Jeep Maker Fiat Chrysler Will End All Diesel Models By 2022

Elias Hubbard
March 1, 2018

The company has a total of 1.54 Billion shares outstanding.

Transatel will provide mobile network services for Fiat Chrysler Automobile's (FCA's) on-board telematics units, Mopar Connect, in the European Union region following a competitive tender. Baillie Gifford & Co. now owns 79,791,751 shares of the company's stock worth $1,430,041,000 after acquiring an additional 12,275,873 shares in the last quarter. The stock's quarterly performance indicates a positive momentum of 21.89 percent, whereas its last one month trend is pessimistic with -9.61 percent. Lorber David A boosted its stake in Fiat Chrysler Automobiles by 38.3% during the third quarter. Finally, FineMark National Bank & Trust acquired a new position in Fiat Chrysler Automobiles in the third quarter worth $188,000.

The Nasdaq composite, meanwhile, climbed 1.15 percent to finish at 7,421.46 thanks to a almost 2 percent rally in Apple shares and a 2.8 percent gain in Intel. Spark Investment Management LLC's holdings in Fiat Chrysler Automobiles were worth $16,651,000 at the end of the most recent reporting period. Analysts have placed a $34.52 price target on Fiat Chrysler Automobiles N.V., suggesting a 58.13% gain from recent close. Vetr upgraded shares of Fiat Chrysler Automobiles from a "buy" rating to a "strong-buy" rating and set a $25.70 target price on the stock in a research note on Monday, February 5th. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover FCAU having a buy-equivalent rating. The stock now has a consensus rating of "Buy" and an average target price of $20.72.

Fiat Chrysler Automobiles NV (NYSE:FCAU) traded down $0.12 on Tuesday, reaching $21.64. The company has a current ratio of 0.77, a quick ratio of 0.49 and a debt-to-equity ratio of 0.51. The price to sales ratio is the ratio of the market value of equity to the sales.

Fiat Chrysler Automobiles N.V. (FCAU) shares were closed at $21.76 a share in the latest session and the stock value loss nearly -0.32% since the beginning of this year.

Given the importance of identifying companies that will grow earnings per share at high rate, we then need to consider how to identify which companies will achieve high growth rates.

Fiat Chrysler Automobiles N.V.'s insider ownership stands at 0 percent, while its insider transaction is 0 percent. The company's revenue was down 2.8% compared to the same quarter past year. CEO Sergio Marchionne has said he expects most vehicles made by 2025 to either be fully electric or hybrid.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & global copyright and trademark legislation.

Other reports by Click Lancashire

Discuss This Article