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As of close of business last night, CNH Industrial NV’s stock clocked out at $9.67, up 0.21% from its previous closing price of $9.65. In other words, the price has increased by $0.21 from its previous closing price. On the day, 8.91 million shares were traded. CNH stock price reached its highest trading level at $9.79 during the session, while it also had its lowest trading level at $9.59.
Ratios:
To gain a deeper understanding of CNH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.17 and its Current Ratio is at 6.30. In the meantime, Its Debt-to-Equity ratio is 3.56 whereas as Long-Term Debt/Eq ratio is at 3.52.
On June 26, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNH now has a Market Capitalization of 12159831040 and an Enterprise Value of 37778849792. As of this moment, CNH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.63, and their Forward P/E ratio for the next fiscal year is 6.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 1.563 whereas that against EBITDA is 11.929.
Stock Price History:
The Beta on a monthly basis for CNH is 1.55, which has changed by -0.34351665 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, CNH has reached a high of $15.74, while it has fallen to a 52-week low of $9.42. The 50-Day Moving Average of the stock is -10.22%, while the 200-Day Moving Average is calculated to be -16.10%.
Shares Statistics:
It appears that CNH traded 9.34M shares on average per day over the past three months and 8275100 shares per day over the past ten days. A total of 1.29B shares are outstanding, with a floating share count of 818.06M. Insiders hold about 34.94% of the company’s shares, while institutions hold 65.12% stake in the company. Shares short for CNH as of 1718323200 were 31071768 with a Short Ratio of 3.33, compared to 1715731200 on 30331231. Therefore, it implies a Short% of Shares Outstanding of 31071768 and a Short% of Float of 4.3.
Dividends & Splits
With its trailing 12-month dividend rate of 0.47, CNH has a forward annual dividend rate of 0.47. Against a Trailing Annual Dividend Yield of 0.048704665The stock’s 5-year Average Dividend Yield is 1.93.
