The stock of Stellantis N.V (NYSE:STLA) last traded at $19.35, up 0.10% from the previous session.
Data from the available sources indicates that Stellantis N.V (NYSE:STLA) is covered by 24 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $37.62 and a low of $18.50, we find $23.64. Given the previous closing price of $19.33, this indicates a potential upside of 22.3 percent. STLA stock price is now 2.98% away from the 50-day moving average and 13.35% away from the 200-day moving average. The market capitalization of the company currently stands at $59.98B.
In total, 3 analysts have assigned it a hold rating, and 19 have given it a buy rating. Brokers who have rated the stock have averaged $25.13 as their price target over the next twelve months.
Insiders disposed of 1,285,109 shares of company stock worth roughly $24.87 million over the past 1 year. A total of 30.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in STLA stock. A new stake in Stellantis N.V shares was purchased by CAPITAL GROWTH MANAGEMENT LP during the first quarter worth $41,796,000. PRUDENTIAL PLC invested $30,095,000 in shares of STLA during the first quarter. In the first quarter, ODEY ASSET MANAGEMENT LLP acquired a new stake in Stellantis N.V valued at approximately $10,714,000. MILLER VALUE PARTNERS, LLC acquired a new stake in STLA for approximately $9,598,000. SCION ASSET MANAGEMENT, LLC purchased a new stake in STLA valued at around $6,289,000 in the second quarter. In total, there are 977 active investors with 28.18% ownership of the company’s stock.
With an opening price of $19.46 on Friday morning, Stellantis N.V (NYSE: STLA) set off the trading day. During the past 12 months, Stellantis N.V has had a low of $11.57 and a high of $20.71. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.29, and a quick ratio of 1.03. The fifty day moving average price for STLA is $18.79 and a two-hundred day moving average price translates $17.07 for the stock.
The latest earnings results from Stellantis N.V (NYSE: STLA) was released for Jun, 2023. The net profit margin was 10.43% and return on equity was 27.34% for STLA.
Moreover, the firm recently paid out its quarterly dividend on 05/04/2023. Investors who held shares on 04/25/2023 were paid a $1.463548 dividend. On an annualized basis, this represents a $1.68 dividend and a 8.69% percent yield. There was an ex-dividend date of 04/24/2023 for this dividend. In terms of dividend payout ratio, STLA is presently at 25.05%.
Stellantis N.V(STLA) Company Profile
Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium passenger vehicles; pickup trucks, sport utility vehicles, and commercial vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services. The company offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, DS, Dodge, Fiat, Jeep, Maserati, Ram, Opel, Lancia, Vauxhall, Peugeot, Teksid, and Comau brand names. It sells its products directly, as well as through distributors and dealers. The company was founded in 1899 and is based in Hoofddorp, the Netherlands.
