Now Is A Good Time To Buy Stellantis N.V (NYSE: STLA)

During the last session, Stellantis N.V (NYSE:STLA)’s traded shares were 5.28 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $26.64, reflecting an intraday gain of 0.23% or $0.06. The 52-week high for the STLA share is $29.51, that puts it down -10.77 from that peak though still a striking 43.43% gain since the share price plummeted to a 52-week low of $15.07. The company’s market capitalization is $76.56B, and the average intraday trading volume over the past 10 days was 4.87 million shares, and the average trade volume was 5.57 million shares over the past three months.

Stellantis N.V (NYSE:STLA) trade information

Stellantis N.V (STLA) registered a 0.23% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.23% in intraday trading to $26.64, hitting a weekly high. The stock’s 5-day price performance is -5.87%, and it has moved by -1.95% in 30 days. Based on these gigs, the overall price performance for the year is 48.16%. The short interest in Stellantis N.V (NYSE:STLA) is 16.87 million shares and it means that shorts have 2.89 day(s) to cover.

Stellantis N.V (STLA) estimates and forecasts

Statistics show that Stellantis N.V has underperformed its competitors in share price, compared to the industry in which it operates. Stellantis N.V (STLA) shares have gone up 42.08% during the last six months, with a year-to-date growth rate less than the industry average at -3.89% against 15.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.67%. While earnings are projected to return -13.53% in 2024, the next five years will return -6.45% per annum.

STLA Dividends

Stellantis N.V is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Stellantis N.V is 1.48, with the dividend yield indicating at 5.55 percent, continuing the trend of increasing dividends in recent years.

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

Stellantis N.V insiders own 24.47% of total outstanding shares while institutional holders control 45.68%, with the float percentage being 60.47%. Bpifrance SA is the largest shareholder of the company, while 1,060 institutions own stock in it. As of Jun 29, 2023, the company held over 192.7 million shares (or 6.10% of all shares), a total value of $3.38 billion in shares.

The next largest institutional holding, with 94.02 million shares, is of Amundi’s that is approximately 2.97% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $1.65 billion.

Also, the Mutual Funds coming in first place with the largest holdings of Stellantis N.V (STLA) shares are Dodge & Cox International Stock Fund and Vanguard International Stock Index-Total Intl Stock Indx. Data provided on Jun 29, 2023 indicates that Dodge & Cox International Stock Fund owns about 30.0 million shares. This amounts to just over 0.95 percent of the company’s overall shares, with a $526.2 million market value. The same data shows that the other fund manager holds slightly less at 26.56 million, or about 0.84% of the stock, which is worth about $545.86 million.