Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Aptiv PLC (APTV) .APTIV HLDS LTD currently has an average brokerage recomm ...

Aptiv (NYSE: APTV ) is a $13bn market-cap auto component manufacturer, providing a variety of electrical components and ADAS systems for both ICE and EVs. Key to the investment thesis is the adoption of EVs, as they carry aI'm an IMC qualified contributor who's followed financial markets for 5 years and has worked professionally in primary investment research for over 2 years. I'm a generalist who enjoys researching businesses from a buttom's up angle with a deep interest in smaller under covered companies ...

Aptiv PLC (NYSE: APTV ) designs and manufactures vehicle components across the world, focusing on vehicle electrification and connectivity. The company serves 25 leading global automotive OEMs, generating 36% of sales in North America, 34% in EMEA, 28% in APAC, and 2% in South America.I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around ident ...

The most recent trading session ended with Aptiv PLC (APTV) standing at $56.91, reflecting a +0.89% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.18%.The company's shares have seen an increase of 4.79% over the last month, not keeping up with the Business Services sector's gain of 12.42% and the S&P 500's gain of 6.66%.Investors wil ...

Investing in growth companies is a strategy that has paid off well over many years. Since 2009, growth stocks have broadly outperformed value stocks. The Russell 1000 Growth Index has returned nearly 1,200% since 2009, while the Russell 1000 Value Index has returned over 500%. However, even when investing in growing companies, looking for value still applies. That’s where the idea of growth at a reasonable price (GARP) comes into play. This style of investing looks to find stocks that look cheap compared to ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Aptiv PLC (APTV) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Aptiv currently has an average brokerage ...

Financial Performance - Total net sales for the three months ended September 30, 2024, were $4.9 billion, a decrease of 5% compared to the same period in 2023[166]. - Total net sales for the nine months ended September 30, 2024, were $14.8 billion, a decrease of 2% compared to the same period in 2023[166]. - Net sales for the three months ended September 30, 2024, decreased by 5% to $4,854 million compared to $5,114 million in the same period of 2023, primarily due to a 7% decline in volume[181]. - Total net sales for the nine months ended September 30, 2024, decreased by 2% to $14,806 million compared to $15,132 million in the same period of 2023, with a 3% decline in volume[183]. Operational Metrics - Volumes decreased by 7% for the three months ended September 30, 2024, reflecting a 5% decline in global automotive production[166]. - Volumes decreased by 3% for the nine months ended September 30, 2024, primarily due to declines in Europe and North America[166]. - Global automotive vehicle production decreased by 2% for the nine months ended September 30, 2024, compared to 2023[169]. - Automotive production in China grew by 10% in 2023, following a 3% growth in 2022, with expectations for stronger long-term growth driven by rising income levels[173]. Income and Expenses - Operating income for the three months ended September 30, 2024, increased by $57 million to $503 million compared to $446 million in the same period of 2023[180]. - Net income attributable to Aptiv for the three months ended September 30, 2024, was $363 million, a decrease of $1,266 million compared to $1,629 million in the same period of 2023[180]. - Selling, general and administrative (SG&A) expenses for the three months ended September 30, 2024, were $331 million, a decrease of $29 million compared to $360 million in the same period of 2023[189]. - Interest expense increased to $230 million for the nine months ended September 30, 2024, from $214 million in 2023, primarily due to new debt issuances totaling €750 million and $2.5 billion[194]. Research and Development - The company invested approximately $1.8 billion in research and development during the year ended December 31, 2023, including about $492 million from co-investments by customers and government agencies[175]. - The company holds approximately 10,000 patents and protective rights, reflecting its strong focus on innovation and technology development[175]. Restructuring and Charges - The Company recorded restructuring charges of approximately $16 million and $125 million for the three and nine months ended September 30, 2024, respectively, compared to $28 million and $81 million for the same periods in 2023[192]. - The Company expects to incur additional restructuring expenses in 2024, primarily related to manufacturing footprint adjustments, with approximately $45 million allocated for programs approved as of September 30, 2024[192]. - The Company plans to make cash payments of approximately $80 million over the next twelve months related to current restructuring programs[192]. Cash Flow and Liquidity - Net cash provided by operating activities for the nine months ended September 30, 2024, totaled $1,386 million, compared to $1,272 million for the same period in 2023[230]. - Net cash used in investing activities was $1,084 million for the nine months ended September 30, 2024, primarily due to short-term investment purchases of $748 million and capital expenditures of $664 million[230]. - Total available liquidity as of September 30, 2024, was $3,897 million, including cash and cash equivalents of $1,054 million and unutilized credit facilities[207]. Market Conditions - The automotive industry is experiencing significant inflationary pressures, particularly in raw materials like copper and petroleum-based resin products, impacting operational costs[178]. - The global semiconductor supply shortage has led to increased pricing pressures, with expectations for continued volatility in semiconductor supply costs and commodity prices[178]. Investments and Acquisitions - The company acquired Wind River in December 2022 to enhance capabilities in software-defined mobility and intelligent systems[171]. - Aptiv acquired 100% of Höhle Ltd. for a total consideration of $42 million on April 3, 2023[213]. - Hyundai invested $475 million in Motional for an additional 11.7% equity interest, diluting Aptiv's stake from 50% to approximately 44%[214]. Tax and Foreign Currency - The Company experienced a significant income tax expense of $32 million for the three months ended September 30, 2024, compared to a benefit of $1,312 million in the same period of 2023[180]. - The effective tax rate for the nine months ended September 30, 2024, was adversely impacted by the European Union's minimum effective tax rate framework, which is set to begin in 2024[197]. Debt and Financial Position - Aptiv's gross debt stood at approximately $9.7 billion, with available liquidity of about $3.9 billion as of September 30, 2024[176]. - As of September 30, 2024, net debt was $8.5 billion, indicating a significant leverage position relative to cash and cash equivalents[206]. - The company has no off-balance sheet financial arrangements that could materially affect its financial condition[231].

Aptiv PLC (APTV)  reported mixed third-quarter 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.Adjusted earnings of $1.83 per share beat the Zacks Consensus Estimate by 8.3% and increased 40.8% year over year. Revenues of $4.9 billion missed the Zacks Consensus Estimate by 6.1% and decreased 5.1% year over year.The company’s adjusted revenues declined 6% year over year. Adjusted revenues declined 7% in North America and 4% in Asia, including a 6% decrease in Ch ...

Aptiv PLC (NYSE:APTV) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Kevin Clark - Chairman and CEO Joe Massaro - Vice Chairman and CFO\ Jane Wu - VP, IR and Corporate Development Conference Call Participants Chris McNally - Evercore ISI John Murphy - Bank of America Joe Spak - UBS Emmanuel Rosner - Wolfe Research Mark Delaney - Goldman Sachs Dan Levy - Barclays Tom Narayan - RBC Capital Markets James Picariello - BNP Paribas Colin Langan - Wells Fargo Operator Good day an ...

For the quarter ended September 2024, Aptiv PLC (APTV) reported revenue of $4.85 billion, down 5.1% over the same period last year. EPS came in at $1.83, compared to $1.30 in the year-ago quarter.The reported revenue represents a surprise of -6.07% over the Zacks Consensus Estimate of $5.17 billion. With the consensus EPS estimate being $1.69, the EPS surprise was +8.28%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...