Aptiv PLC Rated Zacks Rank #5 Strong Sell Amid Earnings Estimate Cuts

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Summary · why it matters

Aptiv PLC has been assigned a Zacks Rank #5, or Strong Sell, reflecting downward revisions to its earnings estimates. The consensus estimate for the current quarter stands at $1.41 per share, a year-over-year decline of 33.5%, and has been trimmed by 1% over the past 30 days. For the current fiscal year, the estimate of $6.32 per share represents a 19.2% drop from the prior year and has been cut by 0.6% in the last month. The next fiscal year's estimate of $7.01 per share, while indicating 10.8% growth, has been reduced by 8.5% over the same period. The company's Zacks Value Style Score is an A, suggesting it trades at a discount to peers, but the negative earnings momentum drives the bearish rank.

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Aptiv PLC
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Earnings estimates cut across multiple periods, leading to Zacks Strong Sell rank.