$0.65 Earnings Per Share Expected for Delphi Technologies PLC (DLPH) This Quarter

Equities analysts expect Delphi Technologies PLC (NYSE:DLPH) to announce earnings of $0.65 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for Delphi Technologies’ earnings. The highest EPS estimate is $0.70 and the lowest is $0.61. Delphi Technologies reported earnings of $1.29 per share in the same quarter last year, which suggests a negative year over year growth rate of 49.6%. The company is expected to issue its next earnings report on Wednesday, August 14th.

On average, analysts expect that Delphi Technologies will report full year earnings of $3.12 per share for the current fiscal year, with EPS estimates ranging from $2.99 to $3.35. For the next fiscal year, analysts anticipate that the company will report earnings of $3.71 per share, with EPS estimates ranging from $3.18 to $4.35. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Delphi Technologies.

Delphi Technologies (NYSE:DLPH) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.14. Delphi Technologies had a return on equity of 81.93% and a net margin of 5.86%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company posted $1.30 EPS. The firm’s revenue for the quarter was down 11.2% compared to the same quarter last year.

A number of research firms recently issued reports on DLPH. Bank of America upgraded Delphi Technologies from a “neutral” rating to a “buy” rating and set a $24.95 price objective on the stock in a research note on Friday, April 12th. Zacks Investment Research lowered Delphi Technologies from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Barclays reiterated a “buy” rating and set a $26.00 price objective on shares of Delphi Technologies in a research note on Monday. Morgan Stanley set a $21.00 price objective on Delphi Technologies and gave the company a “hold” rating in a research note on Tuesday, February 26th. Finally, BMO Capital Markets boosted their price objective on Delphi Technologies to $29.00 and gave the company an “outperform” rating in a research note on Tuesday, February 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. Delphi Technologies presently has a consensus rating of “Hold” and an average target price of $30.57.

In related news, SVP David M. Sherbin sold 19,689 shares of the business’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $86.79, for a total transaction of $1,708,808.31. Following the completion of the transaction, the senior vice president now directly owns 90,540 shares in the company, valued at $7,857,966.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Majdi Abulaban sold 25,130 shares of the business’s stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $80.00, for a total value of $2,010,400.00. Following the transaction, the senior vice president now owns 183,668 shares of the company’s stock, valued at $14,693,440. The disclosure for this sale can be found here. 0.21% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of DLPH. Oregon Public Employees Retirement Fund boosted its holdings in shares of Delphi Technologies by 1,332.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 503,448 shares of the company’s stock worth $35,000 after purchasing an additional 468,291 shares in the last quarter. Royal London Asset Management Ltd. purchased a new position in shares of Delphi Technologies in the 1st quarter worth about $65,000. IFP Advisors Inc boosted its holdings in shares of Delphi Technologies by 3,041.0% in the 4th quarter. IFP Advisors Inc now owns 5,434 shares of the company’s stock worth $78,000 after purchasing an additional 5,261 shares in the last quarter. Cerebellum GP LLC purchased a new position in shares of Delphi Technologies in the 4th quarter worth about $123,000. Finally, Dupont Capital Management Corp purchased a new position in shares of Delphi Technologies in the 4th quarter worth about $134,000. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Shares of NYSE:DLPH traded down $0.04 during midday trading on Friday, reaching $21.43. 34,687 shares of the company traded hands, compared to its average volume of 1,383,169. The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.99 and a current ratio of 1.40. Delphi Technologies has a 12 month low of $13.18 and a 12 month high of $53.78. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 4.89, a PEG ratio of 0.73 and a beta of 2.31.

About Delphi Technologies

Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.

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Earnings History and Estimates for Delphi Technologies (NYSE:DLPH)

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