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Christian Swahn, Executive Vice President of Supply Chain Management at Autoliv Inc. (NYSE:ALV), recently sold 1,192 shares of the company’s common stock. The automotive safety systems company, currently valued at $7.6 billion, shows strong financial health according to InvestingPro analysis and appears undervalued based on its Fair Value assessment. The sale, which took place on February 25, amounted to $117,751, with shares sold at an average price of $98.785. This transaction was part of a pre-arranged trading plan under Rule 10b5-1, initiated to cover taxes related to recent stock vestings. Following this sale, Swahn holds 3,835 shares in the company. Notably, Autoliv has maintained dividend payments for 29 consecutive years and currently offers a 2.85% yield. InvestingPro subscribers can access 8 additional key insights about Autoliv’s financial performance and growth prospects through the platform’s comprehensive Pro Research Report.
In other recent news, Autoliv Inc. reported mixed fourth-quarter results for 2024, with earnings surpassing expectations at $3.05 per share, compared to the analyst consensus of $2.88, but revenue falling short at $2.62 billion against the expected $2.7 billion. The company’s organic sales fell by 3.3% year-over-year, underperforming the global light vehicle production growth of 0.4%. Despite these challenges, Autoliv achieved record profitability with an operating income of $353 million and an operating margin of 13.5%. Looking ahead, Autoliv’s guidance for 2025 suggests flat revenue year-over-year, with a 2% organic growth offset by a 2% foreign exchange headwind, and an operating margin projected to be between 10-10.5%.
In response to these developments, HSBC downgraded Autoliv’s stock from Buy to Hold, reducing the price target to $100, citing below-expectation guidance and revenue challenges in China. Mizuho (NYSE:MFG) Securities also adjusted its price target to $112 while maintaining an Outperform rating, acknowledging mixed fourth-quarter results and flat revenue projections for 2025. Similarly, JPMorgan reduced its price target to $109, retaining a Neutral rating, due to lower-than-expected sales and softer 2025 guidance. Autoliv’s performance in the Chinese market remains a critical focus, as the company anticipates improvements in 2025, supported by its significant exposure to domestic OEMs.
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