Fiat Chrysler profit up more than a third as Europe improves
- Author: Leroy Wright Apr 26, 2017,
Apr 26, 2017, 21:03
Several sell side analysts reviewed their recommendations on Fiat Chrysler Automobiles N.V. (FCAU) where 1 analyst have rated the stock as Strong Buy, 2 analysts said it's a Buy, 0 rated the stock as Hold, 1 analysts reported Underperform and 0 analysts gave their recommendations as Sell. Fiat Chrysler Automobiles NV earned a media sentiment score of 0.35 on AlphaOne's scale.
The company delivered positive earnings surprises in three of the trailing four quarters with an average beat of around 39.76%.
Fiat Chrysler shares jumped as much as 4.6 percent, the steepest intraday gain since January 24, and were trading up 3.7 percent at 10.05 euros as of 14:08 CET in Milan.
The stock's price switched up 2.05% 20-Days Simple Moving Average, dropped -2.28% from 50-Days Simple Moving Average and rose 25.02% from 200 Days Simple Moving Average.
Carmaker Fiat Chrysler Automobiles reported Wednesday that its first-quarter earnings rose by more than a third mainly due to an improved performance in Europe and by its luxury Maserati brand. According to these analysts, the Low Revenue Estimate for Fiat Chrysler Automobiles N.V.is 29.04 Billion and the High Revenue Estimate is 31.43 Billion. Fiat Chrysler Automobiles N.V. (NYSE:FCAM) now has an ABR of N/A heading into today's announcement. Looking at this figure it suggests that the shares of Fiat Chrysler Automobiles N.V. (FCAU) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Fiat Chrysler Automobiles N.V. (FCAU) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. Analyst's mean target price for FCAU is $15.15 while analysts mean recommendation is 2.30.
The number of shares traded in the last trading session was 6.44 Million.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
Fiat Chrysler Automobiles N.V. (FCAU) is now showing its ROA (Return on Assets) of 0%.
The company shows its Return on Assets (ROA) value of 0%. Fiat Chrysler Automobiles N.V. P/E (price to earnings) ratio is 8.03 and Forward P/E ratio of 4.12. The current share price indicates that stock is -9.37% away from its one year high and is moving 93.39% ahead of its 52-week low.
Beta factor of the stock stands at 1.15.