Autoliv, Inc. ALV was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.6% in the past one-month time frame.
The move came after the company reported solid fourth-quarter 2017 results.
The company has seen one negative estimate revision in the past one month, while its Zacks Consensus Estimate has also moved lower over the said time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Autoliv currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the Automotive – Original Equipment industry is Gentex Corporation GNTX, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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