Investors Getting Picky When It Comes To Buying Stellantis N.V (STLA)

Stellantis N.V (NYSE:STLA) does about 6.12M shares in volume on a normal day but saw 6464358 shares change hands in Monday trading. The company now has a market cap of 54.99B USD. Its current market price is $19.48, marking a decrease of -0.41% compared to the previous close of $19.56. The 52 week high reached by this stock is $29.51 whilst the lowest price level in 52 weeks is $17.19.

Stellantis N.V (STLA) has a 20-day trading average at $20.51 and the current price is -33.99% off the 52-week high compared with 13.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $21.67 and its 200-day simple moving average is $22.65. If we look at the stock’s price movements over the week, volatility stands at 1.36%, which decreases to 1.33% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 31.05 to suggest the stock is neutral.

The consensus objective for the share price is $27.41, suggesting that the stock has a potential upside of 28.93% over the period.

Piper Sandler initiated its price target at $39.

Stellantis N.V (STLA) stock is down -1.86% over the week and -12.21% over the past month. Its price is -16.47% year-to-date and 12.21% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 2.51 and 5.46 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $53.68B.

To reach the target analysts have set, the stock logically needs to grow 28.93 percent from here.

The company has a return on investment of 17.90% and return on equity of 24.06%. The price to earnings ratio (P/E ratio) amounts to 3.04 while the forward price to earnings ratio is 3.55. The beta has a value of 1.63. Price to book ratio is 0.65 and price to sales ratio is 0.27.