Brokerages forecast that Fiat Chrysler Automobiles N.V. (NYSE:FCAU) will post $0.63 earnings per share for the current quarter, Zacks reports. Zero analysts have issued estimates for Fiat Chrysler Automobiles N.V.’s earnings. The highest EPS estimate is $0.77 and the lowest is $0.49. Fiat Chrysler Automobiles N.V. posted earnings of $0.38 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 65.8%. The company is scheduled to issue its next quarterly earnings report on Thursday, January 25th.

On average, analysts expect that Fiat Chrysler Automobiles N.V. will report full-year earnings of $2.50 per share for the current fiscal year, with EPS estimates ranging from $2.31 to $2.82. For the next year, analysts forecast that the company will post earnings of $2.78 per share, with EPS estimates ranging from $2.29 to $3.40. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Fiat Chrysler Automobiles N.V..

A number of brokerages recently weighed in on FCAU. Jefferies Group LLC reaffirmed a “buy” rating and issued a $19.00 target price on shares of Fiat Chrysler Automobiles N.V. in a research note on Monday, October 16th. BidaskClub cut shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 7th. Kepler Capital Markets raised shares of Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating in a report on Friday, July 28th. Deutsche Bank AG reissued a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a report on Thursday, September 7th. Finally, Zacks Investment Research cut shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $15.84.

Several institutional investors have recently made changes to their positions in the company. Baillie Gifford & Co. boosted its stake in shares of Fiat Chrysler Automobiles N.V. by 18.2% in the 3rd quarter. Baillie Gifford & Co. now owns 79,791,751 shares of the company’s stock valued at $1,430,041,000 after purchasing an additional 12,275,873 shares in the last quarter. Harris Associates L P increased its stake in shares of Fiat Chrysler Automobiles N.V. by 0.4% in the 2nd quarter. Harris Associates L P now owns 56,811,079 shares of the company’s stock worth $603,902,000 after acquiring an additional 215,789 shares in the last quarter. FMR LLC increased its stake in shares of Fiat Chrysler Automobiles N.V. by 5.8% in the 2nd quarter. FMR LLC now owns 28,957,759 shares of the company’s stock worth $306,684,000 after acquiring an additional 1,580,544 shares in the last quarter. Vanguard Group Inc. increased its stake in Fiat Chrysler Automobiles N.V. by 9.2% during the 2nd quarter. Vanguard Group Inc. now owns 27,193,557 shares of the company’s stock valued at $289,068,000 after purchasing an additional 2,299,117 shares in the last quarter. Finally, Dalal Street LLC increased its stake in Fiat Chrysler Automobiles N.V. by 1.4% during the 2nd quarter. Dalal Street LLC now owns 13,109,310 shares of the company’s stock valued at $139,352,000 after purchasing an additional 187,180 shares in the last quarter. 29.55% of the stock is owned by institutional investors.

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Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) opened at $18.15 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.48. Fiat Chrysler Automobiles N.V. has a 1 year low of $6.71 and a 1 year high of $18.33. The company has a market cap of $27,901.88, a price-to-earnings ratio of 7.89, a P/E/G ratio of 0.34 and a beta of 1.68.

Fiat Chrysler Automobiles N.V. Company Profile

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

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