Stellantis N.V. (NYSE:STLA) Given Average Recommendation of “Hold” by Analysts

Shares of Stellantis N.V. (NYSE:STLA) have been assigned a consensus rating of “Hold” from the eighteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $10.65.

STLA has been the topic of several recent analyst reports. Bank of America downgraded shares of Stellantis from a “neutral” rating to an “underperform” rating in a research report on Monday, May 11th. TD Cowen reiterated a “hold” rating on shares of Stellantis in a research note on Friday, May 22nd. Freedom Capital raised Stellantis from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. Kepler Capital Markets downgraded Stellantis from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Stellantis in a research note on Tuesday, June 9th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. United Community Bank purchased a new stake in Stellantis in the 4th quarter worth $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of Stellantis in the fourth quarter worth about $27,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in shares of Stellantis by 113.6% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,300 shares of the company’s stock worth $36,000 after buying an additional 1,755 shares in the last quarter. Montag A & Associates Inc. bought a new position in Stellantis during the third quarter valued at approximately $34,000. Finally, Cromwell Holdings LLC boosted its stake in Stellantis by 1,402.0% during the fourth quarter. Cromwell Holdings LLC now owns 3,725 shares of the company’s stock valued at $41,000 after buying an additional 3,477 shares during the last quarter. 59.48% of the stock is currently owned by institutional investors.

Stellantis Trading Down 1.9%

Stellantis stock opened at $5.85 on Thursday. Stellantis has a 12-month low of $5.83 and a 12-month high of $12.22. The firm has a market capitalization of $22.01 billion, a price-to-earnings ratio of 23.39, a P/E/G ratio of 0.38 and a beta of 1.41. The firm has a 50 day moving average of $7.48 and a 200 day moving average of $8.46. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50.

Stellantis (NYSE:STLA) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $44.14 billion for the quarter. As a group, research analysts predict that Stellantis will post 0.55 earnings per share for the current year.

Stellantis Company Profile

Stellantis N.V. is a global automotive manufacturer formed through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, a transaction completed in January 2021. The company designs, manufactures and sells a broad portfolio of passenger cars, light commercial vehicles and related powertrains under a large number of well-known brands, including (but not limited to) Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Maserati, Opel, Peugeot, Ram and Vauxhall. Stellantis also provides parts, accessories, service operations and branded aftersales support through legacy networks such as Mopar and regional dealer ecosystems.

In addition to vehicle manufacturing, Stellantis operates mobility- and software-related businesses and financial services.