Should Investors Trust The Upside Potential In Aptiv PLC (APTV)?

Aptiv PLC (NYSE:APTV) currently has a daily average trading volume of 3.26M but it saw 3181240 shares traded in last market. With a market cap of 16.06B USD, the company’s current market price of $68.31 came falling about -1.75 while comparing to the previous closing price of $69.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $91.66 and as low as $63.62. In the recent trading on the day, stock has struck highest price mark of $67.5 while lowest mark touched by it was $71.39.

Taking a look at 20-day trading activity of Aptiv PLC (APTV) gives us an average price of $70.52, while its current price level is -25.47% below from 52-week high level whereas it is 7.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $70.16 while that of 200 days or SMA-200 reads an average of $74.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.24% during that period while stretching the period over a month that decreases to 2.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.63 which implies that the stock is in neutral territory.

Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on September 20, 2024 while assigning a price target range of $78-$87. Deutsche Bank issued its recommendations for the stock as it resumed the price target for the stock is $74.

Over the week, APTV’s stock price is moving -2.27% down while it is -3.19% when we observe its performance for the past one month. Year-to-date it is -23.86% down and over the past year, the stock is showing a downside performance of -24.76%.

Currently, Aptiv PLC’s total number of outstanding shares is 279.03M. Company’s return on investment (ROI) stands at 21.20% and return on equity (ROE) at 35.65%. It has a price to earnings ratio (P/E ratio) of 5.16 while having a 8.92 of forward P/E ratio. Stock’s beta reads 1.79. Stock has a price to book (P/B) ratio of 1.59 while price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is 15.75% on average.