Stellantis N.V. (NYSE:STLA) Receives Consensus Recommendation of "Reduce" from Brokerages

Key Points

• Stellantis received a consensus “Reduce” rating from 19 analysts: seven recommend selling, 10 advise holding and two rate it a strong buy. The average 12-month price target is $7.45.
• The stock opened at $4.39 after falling 6.3%, near its 12-month low of $4.30 and well below its 50-day and 200-day moving averages of $5.25 and $6.37, respectively.
• Institutional investors own 59.48% of Stellantis, while recent analyst downgrades from Piper Sandler, HSBC, Bernstein and Morgan Stanley reflect growing concerns about the company’s outlook.

Shares of Stellantis N.V. (NYSE:STLA - Get Free Report) have been assigned a consensus rating of "Reduce" from the nineteen research firms that are presently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $7.45.

STLA has been the subject of several recent research reports. Piper Sandler lowered Stellantis from an "overweight" rating to an "underweight" rating and set a $4.00 price objective for the company. in a report on Monday, July 27th. Berenberg Bank downgraded shares of Stellantis from a "buy" rating to a "hold" rating in a report on Wednesday, September 16th. HSBC lowered shares of Stellantis from a "hold" rating to a "reduce" rating in a research report on Friday, July 3rd. Sanford C. Bernstein lowered shares of Stellantis from a "market perform" rating to an "underperform" rating in a research report on Friday, August 7th. Finally, Morgan Stanley cut shares of Stellantis from an "equal weight" rating to an "underweight" rating and set a $5.20 price target on the stock. in a research note on Monday, September 14th.

Institutional Investors Weigh In On Stellantis

Several institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc grew its position in shares of Stellantis by 1,534.8% in the second quarter. IFP Advisors Inc now owns 4,463 shares of the company's stock valued at $26,000 after purchasing an additional 4,190 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Stellantis by 31.4% during the 3rd quarter. Versant Capital Management Inc now owns 14,496 shares of the company's stock worth $64,000 after purchasing an additional 3,467 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new position in Stellantis in the 2nd quarter worth about $65,000. MinichMacGregor Wealth Management LLC bought a new position in Stellantis in the 1st quarter worth about $73,000. Finally, Taylor & Morgan Wealth Management LLC purchased a new position in Stellantis during the 2nd quarter valued at about $75,000. Hedge funds and other institutional investors own 59.48% of the company's stock.

Stellantis Trading Down 6.3%

Shares of STLA stock opened at $4.39 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.04 and a debt-to-equity ratio of 0.59. The firm has a market cap of $16.54 billion, a P/E ratio of 11.27, a PEG ratio of 0.33 and a beta of 1.49. The company has a 50 day moving average of $5.25 and a 200-day moving average of $6.37. Stellantis has a 12-month low of $4.30 and a 12-month high of $12.22.

Stellantis (NYSE:STLA - Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $49.63 billion for the quarter. Sell-side analysts anticipate that Stellantis will post 0.51 earnings per share for the current year.

More Stellantis News

Here are the key news stories impacting Stellantis this week:

• Positive Sentiment: Ram pickup sales reportedly surged 73% in the third quarter, providing a bright spot within Stellantis’ U.S. portfolio and helping support a rebound in the prior session. Stellantis N.V. stock rises as Ram sales surge
• Positive Sentiment: Easing fuel-economy rules could reduce industry compliance costs by an estimated $60.6 billion through 2031, potentially lowering Stellantis’ regulatory expenses and supporting vehicle profitability. Automakers eye savings as fuel economy rules ease
• Positive Sentiment: Stellantis and Wayve plan to demonstrate hands-free, AI-powered driving technology in Fiat and Maserati vehicles, offering a potential longer-term technology catalyst. Stellantis and Wayve demonstrate AI-powered driving
• Neutral Sentiment: U.S. third-quarter sales were essentially flat year over year, while year-to-date sales increased 3%. Management emphasized disciplined execution and sustainable growth in the fourth quarter, but the results offered limited evidence of a near-term recovery. Stellantis reports third-quarter sales
• Negative Sentiment: Jeep weakness outweighed Ram’s strong performance, prompting renewed concern about the weaker brands in Stellantis’ portfolio and making the company the weakest performer among the Detroit automakers in the latest session. Stellantis Jeep weakness offsets Ram strength
• Negative Sentiment: High gasoline prices are expected to shift buyers toward hybrids and more fuel-efficient vehicles, potentially hurting Stellantis and other Detroit automakers as Asian rivals gain market share. Detroit automakers face market-share losses
• Negative Sentiment: Reports of nearly 50 internal “war rooms” addressing vehicle-quality problems add execution risk and could pressure consumer confidence and costs. RBC Capital also maintained a Hold rating and raised the possibility of separating Stellantis’ businesses. Stellantis quality problems

About Stellantis

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.

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