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

Shares of Stellantis N.V. (NYSE:STLA) have been assigned an average recommendation of “Hold” from the nineteen analysts that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $10.9050.

Several brokerages have commented on STLA. Morgan Stanley downgraded shares of Stellantis from an “overweight” rating to an “equal weight” rating and set a $10.90 price target for the company. in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Stellantis in a research note on Monday, April 20th. TD Cowen reiterated a “hold” rating on shares of Stellantis in a research report on Friday, May 22nd. Freedom Capital raised shares of Stellantis from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 1st. Finally, Zacks Research raised shares of Stellantis from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th.

Stellantis Stock Down 2.7%

Stellantis stock opened at $7.98 on Friday. Stellantis has a 1-year low of $6.28 and a 1-year high of $12.22. The firm has a market capitalization of $30.02 billion, a price-to-earnings ratio of 31.90, a P/E/G ratio of 0.28 and a beta of 1.39. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50. The firm has a 50 day simple moving average of $7.62 and a 200 day simple moving average of $8.93.

Stellantis (NYSE:STLA) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $0.16 EPS for the quarter. The firm had revenue of $44.14 billion during the quarter. On average, analysts predict that Stellantis will post 1.01 earnings per share for the current year.

Institutional Investors Weigh In On Stellantis

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. United Community Bank bought a new position in Stellantis in the fourth quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new position in Stellantis in the fourth quarter worth approximately $27,000. Montag A & Associates Inc. bought a new position in Stellantis in the third quarter worth approximately $34,000. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its position in Stellantis by 113.6% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,300 shares of the company’s stock worth $36,000 after acquiring an additional 1,755 shares during the period. Finally, Cromwell Holdings LLC raised its position in Stellantis by 1,402.0% in the fourth quarter. Cromwell Holdings LLC now owns 3,725 shares of the company’s stock worth $41,000 after acquiring an additional 3,477 shares during the period. Hedge funds and other institutional investors own 59.48% of the company’s stock.

Trending Headlines about Stellantis

Here are the key news stories impacting Stellantis this week:

• Positive Sentiment: Stellantis is continuing to push its commercial-vehicle strategy, with plans for new models and product updates over the next several years, which could support revenue growth and improve its competitive position. Stellantis’s Commercial-Vehicle Unit to Launch 11 New Models by 2030
• Positive Sentiment: The company also emphasized software modernization and tech partnerships, including work tied to software-defined EV platforms and cost-cutting modular architecture, which may improve margins over time. Stellantis Deepens Global Tech Alliances To Advance Software Defined EV Platforms
• Neutral Sentiment: Stellantis said it has no major plans to expand its recent Jaguar Land Rover and Tata Motor partnerships into Europe, which appears more like a clarification of strategy than a major catalyst. Stellantis plays down European scope for JLR and Tata partnerships
• Negative Sentiment: The biggest overhang is a new recall of more than 419,000 U.S. vehicles over improper side air bag deployment, which raises warranty, repair, and reputation risks. Stellantis to recall over 419,000 US vehicles over improper side air bag deployment
• Negative Sentiment: Multiple law firms also issued class-action deadline notices tied to alleged securities fraud claims, keeping legal uncertainty in focus and adding to investor caution. STLA DEADLINE NOTICE: ROSEN… Securities Class Action

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.