Stellantis (STLA) Set to Announce Quarterly Earnings on Thursday

Stellantis (NYSE:STLA) is set to issue its quarterly earnings data before the market opens on Thursday, July 25th. Parties that wish to register for the company’s conference call can do so using this link.

Stellantis Trading Down 2.9 %

Shares of NYSE:STLA opened at $20.10 on Wednesday. The business’s 50 day simple moving average is $21.03 and its two-hundred day simple moving average is $23.57. The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.24. Stellantis has a 52-week low of $17.57 and a 52-week high of $29.51.

Analyst Upgrades and Downgrades

STLA has been the topic of several recent research reports. Barclays upgraded Stellantis to a “strong-buy” rating in a report on Monday, June 17th. Morgan Stanley raised their target price on Stellantis from $26.00 to $30.40 and gave the company an “overweight” rating in a report on Thursday, April 11th. Sanford C. Bernstein initiated coverage on Stellantis in a report on Friday, June 28th. They issued a “market perform” rating and a $23.50 target price on the stock. Finally, Berenberg Bank restated a “hold” rating on shares of Stellantis in a report on Tuesday, March 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Stellantis has an average rating of “Moderate Buy” and an average target price of $29.55.

Stellantis Company Profile

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.