% the S&P500.

Analysts await Aptiv PLC (NYSE:APTV) to report earnings on August, 1. They expect $1.37 earnings per share, down 19.88 % or $0.34 from last year’s $1.71 per share. APTV’s profit will be $362.73 million for 17.89 P/E if the $1.37 EPS becomes a reality. After $1.29 actual earnings per share reported by Aptiv PLC for the previous quarter, Wall Street now forecasts 6.20 % EPS growth.

More important recent Aptiv PLC (NYSE:APTV) news were published by: Seekingalpha.com which released: “Aptiv’s (APTV) CEO Kevin Clark on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018, also Streetinsider.com published article titled: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F”, Prnewswire.com published: “New Frontier of Artificial Intelligence (AI) for Tech Industry Could Top $190 Billion By 2025” on May 22, 2018. More interesting news about Aptiv PLC (NYSE:APTV) was released by: Streetinsider.com and their article: “Aptive PLC. (APTV) PT Raised to $105 at Evercore ISI” with publication date: May 02, 2018.

Aptiv PLC, together with its subsidiaries, manufacturers vehicle components; and provides electrical and electronic, powertrain, and safety technology solutions to the automotive and commercial vehicle markets worldwide. The company has market cap of $25.96 billion. It operates through three divisions: Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety. It has a 19.38 P/E ratio. The Electrical/Electronic Architecture segment offers complete design of the vehicle??s electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers, and hybrid high voltage and safety distribution systems.

Aptiv PLC (NYSE:APTV) Ratings Chart

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