Stellantis N.V. (STLA) - What Are Researchers Thinking About This Stock?

Key Points

• Analysts are broadly negative on Stellantis: Twenty analysts assign the stock an average “Reduce” rating, with seven sells, ten holds, one buy and two strong buys. The average 12-month price target is $7.38.
• Stellantis shares opened at $4.14, near their 52-week low of $3.92 and below their 50-day and 200-day moving averages. The company recently reported quarterly EPS of $0.14 on revenue of $49.63 billion.
• Institutional investors own 59.48% of Stellantis; several funds increased their positions during the third quarter, while others initiated new stakes.

Shares of Stellantis N.V. (NYSE:STLA - Get Free Report) have been assigned an average recommendation of "Reduce" from the twenty analysts that are covering the company, Marketbeat reports. Seven analysts have rated the stock with a sell rating, ten have issued a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $7.38.

STLA has been the subject of several recent research reports. Citigroup reiterated a "neutral" rating on shares of Stellantis in a research report on Thursday, July 9th. JPMorgan Chase & Co. restated a "neutral" rating on shares of Stellantis in a research report on Thursday, July 9th. Weiss Ratings downgraded Stellantis from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Friday, September 4th. HSBC reaffirmed a "reduce" rating on shares of Stellantis in a research note on Friday. Finally, TD Cowen reiterated a "hold" rating on shares of Stellantis in a report on Wednesday, August 26th.

Stellantis Stock Up 1.4%

Shares of NYSE:STLA opened at $4.14 on Wednesday. Stellantis has a 52 week low of $3.92 and a 52 week high of $12.22. The stock has a market capitalization of $15.58 billion, a P/E ratio of 10.61 and a beta of 1.49. The firm has a fifty day simple moving average of $4.82 and a two-hundred day simple moving average of $6.69.

Stellantis (NYSE:STLA - Get Free Report) last posted its earnings results on Tuesday, June 30th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $49.63 billion during the quarter. On average, analysts expect that Stellantis will post 0.41 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STLA. SYM FINANCIAL Corp purchased a new stake in shares of Stellantis in the third quarter valued at $45,000. Total Clarity Wealth Management Inc. lifted its holdings in shares of Stellantis by 151.5% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 180,057 shares of the company's stock worth $785,000 after acquiring an additional 108,456 shares during the last quarter. Apollon Wealth Management LLC purchased a new position in shares of Stellantis during the 3rd quarter worth about $54,000. Signaturefd LLC boosted its stake in shares of Stellantis by 88.5% during the 3rd quarter. Signaturefd LLC now owns 47,488 shares of the company's stock worth $207,000 after purchasing an additional 22,291 shares during the period. Finally, Sowell Financial Services LLC boosted its stake in shares of Stellantis by 28.6% during the 3rd quarter. Sowell Financial Services LLC now owns 33,396 shares of the company's stock worth $146,000 after purchasing an additional 7,425 shares during the period. 59.48% of the stock is owned by hedge funds and other institutional investors.

Stellantis Company Profile

Stellantis N.V. NYSE: STLA is a global automotive company formed in 2021 through the merger of Fiat Chrysler Automobiles and Groupe PSA. The company designs, engineers, manufactures and sells passenger cars, light commercial vehicles and mobility solutions across markets worldwide.

Stellantis operates a broad portfolio of automotive brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram and Vauxhall. Its products range from mass-market cars and sport utility vehicles to commercial vans, performance vehicles and luxury automobiles.

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