Stellantis N.V. (NYSE:STLA) Receives $10.65 Consensus Target Price from Analysts

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

A number of analysts have recently issued reports on STLA shares. Wall Street Zen raised Stellantis from a “sell” rating to a “hold” rating in a research report on Monday, March 9th. Freedom Capital raised Stellantis from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. Citigroup restated a “neutral” rating on shares of Stellantis in a research note on Tuesday, June 9th. Bank of America downgraded Stellantis from a “neutral” rating to an “underperform” rating in a report on Monday, May 11th. Finally, Kepler Capital Markets lowered Stellantis from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th.

Institutional Trading of Stellantis

Several institutional investors have recently added to or reduced their stakes in STLA. National Bank of Canada FI grew its holdings in Stellantis by 3.7% during the 3rd quarter. National Bank of Canada FI now owns 32,949 shares of the company’s stock worth $306,000 after acquiring an additional 1,186 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Stellantis by 0.5% during the first quarter. Public Employees Retirement System of Ohio now owns 256,463 shares of the company’s stock worth $1,790,000 after purchasing an additional 1,320 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of Stellantis by 9.1% during the first quarter. Kestra Advisory Services LLC now owns 17,771 shares of the company’s stock worth $126,000 after purchasing an additional 1,488 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Stellantis by 28.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 7,110 shares of the company’s stock worth $77,000 after purchasing an additional 1,586 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in Stellantis by 7.6% in the fourth quarter. Stifel Financial Corp now owns 23,100 shares of the company’s stock worth $252,000 after purchasing an additional 1,624 shares in the last quarter. 59.48% of the stock is owned by institutional investors and hedge funds.

Stellantis Stock Performance

NYSE:STLA opened at $5.82 on Thursday. The firm’s fifty day simple moving average is $7.22 and its 200 day simple moving average is $8.24. The firm has a market capitalization of $21.89 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 0.37 and a beta of 1.46. Stellantis has a twelve month low of $5.56 and a twelve month high of $12.22. 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 posted its earnings results on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $44.14 billion during the quarter. As a group, equities research 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.