Stellantis N.V (NYSE:STLA) price on current trading day, rose 4.01% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $13.24.
A look at the stock’s price movement, the close in the last trading session was $12.73, moving within a range at $13.19 and $13.38. The beta value (5-Year monthly) was 1.238 while the PE ratio in trailing twelve months stood at 2.83. Turning to its 52-week performance, $29.51 and $12.12 were the 52-week high and 52-week low respectively. Overall, STLA moved -4.13% over the past month.
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Stellantis N.V’s market cap currently stands at around $38.18 billion, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 1.65, with its dividend yield at 12.46%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 33.2B for the company’s revenue for the quarter, with a low and high estimate of 31.21B and 38.03B respectively. The average forecast suggests down to a -26.44% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 157.62B, representing a -16.84% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that STLA is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 7 recommend STLA as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
STLA’s current price about 1.02% and -1.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.87, while 7-day volatility ratio is 1.63% and 1.86% in the 30-day chart. Further, Stellantis N.V (STLA) has a beta value of 1.60, and an average true range (ATR) of 0.44. Analysts have given the company’s stock an average 52-week price target of $13, forecast between a low of $12.1 and high of $16.44. Looking at the price targets, the low is 8.61% off current price level while to achieve the yearly target high, price needs to move -24.17%. Nonetheless, investors will most likely welcome a 1.81% jump to $13 which is the analysts’ median price.
If we refocus on Stellantis N.V (NYSE:STLA), historical trading data shows that trading volumes averaged 10.67 over the past 10 days and 9.31 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.88 billion shares.
The 31.38% of Stellantis N.V’s shares are in the hands of company insiders while institutional holders own 28.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 19.16 million on 2024-11-15, giving us a short ratio of 2.53. The data shows that as of 2024-11-15 short interest in Stellantis N.V (STLA) stood at 79.00001 of shares outstanding, with shares short falling to 24.14 million registered in 2024-10-15. Current price change has pushed the stock -43.22% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the STLA stock continues to rise going into the next quarter.
