Stellantis N.V. (NYSE: STLA) stock fell -3.14% on Wednesday to $15.74 against a previous-day closing price of $16.25. With 4.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.21 million shares. During the session, the Auto Manufacturers company that operates in wider Consumer Cyclical sector, reached to the highest price of $15.89 whereas the lowest price it dropped to was $15.65. The 52-week range on STLA shows that it touched its highest point at $18.97 and its lowest point at $11.37 during that stretch. It currently has a 1-year price target of $21.52.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STLA was down-trending over the past week, with a drop of -2.42%, but this was down by -2.11% over a month. Three-month performance dropped to -12.65% while six-month performance rose 5.57%. The stock gained 8.48% in the past year, while it has gained 10.85% so far this year. EPS is expected to grow by 3.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.74%.
Float and Shares Shorts:
At present, 3.13 billion STLA shares are outstanding with a float of 2.13 billion shares on hand for trading. On Apr 27, 2023, short shares totaled 29.58 million, which was 0.94% higher than short shares on Mar 30, 2023. In addition to Mr. John Jacob Philip Elkann as the firm’s Exec. Chairman, Mr. Carlos Tavares serves as its CEO & Exec. Director.
Institutional Ownership:
Through their ownership of 49.36% of STLA’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of STLA, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 1.03% stake in STLA, the Government Pension Fund – Global is the largest stakeholder. A total of 32,361,729 shares are owned by the mutual fund manager. The Dodge & Cox International Stock F, which owns about 0.95% of STLA stock, is the second-largest Mutual Fund holder. It holds 30,000,000 shares valued at 496.8 million. Vanguard Total International Stoc holds 0.87% of the stake in STLA, owning 27,431,246 shares worth 454.26 million.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STLA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With STLA analysts setting a high price target of $37.10 and a low target of $17.91, the average target price over the next 12 months is $23.53. Based on these targets, STLA could surge 135.71% to reach the target high and rise by 13.79% to reach the target low. Reaching the average price target will result in a growth of 49.49% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded STLA stock several times over the past three months with 3 Buys and 0 Sells. In these transactions, 17,220 shares were bought while 0 shares were sold. The number of buy transactions has increased to 4 while that of sell transactions has risen to 1 over the past year. The total number of shares bought during that period was 24,720 while 22,752 shares were sold.
