Equities research analysts at Goldman Sachs Group Inc. (NYSE: GS) boosted their earnings per share estimates on shares of TRW Automotive (NYSE: TRW) in a research note to investors on Friday, with a “neutral” rating.
TRW Automotive Holdings Corp. (TRW Automotive) is a diversified supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEMs) and related aftermarkets. It conducts all of its operations through subsidiaries. These operations primarily encompass the design, manufacture and sale of active and passive safety related products. Active safety related products principally refer to vehicle dynamic controls (primarily braking and steering), and passive safety related products principally refer to occupant restraints (primarily airbags and seat belts) and safety electronics (electronic control units and crash and occupant weight sensors). It operates its business along four segments: Chassis Systems, Occupant Safety Systems, Electronics and Automotive Components. TRW Automotive is primarily a Tier 1 original equipment supplier, with approximately 85% of its end-customer sales during the year ended December 31, 2009, made to major OEMs.
Shares of TRW traded down 1.15% during mid-day trading on Friday.
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