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

Stellantis N.V. (NYSE:STLA) has earned an average recommendation of “Hold” from the eighteen analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $10.65.

A number of research analysts recently commented on STLA shares. Freedom Capital raised shares of Stellantis from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. Citigroup reissued a “neutral” rating on shares of Stellantis in a research note on Tuesday, June 9th. Wall Street Zen raised Stellantis from a “sell” rating to a “hold” rating in a research note on Monday, March 9th. Loop Capital set a $8.00 target price on Stellantis in a report on Monday, March 2nd. Finally, Truist Financial set a $9.00 target price on Stellantis in a research report on Friday, May 22nd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Capital Research Global Investors boosted its stake in shares of Stellantis by 34.9% during the 4th quarter. Capital Research Global Investors now owns 4,236,161 shares of the company’s stock worth $46,769,000 after purchasing an additional 1,096,413 shares during the period. Norges Bank purchased a new stake in Stellantis in the 4th quarter worth about $553,692,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Stellantis by 19.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,803,310 shares of the company’s stock worth $19,908,000 after purchasing an additional 298,611 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Stellantis during the fourth quarter valued at approximately $77,209,000. Finally, Compagnie Lombard Odier SCmA boosted its position in shares of Stellantis by 440.1% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 250,022 shares of the company’s stock valued at $2,778,000 after buying an additional 203,731 shares during the period. Institutional investors own 59.48% of the company’s stock.

Stellantis Trading Down 1.9%

Shares of STLA opened at $5.85 on Thursday. The stock has a market capitalization of $22.01 billion, a PE ratio of 23.39, a P/E/G ratio of 0.38 and a beta of 1.41. The company’s fifty day moving average is $7.48 and its 200 day moving average is $8.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.75 and a current ratio of 1.03. Stellantis has a fifty-two week low of $5.83 and a fifty-two week high of $12.22.

Stellantis (NYSE:STLA) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.16 EPS for the quarter. The business had revenue of $44.14 billion for the quarter. Sell-side analysts expect that Stellantis will post 0.55 earnings per share for the current fiscal 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.