Autoliv Inc. (ALV): Today's Featured Automotive Winner

Autoliv Inc (ALV) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.9%. By the end of trading, Autoliv Inc rose 75 cents (1.4%) to $54.71 on light volume. Throughout the day, 735,392 shares of Autoliv Inc exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $54.20-$55.34 after having opened the day at $55.05 as compared to the previous trading day's close of $53.96. Other companies within the Automotive industry that increased today were: Cycle Country Accessories Corporation (ATC), up 13%, Supreme Industries Inc (STS), up 8.8%, Swift Transportation (SWFT), up 4.2%, and Marine Products Corporation (MPX), up 3.3%.

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to automotive industry. Autoliv Inc has a market cap of $5.05 billion and is part of the consumer goods sector. The company has a P/E ratio of 8.3, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 31.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Autoliv as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full Autoliv Ratings Report.

On the negative front, Kandi Technologies Corporation (KNDI), down 7.1%, Arctic Cat Inc (ACAT), down 4.1%, Motorcar Parts of America Inc (MPAA), down 3.1%, and Accuride (ACW), down 1.8%, were all losers within the automotive industry with Polaris Industries Inc (PII) being today's automotive industry loser.

• Use our automotive section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR (XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods (SZK).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Autoliv Inc. click any of the following:

• Autoliv Inc. Stock Price

• Autoliv Inc. Analyst Ratings

• Autoliv Inc. Key Stats & Profile

• Autoliv Inc. Earnings

• Autoliv Inc. Ratio Comparison

• Autoliv Inc. Growth Rates

• Autoliv Inc. Balance Sheet

• Autoliv Inc. Cash Flow

• Autoliv Inc. Income Statement