Stock Pulse
Aptiv PLC (APTV) has seen a recent stock decline of around 20% over the past month [1], [2], [4], [5], but several indicators suggest a potential rebound. The stock is considered oversold [2], [4], and analysts have raised earnings estimates, projecting a 31.9% year-over-year increase for the current quarter and 16.9% for the fiscal year [1], [3]. Aptiv consistently beat EPS estimates in recent quarters [8] and is viewed as undervalued [1], [5], [9], [10]. The company secured a $2 billion credit line increase [11], but faces risks related to global economic uncertainty and supply chain disruptions [11]. Aptiv holds a Zacks Rank #2 (Buy) or #1 (Strong Buy) depending on the source [1], [2], [3], [4], [5], [6], [7], [8], [9], [10], indicating positive analyst sentiment.