2024-05-16 10:46:22 ET
Summary
- Aptiv PLC is a company in the automotive industry that provides solutions for vehicle electrical architecture.
- The company's first-quarter results showed decreased costs and increased gross margin in the Advanced Safety and User Experience segment.
- Despite decreasing operating numbers expectations (compared to the last year), the current price is below its fair price.
We are witnessing major changes in the automotive industry, with trends in electrification and autonomous driving technologies. This created plenty of new feature requirements such as the entertainment from the gadgets instead of the driving experience, influencing the complexity of the onboard systems. Adding greater safety requirements and tougher emission standards continues to add demand for technologies to serve these "megatrends". With the sales of vehicles increasing worldwide, the correlated automotive technology and components industry gets a boost, encouraging long-term prospects. Today I would like to analyze Aptiv PLC ( APTV ), whose shares were lagging the S&P 500 Total Return performance, but may have a possibility for short-term price appreciation....
Read the full article on Seeking Alpha
For further details see:
Aptiv: Riding Auto Industry Megatrends