Noteworthy Price Action: What’s Ahead for Fiat Chrysler Automobiles NV After Today’s Big Increase?

Noteworthy Price Action: What's Ahead for Fiat Chrysler Automobiles NV After Today's Big Increase?

The stock of Fiat Chrysler Automobiles NV (NYSE:FCAU) is a huge mover today! About 3.84M shares traded hands. Fiat Chrysler Automobiles NV (NYSE:FCAU) has declined 5.87% since April 25, 2016 and is downtrending. It has underperformed by 11.88% the S&P500.
The move comes after 6 months positive chart setup for the $9.93 billion company. It was reported on Nov, 28 by Barchart.com. We have $8.31 PT which if reached, will make NYSE:FCAU worth $794.40 million more.

Analysts await Fiat Chrysler Automobiles NV (NYSE:FCAU) to report earnings on January, 25. They expect $0.41 EPS, down 49.38% or $0.40 from last year’s $0.81 per share. FCAU’s profit will be $529.43 million for 4.69 P/E if the $0.41 EPS becomes a reality. After $0.53 actual EPS reported by Fiat Chrysler Automobiles NV for the previous quarter, Wall Street now forecasts -22.64% negative EPS growth.

Fiat Chrysler Automobiles NV (NYSE:FCAU) Ratings Coverage

Out of 8 analysts covering Fiat Chrysler (NYSE:FCAU), 2 rate it a “Buy”, 5 “Sell”, while 1 “Hold”. This means 25% are positive. Fiat Chrysler has been the topic of 11 analyst reports since August 24, 2015 according to StockzIntelligence Inc. Morgan Stanley reinitiated the shares of FCAU in a report on Monday, August 24 with “Overweight” rating. Berenberg initiated the shares of FCAU in a report on Tuesday, November 22 with “Hold” rating. The rating was reinitiated by BNP Paribas on Monday, November 16 with “Neutral”. As per Monday, May 16, the company rating was downgraded by BNP Paribas. The firm has “Underperform” rating by Bank of America given on Friday, April 29. The firm earned “Underweight” rating on Wednesday, July 6 by Barclays Capital. The stock of Fiat Chrysler Automobiles NV (NYSE:FCAU) earned “Overweight” rating by Morgan Stanley on Wednesday, February 24. The rating was downgraded by Citigroup to “Sell” on Thursday, June 16. The firm earned “Buy” rating on Tuesday, August 9 by Jefferies. The stock has “Neutral” rating given by Citigroup on Wednesday, January 20.

According to Zacks Investment Research, “Fiat Chrysler Automobiles NV operates as an international automotive company. It is engaged in designing, engineering, manufacturing, distributing and selling vehicles and components and production systems. The Company operates under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. It also produces metallurgical products and production systems for the automobile industry, and owns publishing and insurance companies. Fiat Chrysler Automobiles NV is based in United Kingdom.”

More important recent Fiat Chrysler Automobiles NV (NYSE:FCAU) news were published by: Finance.Yahoo.com which released: “FIAT CHRYSLER AUTOMOBILES N.V.: OCTOBER 2016 FIAT CHRYSLER AUTOMOBILES SALES …” on November 17, 2016, also Bloomberg.com published article titled: “Trump Is a ‘Game Changer’ for Auto Industry, Fiat CEO Says”, Fool.com published: “Why Shares of Fiat Chrysler Automobiles Jumped 14% Last Month” on November 03, 2016. More interesting news about Fiat Chrysler Automobiles NV (NYSE:FCAU) was released by: Seekingalpha.com and their article: “Fiat Chrysler Should Be Boosted By Recent Events” with publication date: November 22, 2016.

FCAU Company Profile

Fiat Chrysler Automobiles N.V., incorporated on April 1, 2014, is an automotive company. The Firm is engaged in designing, engineering, manufacturing, distributing and selling vehicles, and components. The Company’s activities are carried out through six reportable divisions: four regional mass-market vehicle divisions (NAFTA, LATAM, APAC and EMEA), Maserati, and a global Components segment. The Firm has activities in approximately 40 countries and sells its vehicles for the mass market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands, and the SRT performance vehicle designation. In addition, the Company designs, engineers, makes, distributes and sells luxury vehicles under the Maserati brand. The Firm also operates in the components and production systems sectors under the Magneti Marelli, Teksid and Comau brands. The Firm makes and sells passenger cars, light trucks and light commercial vehicles.

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