Company Update (NYSE:DLPH): Delphi to Present at the Wells Fargo 2016 Industrial and Construction Conference

[PR Newswire] – GILLINGHAM, England, May 10, 2016 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH) will present at the Wells Fargo 2016 Industrial and Construction Conference on May 11 in New York. Delphi’s Chief Technology … Read more on this. Delphi Automotive PLC (DLPH) , with a current market cap of $19.35B, started trading this morning at $70.29. Looking at the equity, the company’s one day range is $70.05 to $71.03 with a one year range of $55.59 to $90.57. DLPH shares are currently priced at 11.52x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 37.13x forward p/e ratio. And for income investors, the company pays shareholders $1.16 per share annually in dividends, yielding 1.65%. In a review of the consensus earnings estimate this quarter, 18 sell-side analysts are looking at $1.55 per share, which would be $0.21 better than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $6.08 is a $0.86 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $4.21 Billion. If realized, that would be a 9.07% increase over the year-ago quarter. In terms of ratings, UBS upgraded DLPH from Neutral to Buy (Mar 15, 2016). Previously, Sterne Agee CRT upgraded DLPH from Neutral to Buy. Investors should keep in mind is that the average price target is $91.47, which is 30.13% above where the stock opened this morning. See more in (NYSE:DLPH) Similar Articles: Market Update: Delphi Automotive PLC (NYSE:DLPH) – Delphi to Discuss Q1 2016 Financial Results on May 4 Market Update (NYSE:DLPH): Delphi to Present at the Goldman Sachs Cars 2025 Conference Stock Update: Delphi Automotive PLC (NYSE:DLPH) – Delphi to Present at the Bank of America Merrill Lynch 2016 Auto Summit