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Stellantis N.V. (NYSE: STLA) Is Down -31.56% Year-To-Date, But Analysts Find Room For A Price Rally

Stellantis N.V. (NYSE:STLA) traded at $12.74 at last check on Wednesday, June 29, made a downward move of -0.74% on its previous day’s price.

Looking at the stock we see that its previous close was $12.84 with the day’s price range being $12.835 – $13.45. The company has a trailing 12-month PE ratio of 2.78. In terms of its 52-week price range, STLA has a high of $21.99 and a low of $12.56. The company’s stock has lost about -13.18% over that past 30 days.

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Stellantis N.V. has a market cap of $40.22 billion. With its Forward Dividend at 1.09 and a yield of 8.49%, the company’s investors could be anxious for the STLA stock to gain ahead of the earnings release.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $34.7 billion, with a low of $33.64 billion and a high of $35.3 billion. The median projection represents growth squeezing down to 3.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2020 is expected to hit $102.91 billion, or -16.20% down from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the STLA stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Based on estimates by 26 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Stellantis N.V. (STLA) stock as a Hold, while 18 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the STLA stock currently stands at 0.14, and the most recent price level today is -8.00% off its SMA20 and -8.73% from its 50-day simple moving average. The RSI (14) is pointing at 38.93 while the volatility over the past week is 3.08% and jumps to 2.39% over the past one month.

Let’s briefly compare Stellantis N.V. (STLA) stock to its peers. We find that today’s price change of -0.74% and -36.31% over the past 12 months for STLA competes that of Tesla Inc. (TSLA), which has seen its stock price fall -3.33% in the latest trading session and is 1.35% over the last one year. Another of its peers General Motors Company (GM) has dropped -2.28% today, and was -42.04% down over the past year, while Ford Motor Company (F) is also down -2.67% yet, while its price remains in the red at -21.06% over the same period. Stellantis N.V. has a P/E ratio of 2.78 compared to Tesla Inc.’s 94.35 and General Motors Company’s 5.64. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.20% and 0.50%, respectively, in early deals.

Coming back to Stellantis N.V. (NYSE:STLA), we note that the average 3-month trading volume was 5.30 million. Current shares outstanding are 3.13 billion.

The insiders hold 24.72% of the company’s shares while institutions hold 58.49%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -31.56% down in year-to-date price movement.

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