Aptiv PLC (APTV) closed the most recent trading day at $62.82, moving +0.27% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 1.07%. On the other hand, the Dow registered a loss of 0.62%, and the technology-centric Nasdaq decreased by 1.71%.

Coming into today, shares of the company had lost 6.49% in the past month. In that same time, the Auto-Tires-Trucks sector lost 19.73%, while the S&P 500 lost 7.03%.

Market participants will be closely following the financial results of Aptiv PLC in its upcoming release. The company is expected to report EPS of $1.53, up 31.9% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $4.75 billion, showing a 3.06% drop compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.30 per share and revenue of $19.9 billion, indicating changes of +16.61% and +0.93%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Aptiv PLC. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.44% upward. Aptiv PLC is currently sporting a Zacks Rank of #3 (Hold).

With respect to valuation, Aptiv PLC is currently being traded at a Forward P/E ratio of 8.58. This signifies a discount in comparison to the average Forward P/E of 11.59 for its industry.

One should further note that APTV currently holds a PEG ratio of 0.57. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Automotive - Original Equipment industry held an average PEG ratio of 0.78.

The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 156, placing it within the bottom 38% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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This article originally published on Zacks Investment Research (zacks.com).

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