05:05 AM EDT, 05/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We cut our 12-month target to $75 from $85, based on a 2026 P/E of 10.0x, a steep but justified discount to historical averages. We cut our adj. EPS estimates to $7.15 from $7.50 for 2025 and to $7.50 from $8.25 for 2026. APTV posted Q1 adjusted EPS of $1.69 vs. $1.16 (+46%), well ahead of the $1.53 consensus. Revenue fell 1.6% to $4.83B ($20M above consensus) and adjusted operating margin expanded 80 bps to 11.9%. APTV's Q2 net sales and adjusted EPS guidance of $4.92B-$5.12B and $1.70-$1.90, respectively, were ahead of the consensus of $5.01B and $1.72. We reiterate our Strong Buy opinion, as APTV screens as one of the best earnings growth stories in the auto supplier space. We see EPS growth supported by its record new business awards of $31B in 2024 (its third straight year of $30B+ in new business wins), with EPS boosted by share count reduction from buybacks (its weighted average shares outstanding were down 16% Y/Y in Q1), which should help generate superior EPS growth relative to auto supplier peers.