Stellantis N.V (NYSE:STLA) price on Thursday, January 16, fall -1.49% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.56.
A look at the stock’s price movement, the close in the last trading session was $12.75, moving within a range at $12.49 and $12.74. The beta value (5-Year monthly) was 1.238 while the PE ratio in trailing twelve months stood at 2.68. Turning to its 52-week performance, $29.51 and $12.12 were the 52-week high and 52-week low respectively. Overall, STLA moved -9.96% over the past month.
Stellantis N.V’s market cap currently stands at around $36.22 billion, with investors looking forward to this quarter’s earnings report slated for in February. The company has a Forward Dividend ratio of 1.65, with its dividend yield at 13.14%. 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 156.69B, representing a -17.33% 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 100% 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 -2.20% and -4.31% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.74, while 7-day volatility ratio is 1.54% and 1.79% in the 30-day chart. Further, Stellantis N.V (STLA) has a beta value of 1.59, and an average true range (ATR) of 0.33. 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 3.66% off current price level while to achieve the yearly target high, price needs to move -30.89%. Nonetheless, investors will most likely welcome a -3.5% 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 8.68 over the past 10 days and 8.50 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 27.57% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 23.55 million on 2024-12-31, giving us a short ratio of 2.5. The data shows that as of 2024-12-31 short interest in Stellantis N.V (STLA) stood at 97.0 of shares outstanding, with shares short rising to 15.66 million registered in 2024-11-29. Current price change has pushed the stock -3.75% 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.
