Stellantis (STLA) Scheduled to Post Quarterly Earnings on Thursday

Stellantis (NYSE:STLA) will issue its quarterly earnings data before the market opens on Thursday, October 31st.

Stellantis Price Performance

Shares of Stellantis stock opened at $13.35 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.85 and a debt-to-equity ratio of 0.26. Stellantis has a 52 week low of $12.74 and a 52 week high of $29.51. The firm’s 50 day moving average is $14.73 and its two-hundred day moving average is $18.56.

Insider Activity

In other Stellantis news, major shareholder N.V. Stellantis purchased 2,982,089 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average price of $3.35 per share, for a total transaction of $9,989,998.15. Following the completion of the acquisition, the insider now owns 59,734,962 shares of the company’s stock, valued at approximately $200,112,122.70. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

STLA has been the topic of several research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating on shares of Stellantis in a research note on Friday, October 4th. Nomura upgraded Stellantis from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 31st. Wolfe Research reissued a “peer perform” rating on shares of Stellantis in a research report on Thursday, September 5th. Barclays lowered Stellantis from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 3rd. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $16.44 price objective (down from $27.30) on shares of Stellantis in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $27.34.

About Stellantis

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.