Added to YB: 2024-07-03
Pitch date: 2024-03-31
APTV [bullish]
Aptiv PLC
-11.08%
current return
Author Info
No bio for this author
Company Info
Aptiv PLC, an industrial technology company, provides hardware and software solutions to support automotive and other industries in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America.
Market Cap
$14.8B
Pitch Price
$67.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.30
P/E
92.59
EV/Sales
1.04
Sector
Automobile Components
Category
growth
Ariel Investments International (DM/EM) New Position: Aptiv PLC
APTV: Auto tech co. poised for growth in EV/digital trend & China OEM expansion. Divesture of Motional JV to boost near-term EPS. Trades at significant discount to intrinsic value. Long-term growth driven by rising demand for electrical/electronic & safety solutions in global auto/commercial vehicle markets.
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