Stellantis N.V. (0QXR.IL)
| Previous close | 16.65 |
| Open | 16.65 |
| Bid | 15.35 x 0 |
| Ask | 16.97 x 0 |
| Day's range | 16.04 - 16.67 |
| 52-week range | 15.99 - 27.56 |
| Volume | |
| Avg. volume | 3,217,842 |
| Market cap | 52.737B |
| Beta (5Y monthly) | 1.31 |
| PE ratio (TTM) | 2.65 |
| EPS (TTM) | 6.29 |
| Earnings date | 25 Jul 2024 |
| Forward dividend & yield | 1.34 (7.14%) |
| Ex-dividend date | 24 Apr 2023 |
| 1y target est | N/A |
- Yahoo Finance Video
Automakers are experiencing a pivot: Analyst
The auto sector experienced a challenging week, with major players Tesla (TSLA), Ford (F), and General Motors (GM) all reporting weaker-than-expected earnings. Dan Levy, Barclays senior autos analyst, joins Market Domination to discuss the current state of the auto industry. Levy identifies a trend in the auto industry: "a pivot to demand constraints and away from supply constraints." He explains that in recent years, demand was strong while supply was weak. However, "that's really flipped this year," with automakers now "grappling with this reality" of softer demand. Regarding the potential impact of the upcoming election on the electric vehicle (EV) market, Levy notes that automakers will likely continue with their product planning cycles "regardless of who is in office". However, he points out that a Trump-Vance administration could potentially change the Inflation Reduction Act's EV tax purchase credit and might lead to softer regulatory mandates for the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Auto industry 'quite healthy' despite earnings slump: Expert
The auto sector is grabbing investor attention as major companies like Stellantis (STLA) and Ford (F) report underwhelming second-quarter earnings. CarGurus director of industry Insights and analytics Kevin Roberts joins Asking for a Trend to discuss the state of the auto industry. Despite these disappointing reports, Roberts says the auto industry is still "quite healthy." However, he points out that two factors — "revenge spending" by consumers and the semiconductor chip shortage — "pushed prices really, really high." Roberts explains that current auto industry earnings suggest the sector is going through "a bit of a rebalancing right now." Regarding electric vehicles (EVs), Roberts finds the industry to still be riding "the long-term trend of where it's going. The question really is what the adoption rate curve is going to be." He points out that there's currently an imbalance between supply and demand for EVs. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Angel Smith
Barrons.comAuto Stocks Were Crushed. Everything Is Fine. Really.
Ford, GM, Stellantis, and Tesla shares were down about 12% on average so far this week, wiping out some $80 billion in market value.
