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Here's Why Autoliv, Inc. (ALV) is a Strong Value Stock

Zacks Equity Research
·2-min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why Investors Should Pay Attention to This Value Stock

Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.

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Autoliv, Inc. (ALV)

Based in Stockholm, Autoliv is a holding company that operates through two principal subsidiaries — Autoliv AB and Autoliv ASP.  Autoliv was born from the 1997 merger of Swedish firm Autoliv AB and U.S. firm Morton ASP. On Jun 29, 2018, Autoliv completed the spin-off of its Electronics business to Veoneer, Inc. Following the completion of the spin-off, the company has been focused on occupant safety products.

ALV sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Automotive - Original Equipment industry's P/E of 12.3X, shares of Autoliv, Inc. are trading at a forward P/E of 12.3X. ALV also has a PEG Ratio of 0.7, a Price/Cash Flow ratio of 9.5X, and a Price/Sales ratio of 0.9X.

Many value investors pay close attention to a company's earnings as well. For ALV, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.12 to $9.82 per share for 2024. Per share ALV boasts an average earnings surprise of 14.1%.

Investors should take the time to consider ALV for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.

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Autoliv, Inc. (ALV) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research