Fiat Chrysler Automobiles (NYSE:FCAU) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Monday, February 4th.
FCAU has been the subject of a number of other research reports. Zacks Investment Research raised shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Friday, January 4th. Societe Generale raised shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating in a research report on Monday, November 5th. Finally, HSBC lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a research report on Friday, October 26th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $20.22.
Fiat Chrysler Automobiles stock traded up $0.03 on Monday, reaching $14.76. 3,934,762 shares of the stock were exchanged, compared to its average volume of 4,785,909. The firm has a market cap of $28.77 billion, a price-to-earnings ratio of 3.90, a P/E/G ratio of 0.55 and a beta of 1.91. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.86 and a quick ratio of 0.58. Fiat Chrysler Automobiles has a twelve month low of $14.01 and a twelve month high of $24.41.
Fiat Chrysler Automobiles (NYSE:FCAU) last released its earnings results on Thursday, February 7th. The company reported $1.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.03. The firm had revenue of $30.62 billion during the quarter, compared to analyst estimates of $29.94 billion. Fiat Chrysler Automobiles had a net margin of 3.15% and a return on equity of 21.83%. The business’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.70 EPS. As a group, sell-side analysts expect that Fiat Chrysler Automobiles will post 3.03 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. Parisi Gray Wealth Management increased its holdings in shares of Fiat Chrysler Automobiles by 273.5% during the 4th quarter. Parisi Gray Wealth Management now owns 1,789 shares of the company’s stock worth $26,000 after purchasing an additional 1,310 shares during the period. We Are One Seven LLC bought a new stake in Fiat Chrysler Automobiles in the fourth quarter valued at about $31,000. Fosun International Ltd bought a new stake in Fiat Chrysler Automobiles in the fourth quarter valued at about $38,000. Lindbrook Capital LLC bought a new stake in Fiat Chrysler Automobiles in the fourth quarter valued at about $40,000. Finally, Rocky Mountain Advisers LLC increased its stake in Fiat Chrysler Automobiles by 51.2% in the fourth quarter. Rocky Mountain Advisers LLC now owns 4,429 shares of the company’s stock valued at $64,000 after acquiring an additional 1,500 shares during the period. Institutional investors own 25.34% of the company’s stock.
About Fiat Chrysler Automobiles
Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.
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