The stock of Stellantis N.V (NYSE:STLA) last traded at $18.00, down -0.22% from the previous session.
Data from the available sources indicates that Stellantis N.V (NYSE:STLA) is covered by 25 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $40.06 and a low of $17.98, we find $24.04. Given the previous closing price of $18.04, this indicates a potential upside of 33.26 percent. STLA stock price is now -4.66% away from the 50-day moving average and 1.97% away from the 200-day moving average. The market capitalization of the company currently stands at $55.80B.
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 $24.94 as their price target over the next twelve months.
In other news, Stellantis N.V., 10% Owner bought 12,313,234 shares of the company’s stock on Oct 16. The stock was bought for $69,999,504 at an average price of $5.68. Upon completion of the transaction, the 10% Owner now directly owns 31,048,137 shares in the company, valued at $558.87 million. Insiders disposed of 1,285,109 shares of company stock worth roughly $23.13 million over the past 1 year. A total of 30.80% 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 PRUDENTIAL PLC during the first quarter worth $27,995,000. ODEY ASSET MANAGEMENT LLP invested $9,966,000 in shares of STLA during the first quarter. In the first quarter, MILLER VALUE PARTNERS, LLC acquired a new stake in Stellantis N.V valued at approximately $8,928,000. SCION ASSET MANAGEMENT, LLC acquired a new stake in STLA for approximately $5,850,000. CAPITAL ADVISORS, LTD. LLC purchased a new stake in STLA valued at around $4,954,000 in the second quarter. In total, there are 977 active investors with 28.35% ownership of the company’s stock.
With an opening price of $18.38 on Monday morning, Stellantis N.V (NYSE: STLA) set off the trading day. During the past 12 months, Stellantis N.V has had a low of $12.79 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 $18.88 and a two-hundred day moving average price translates $17.66 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.
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.
