Aptiv PLC (APTV) Stock Sinks As Market Gains: Here's Why

The most recent trading session ended with Aptiv PLC (APTV) standing at $60.89, reflecting a -0.94% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 1.83%. Elsewhere, the Dow saw an upswing of 1.65%, while the tech-heavy Nasdaq appreciated by 2.45%.Shares of the company have appreciated by 6.24% over the course of the past month, outperforming the Business Services sector's loss of 5.35% and the S&P 500's loss of 3.31%.Investors will be eagerly watching for the performance of Aptiv PLC in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 6, 2025. The company's earnings per share (EPS) are projected to be $1.62, reflecting a 15.71% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $4.88 billion, indicating a 0.72% decline compared to the corresponding quarter of the prior year.Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Aptiv PLC. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Aptiv PLC is currently a Zacks Rank #3 (Hold).From a valuation perspective, Aptiv PLC is currently exchanging hands at a Forward P/E ratio of 8.77. This expresses a discount compared to the average Forward P/E of 23.58 of its industry.One should further note that APTV currently holds a PEG ratio of 0.55. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Technology Services was holding an average PEG ratio of 1.41 at yesterday's closing price.The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 80, finds itself in the top 32% echelons of all 250+ industries.The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aptiv PLC (APTV): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks