Fiat Chrysler Automobiles NV (NYSE:FCAU) has been given an average recommendation of “Hold” by the eleven research firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $15.23.
A number of research firms recently commented on FCAU. ValuEngine lowered shares of Fiat Chrysler Automobiles from a “sell” rating to a “strong sell” rating in a research note on Tuesday, April 2nd. Jefferies Financial Group lowered shares of Fiat Chrysler Automobiles to a “hold” rating in a research note on Tuesday, April 2nd. UBS Group lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 19th. Zacks Investment Research lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a research note on Friday, January 11th. Finally, Barclays lowered shares of Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price objective on the stock. in a research note on Friday, February 8th.
Shares of NYSE FCAU traded up $0.21 during mid-day trading on Wednesday, reaching $16.65. 3,489,993 shares of the company traded hands, compared to its average volume of 4,540,990. Fiat Chrysler Automobiles has a fifty-two week low of $14.01 and a fifty-two week high of $24.41. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.82 and a quick ratio of 0.59. The firm has a market capitalization of $32.55 billion, a PE ratio of 4.40, a P/E/G ratio of 0.65 and a beta of 1.81.
Fiat Chrysler Automobiles (NYSE:FCAU) last posted its quarterly earnings data on Thursday, February 7th. The company reported $1.04 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.03. Fiat Chrysler Automobiles had a net margin of 3.15% and a return on equity of 21.32%. The business had revenue of $30.62 billion for the quarter, compared to analyst estimates of $29.94 billion. During the same quarter last year, the business earned $0.70 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. Sell-side analysts anticipate that Fiat Chrysler Automobiles will post 2.8 earnings per share for the current fiscal year.
The firm also recently announced an annual dividend, which will be paid on Thursday, May 2nd. Investors of record on Wednesday, April 24th will be issued a dividend of $0.7353 per share. This represents a yield of 4.91%. The ex-dividend date is Tuesday, April 23rd.
A number of large investors have recently modified their holdings of FCAU. Parisi Gray Wealth Management boosted its holdings in Fiat Chrysler Automobiles by 273.5% during the fourth quarter. Parisi Gray Wealth Management now owns 1,789 shares of the company’s stock worth $26,000 after buying an additional 1,310 shares in the last quarter. We Are One Seven LLC bought a new stake in Fiat Chrysler Automobiles during the fourth quarter worth approximately $31,000. Fosun International Ltd bought a new stake in Fiat Chrysler Automobiles during the fourth quarter worth approximately $38,000. Lindbrook Capital LLC bought a new stake in Fiat Chrysler Automobiles during the fourth quarter worth approximately $40,000. Finally, Rocky Mountain Advisers LLC boosted its holdings in Fiat Chrysler Automobiles by 51.2% during the fourth quarter. Rocky Mountain Advisers LLC now owns 4,429 shares of the company’s stock worth $64,000 after buying an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 27.61% 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 five segments: NAFTA, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, 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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