We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stellantis (STLA) Stock Moves -0.59%: What You Should Know
Read MoreHide Full Article
Stellantis (STLA - Free Report) closed at $13.57 in the latest trading session, marking a -0.59% move from the prior day. This change was narrower than the S&P 500's 1.65% loss on the day. At the same time, the Dow lost 1.02%, and the tech-heavy Nasdaq gained 0.16%.
Prior to today's trading, shares of the automaker had lost 8.39% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 16.55% and the S&P 500's loss of 10.86% in that time.
Stellantis will be looking to display strength as it nears its next earnings release.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.34 per share and revenue of $176.5 billion. These totals would mark changes of -13.2% and +76.78%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Stellantis. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.24% higher. Stellantis is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Stellantis is holding a Forward P/E ratio of 3.15. This valuation marks a discount compared to its industry's average Forward P/E of 7.13.
We can also see that STLA currently has a PEG ratio of 0.08. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Automotive - Foreign industry currently had an average PEG ratio of 0.4 as of yesterday's close.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 221, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow STLA in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stellantis (STLA) Stock Moves -0.59%: What You Should Know
Stellantis (STLA - Free Report) closed at $13.57 in the latest trading session, marking a -0.59% move from the prior day. This change was narrower than the S&P 500's 1.65% loss on the day. At the same time, the Dow lost 1.02%, and the tech-heavy Nasdaq gained 0.16%.
Prior to today's trading, shares of the automaker had lost 8.39% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 16.55% and the S&P 500's loss of 10.86% in that time.
Stellantis will be looking to display strength as it nears its next earnings release.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.34 per share and revenue of $176.5 billion. These totals would mark changes of -13.2% and +76.78%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Stellantis. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.24% higher. Stellantis is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Stellantis is holding a Forward P/E ratio of 3.15. This valuation marks a discount compared to its industry's average Forward P/E of 7.13.
We can also see that STLA currently has a PEG ratio of 0.08. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Automotive - Foreign industry currently had an average PEG ratio of 0.4 as of yesterday's close.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 221, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow STLA in the coming trading sessions, be sure to utilize Zacks.com.