(RNO) Renault - Ratings and Ratios

Renault SA is a global automotive player with a diverse portfolio of brands, including Renault, Dacia, Alpine, and Mobilize, operating in multiple regions, including Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas. The company is structured into three main segments: Automotive, Sale Financing, and Mobility Services. The Automotive segment is the core of the business, focusing on the production, sale, and distribution of passenger cars and light commercial vehicles, as well as investments in strategic partnerships, notably with Nissan. The Sale Financing segment provides financial services, including leasing and maintenance, under the Mobilize Financial Services brand, while the Mobility Services segment is geared towards providing mobility and energy solutions for electric vehicle users under the Mobilize brand.

Beyond its core automotive business, Renault SA is also involved in the design and production of parts and equipment, business-to-business powertrain activities, and research and advanced engineering. The companys history dates back to 1898, and it is headquartered in Boulogne-Billancourt, France. With a global footprint and a commitment to innovation, Renault is poised to navigate the evolving automotive landscape, including the shift towards electric vehicles and mobility services.

From a technical analysis perspective, Renaults stock (RNO) is currently priced at €43.15, below its 20-day and 50-day Simple Moving Averages (SMA) of €47.10 and €45.10, respectively, but above its 200-day SMA of €42.86. The Average True Range (ATR) stands at 1.17, indicating a daily price volatility of 2.70%. The stock has traded between €34.25 and €50.07 over the past 52 weeks. Given the current technical setup, a potential trading range could be between €42 and €48 in the short term, influenced by the SMA levels.

Fundamentally, Renault SA has a market capitalization of €14.01 billion and a Price-to-Earnings (P/E) ratio of 17.31, with a forward P/E of 7.50, indicating potential for earnings growth. The Return on Equity (RoE) stands at 9.81%, suggesting a reasonable return for shareholders. Combining technical and fundamental insights, a forecast for Renault SA could be cautiously optimistic, driven by its strategic positioning in the automotive sector, including its investments in electric vehicles and mobility services. If the company can successfully navigate the industrys shift towards electrification and maintain its operational efficiency, it may see its stock price potentially reaching €50 in the next 12-18 months, driven by improved earnings and investor confidence.