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) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
Stellantis (STLA - Free Report) closed the most recent trading day at $16.57, moving -1.43% from the previous trading session. This move lagged the S&P 500's daily loss of 0.72%.
Coming into today, shares of the automaker had lost 6.14% in the past month. In that same time, the Auto-Tires-Trucks sector gained 4.74%, while the S&P 500 gained 6.13%.
Wall Street will be looking for positivity from STLA as it approaches its next earnings report date. This is expected to be May 5, 2021.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.15 per share and revenue of $180.2 billion. These totals would mark changes of +131.62% and +80.48%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for STLA. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. STLA currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, STLA is holding a Forward P/E ratio of 5.34. Its industry sports an average Forward P/E of 10.15, so we one might conclude that STLA is trading at a discount comparatively.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stellantis (STLA) Dips More Than Broader Markets: What You Should Know
Stellantis (STLA - Free Report) closed the most recent trading day at $16.57, moving -1.43% from the previous trading session. This move lagged the S&P 500's daily loss of 0.72%.
Coming into today, shares of the automaker had lost 6.14% in the past month. In that same time, the Auto-Tires-Trucks sector gained 4.74%, while the S&P 500 gained 6.13%.
Wall Street will be looking for positivity from STLA as it approaches its next earnings report date. This is expected to be May 5, 2021.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.15 per share and revenue of $180.2 billion. These totals would mark changes of +131.62% and +80.48%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for STLA. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. STLA currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, STLA is holding a Forward P/E ratio of 5.34. Its industry sports an average Forward P/E of 10.15, so we one might conclude that STLA is trading at a discount comparatively.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.