Fiat Chrysler Automobiles (NYSE:FCAU) is set to announce its earnings results before the market opens on Friday, May 3rd. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Fiat Chrysler Automobiles has set its FY19 guidance at at least EUR2.70 EPS and its FY 2019 guidance at $3.05 EPS.Investors that wish to register for the company’s conference call can do so using this link.
Fiat Chrysler Automobiles (NYSE:FCAU) last posted its quarterly earnings data on Thursday, February 7th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. Fiat Chrysler Automobiles had a return on equity of 21.32% and a net margin of 3.15%. The firm had revenue of $30.62 billion during the quarter, compared to analysts’ expectations of $29.94 billion. During the same period in the prior year, the business earned $0.70 EPS. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, analysts expect Fiat Chrysler Automobiles to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
FCAU opened at $15.37 on Friday. Fiat Chrysler Automobiles has a 12-month low of $14.01 and a 12-month high of $24.22. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.82 and a quick ratio of 0.59. The stock has a market capitalization of $30.77 billion, a PE ratio of 4.07, a PEG ratio of 0.63 and a beta of 1.81.
An institutional investor recently bought a new position in Fiat Chrysler Automobiles stock. Geode Capital Management LLC bought a new stake in Fiat Chrysler Automobiles NV (NYSE:FCAU) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 11,687 shares of the company’s stock, valued at approximately $168,000. Institutional investors own 27.61% of the company’s stock.
A number of equities analysts have recently issued reports on FCAU shares. Zacks Investment Research upgraded Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Friday, January 4th. ValuEngine upgraded Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Barclays cut Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price objective for the company. in a report on Friday, February 8th. UBS Group cut Fiat Chrysler Automobiles from a “buy” rating to a “neutral” rating in a report on Tuesday, February 19th. Finally, Jefferies Financial Group cut Fiat Chrysler Automobiles to a “hold” rating in a report on Tuesday, April 2nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Fiat Chrysler Automobiles presently has a consensus rating of “Hold” and a consensus target price of $17.74.
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Fiat Chrysler Automobiles Company Profile
Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through five segments: NAFTA, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.
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