Fiat Chrysler Automobiles (NYSE:FCAU) was downgraded by equities research analysts at UBS Group from a “buy” rating to a “neutral” rating in a report released on Tuesday, www.briefing.com reports.
Several other research analysts also recently issued reports on the company. Zacks Investment Research raised Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a report on Monday, February 11th. Barclays downgraded Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price objective on the stock. in a report on Friday, February 8th. ValuEngine raised Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Societe Generale raised Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating in a report on Monday, November 5th. Finally, HSBC downgraded Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a report on Friday, October 26th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. Fiat Chrysler Automobiles currently has a consensus rating of “Hold” and an average target price of $20.22.
Shares of FCAU opened at $15.04 on Tuesday. The company has a market capitalization of $28.90 billion, a PE ratio of 3.97, a price-to-earnings-growth ratio of 0.55 and a beta of 1.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.58 and a current ratio of 0.86. Fiat Chrysler Automobiles has a one year low of $14.01 and a one year high of $24.41.
Fiat Chrysler Automobiles (NYSE:FCAU) last posted its quarterly earnings data on Thursday, February 7th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. Fiat Chrysler Automobiles had a return on equity of 21.83% and a net margin of 3.15%. The firm had revenue of $30.62 billion for the quarter, compared to the consensus estimate of $29.94 billion. During the same quarter in the prior year, the business earned $0.70 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, sell-side analysts expect that Fiat Chrysler Automobiles will post 3.03 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of FCAU. Parisi Gray Wealth Management raised its position 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 valued at $26,000 after acquiring an additional 1,310 shares during the last quarter. We Are One Seven LLC bought a new stake in shares of Fiat Chrysler Automobiles during the 4th quarter valued at $31,000. Fosun International Ltd bought a new stake in shares of Fiat Chrysler Automobiles during the 4th quarter valued at $38,000. Lindbrook Capital LLC bought a new stake in shares of Fiat Chrysler Automobiles during the 4th quarter valued at $40,000. Finally, Rocky Mountain Advisers LLC raised its position in shares of Fiat Chrysler Automobiles by 51.2% during the 4th 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 last quarter. 25.34% of the stock is currently owned by hedge funds and other institutional investors.
Fiat Chrysler Automobiles Company Profile
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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