Let’s look at the key reasons that are pushing Autoliv Inc. (ALV) to new highs

On Friday, Autoliv Inc. (NYSE: ALV) opened lower -3.82% from the last session, before settling in for the closing price of $96.54. Price fluctuations for ALV have ranged from $89.37 to $129.38 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 4.41% over the last five years. Company’s average yearly earnings per share was noted 2.95% at the time writing. With a float of $79.86 million, this company’s outstanding shares have now reached $82.60 million.

The firm has a total of 70300 workers. Let’s measure their productivity.

Autoliv Inc. (ALV) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Autoliv Inc. is 0.28%, while institutional ownership is 67.86%. The most recent insider transaction that took place on May 31 ’24, was worth 240,825. In this transaction Director of this company sold 1,900 shares at a rate of $126.75, taking the stock ownership to the 77,493 shares. Before that another transaction happened on Feb 21 ’24, when Company’s President and CEO sold 4,226 for $109.72, making the entire transaction worth $463,677. This insider now owns 17,547 shares in total.

Autoliv Inc. (ALV) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.66 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.85) by -0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.85 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.62% during the next five years compared to 21.30% growth over the previous five years of trading.

Autoliv Inc. (NYSE: ALV) Trading Performance Indicators

Check out the current performance indicators for Autoliv Inc. (ALV). In the past quarter, the stock posted a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70. Likewise, its price to free cash flow for the trailing twelve months is 14.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.51, a number that is poised to hit 2.13 in the next quarter and is forecasted to reach 10.67 in one year’s time.

Technical Analysis of Autoliv Inc. (ALV)

Analysing the last 5-days average volume posted by the [Autoliv Inc., ALV], we can find that recorded value of 0.96 million was better than the volume posted last year of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 38.06%. Additionally, its Average True Range was 2.57.

During the past 100 days, Autoliv Inc.’s (ALV) raw stochastic average was set at 0.91%, which indicates a significant decrease from 3.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.83% in the past 14 days, which was lower than the 30.72% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $99.13, while its 200-day Moving Average is $110.16. Now, the first resistance to watch is $94.89. This is followed by the second major resistance level at $96.93. The third major resistance level sits at $98.11. If the price goes on to break the first support level at $91.67, it is likely to go to the next support level at $90.49. Now, if the price goes above the second support level, the third support stands at $88.45.

Autoliv Inc. (NYSE: ALV) Key Stats

There are currently 81,375K shares outstanding in the company with a market cap of 7.44 billion. Presently, the company’s annual sales total 10,475 M according to its annual income of 488,000 K. Last quarter, the company’s sales amounted to 2,605 M and its income totaled 139,000 K.