Stellantis N.V. (STLA) – What Are Researchers Thinking About This Stock?

Stellantis N.V. (NYSE:STLA) has earned an average recommendation of “Reduce” from the nineteen analysts that are currently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $7.45.

A number of equities research analysts recently issued reports on the company. Citigroup reissued a “neutral” rating on shares of Stellantis in a research report on Thursday, July 9th. Morgan Stanley cut shares of Stellantis from an “equal weight” rating to an “underweight” rating and set a $5.20 price target for the company. in a research note on Monday, September 14th. Berenberg Bank lowered shares of Stellantis from a “buy” rating to a “hold” rating in a research report on Wednesday, September 16th. HSBC downgraded shares of Stellantis from a “hold” rating to a “reduce” rating in a research report on Friday, July 3rd. Finally, TD Cowen reissued a “hold” rating on shares of Stellantis in a research report on Wednesday, August 26th.

Stellantis Price Performance

STLA stock opened at $4.47 on Friday. The stock has a 50-day moving average price of $5.12 and a two-hundred day moving average price of $6.30. The stock has a market cap of $16.84 billion, a PE ratio of 11.47, a price-to-earnings-growth ratio of 0.31 and a beta of 1.49. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.59. Stellantis has a 1 year low of $4.30 and a 1 year high of $12.22.

Stellantis (NYSE:STLA) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $0.14 EPS for the quarter. The firm had revenue of $49.63 billion during the quarter. Equities analysts forecast that Stellantis will post 0.51 EPS for the current fiscal year.

Institutional Trading of Stellantis

Several institutional investors and hedge funds have recently bought and sold shares of STLA. Taylor & Morgan Wealth Management LLC increased its position in shares of Stellantis by 84.6% during the 3rd quarter. Taylor & Morgan Wealth Management LLC now owns 24,000 shares of the company’s stock worth $105,000 after purchasing an additional 11,000 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Stellantis by 37.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 27,118 shares of the company’s stock valued at $118,000 after buying an additional 7,357 shares during the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of Stellantis in the 3rd quarter valued at approximately $450,000. Versant Capital Management Inc grew its stake in shares of Stellantis by 31.4% in the third quarter. Versant Capital Management Inc now owns 14,496 shares of the company’s stock valued at $64,000 after buying an additional 3,467 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Stellantis in the second quarter valued at $769,000. Institutional investors own 59.48% of the company’s stock.

Stellantis Company Profile

Stellantis N.V. is a global automotive company that designs, engineers, manufactures and sells passenger cars, light commercial vehicles and related mobility products and services. Its portfolio includes brands such as Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot and Ram.

The company serves customers across North America, Europe, South America, the Middle East and Africa, and other international markets. Its operations include vehicle manufacturing and distribution, financing and leasing, aftermarket parts and services, and the development of connected, electric and software-enabled vehicle technologies.

Stellantis was created in 2021 through the merger of Fiat Chrysler Automobiles and France’s Groupe PSA.