On November 29, 2019, Fiat Chrysler Automobiles N.V. (NYSE:FCAU) shares lost -1.4% or -0.21 points to close at $14.75 with a thin trading volume of 1.531 million shares. It opened the trading session at $14.81, the shares rose to $14.85 and dropped to $14.71, the range by which the price of stock traded the whole day. The company now has a market cap of $23.1 billion and currently has 1.57 billion outstanding shares. Fiat Chrysler Automobiles N.V. (FCAU) stock has plunged -1.54 percent of market value in 21 trading days.
FCAU stock’s trailing 3-year beta is 0, meaning there will be a lower rate of return, although posing a lower risk. The part of a firm’s profit given to each outstanding share of regular stock was $2.32 share in the trailing 52 weeks. The stock’s value surged 13.06 percent year to date (YTD) compared to a decline of -3.72 percent in 52 week’s period. The firm’s shares are still trading -9.23 percent below its 1-year high of $16.25 and 21.8 percent up from 52-week low of $12.11. The average consensus ranking on the company is 2, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
Fiat Chrysler Automobiles N.V. (FCAU) is most likely going to rise 13.29 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $20.3-month high price target. This represents a whopping 37.63 percent increase from the current trading of shares. The 52-week median price target given by the analysts is $17.85, which means a return possibility of 21.02 percent in comparison with the closing price of the stock of $14.75 on November 29. The lowest price set for the stock is $12.12 — just above -17.83 percent from FCAU share price now.
Past records have indicated that shares in Fiat Chrysler Automobiles N.V. declined on 10 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of FCAU’s Q4 earnings on January 23. Analysts are predicting revenue to suffer decline of -4.4 percent to $33B in the financial fourth quarter, while EPS will soar by about -11.97 percent to $1.03 per share. In the last quarter, it earnings of $0.930127041742286 per share came worse than the $1.04604826212087, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $34.73B. Earnings are seen to rise by -19.4 percent this year, 4.1 percent in the coming year and the trend continues by 20.11 percent every year in the next 5 years.
The stock is lingering around the initial support level of $14.69. After this, the following support is at the zone of $14.63. Up until the time the FCAU stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 47.36 on the daily chart, and this may be a cause for concern. In case the price goes below $14.63 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $14.83 level may cause a pull-back move approaching $14.91 mark.
Fiat Chrysler Automobiles N.V. (FCAU) shares are trading at a P/E ratio of 9.2 times earnings posted in the trailing 12 months. The industry FCAU deals with has an average P/E of 13. Its P/B ratio is standing at 1X compared to the 1.3 industry average. It is additionally sporting a 0.2 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.5.