Does Stellantis N.V (NYSE:STLA) Look Expensive At $29.18? Here’s How To Know.

In last trading session, Stellantis N.V (NYSE:STLA) saw 3.41 million shares changing hands with its beta currently measuring 1.61. Company’s recent per share price level of $29.18 trading at -$0.03 or -0.10% at ring of the bell on the day assigns it a market valuation of $83.86B. That closing price of STLA’s stock is at a discount of -1.13% from its 52-week high price of $29.51 and is indicating a premium of 48.36% from its 52-week low price of $15.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.35 million shares which gives us an average trading volume of 5.37 million if we extend that period to 3-months.

Stellantis N.V (NYSE:STLA) trade information

Upright in the red during last session for losing -0.10%, in the last five days STLA remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $29.18 price level, adding 1.12% to its value on the day. Stellantis N.V’s shares saw a change of 25.13% in year-to-date performance and have moved 2.39% in past 5-day. Stellantis N.V (NYSE:STLA) showed a performance of 10.99% in past 30-days. Number of shares sold short was 15.7 million shares which calculate 2.41 days to cover the short interests.

Stellantis N.V (STLA) estimates and forecasts

Statistics highlight that Stellantis N.V is scoring comparatively lower than the scores of other players of the relevant industry. The company added 50.96% of value to its shares in past 6 months, showing an annual growth rate of -3.89% while that of industry is 17.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.67% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -13.94% while estimates for its earnings growth in next 5 years are of -6.45%.

STLA Dividends

Stellantis N.V is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Stellantis N.V (NYSE:STLA)’s Major holders

Insiders are in possession of 24.47% of company’s total shares while institution are holding 45.69 percent of that, with stock having share float percentage of 60.49%. Investors also watch the number of corporate investors in a company very closely, which is 45.69% institutions for Stellantis N.V that are currently holding shares of the company. Bpifrance SA is the top institutional holder at STLA for having 192.7 million shares of worth $5.62 billion. And as of Dec 30, 2023, it was holding 6.10% of the company’s outstanding shares.

The second largest institutional holder is Amundi, which was holding about 95.23 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 3.01% of outstanding shares, having a total worth of $2.78 billion.

On the other hand, Dodge & Cox International Stock Fund and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 30.0 million shares of worth $875.4 million or 0.95% of the total outstanding shares. The later fund manager was in possession of 29.53 million shares on Oct 30, 2023, making its stake of worth around $861.61 million in the company or a holder of 0.93% of company’s stock.