PEUGF News and Press, Peugeot S.A.

2023-11-07 01:32:07 ET Summary Stellantis is trading at low financial metrics compared to other automotive peers, presenting a buying opportunity. The company has shown strong revenue growth and profitability, with record-breaking figures in revenue, profit, and free cash flow. ...

2023-10-11 19:52:40 ET Summary Stellantis recently paid $90 million for a ~20% stake in Argentina Lithium & Energy Corp. It includes a 7-year offtake agreement. The valuation of the deal implies $2.30 CAD per share, however there are some obstacles to realizing the full value ...

2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...

2023-09-29 15:05:47 ET Summary Ford Motor Company is better prepared to avoid bankruptcy than shrill headlines surrounding the UAW strikes would suggest. Finding opportunities for alpha rarely involve buying opportunities that feel risk-free, but overly negative sentiment is a gre...

2023-09-27 13:33:28 ET Summary The UAW strike raises serious issues for the Detroit Big Three. Stellantis seems to have the best balance sheet to face the inevitable higher costs it will have to sustain once an agreement is reached. In this article, we stress-test Stellantis' ...

2023-09-25 15:34:38 ET Summary Recent talks surrounding Cleveland-Cliffs have not ventured far from its potential takeover of U.S. Steel. However, the stock's underperformance relative to peers and the broader market this year underscores significant immediate risks that remain un...

2023-09-20 17:42:17 ET Summary The Federal Reserve will continue reducing its holdings of Treasury securities, agency debt, and agency mortgage-backed securities, which will have a negative impact on stock markets. The Fed kept interest rates the same due to the lag in monetary po...

2023-09-19 17:04:32 ET Summary Fastenal Company's growth is expected to decelerate due to slowing macros, lower ticket size, and potential pricing deflation. Sales growth has slowed to high single digits in Q1 2023 and mid single digits in Q2 2023. Margins are also expected to...

2023-09-17 09:00:00 ET Summary Labor negotiations with key labor unions in the U.S. are leading to huge pay increases, which are both a symptom of and a cause of inflation. The recent United Auto Workers strike and Saudi Arabia's efforts to raise oil prices are further fueling inf...

2023-09-16 23:54:36 ET Summary Illinois Tool Works is well positioned for revenue growth and margin expansion, with strong demand for 75% of its business portfolio. The company should be able to post above-market growth thanks to its "customer-back" innovations and increasing mark...