Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
CNH Industrial NV (NYSE: CNHI) closed the day trading at $11.50 down -6.58% from the previous closing price of $12.31. In other words, the price has decreased by $-6.58 from its previous closing price. On the day, 25.57 million shares were traded. CNHI stock price reached its highest trading level at $11.86 during the session, while it also had its lowest trading level at $11.16.
Ratios:
For a better understanding of CNHI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 3.40 whereas as Long-Term Debt/Eq ratio is at 1.98.
On March 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $18.
On January 23, 2024, DA Davidson started tracking the stock assigning a Neutral rating and target price of $13.DA Davidson initiated its Neutral rating on January 23, 2024, with a $13 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNHI now has a Market Capitalization of 14321524736 and an Enterprise Value of 40162443264. As of this moment, CNH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.54, and their Forward P/E ratio for the next fiscal year is 7.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 1.627 whereas that against EBITDA is 12.075.
Stock Price History:
Over the past 52 weeks, CNHI has reached a high of $15.74, while it has fallen to a 52-week low of $9.77. The 50-Day Moving Average of the stock is -7.04%, while the 200-Day Moving Average is calculated to be -7.10%.
Shares Statistics:
Over the past 3-months, CNHI traded about 11.08M shares per day on average, while over the past 10 days, CNHI traded about 10344710 shares per day. A total of 1.29B shares are outstanding, with a floating share count of 821.19M. Insiders hold about 34.63% of the company’s shares, while institutions hold 63.26% stake in the company. Shares short for CNHI as of 1711584000 were 31777749 with a Short Ratio of 2.87, compared to 1709164800 on 30279748. Therefore, it implies a Short% of Shares Outstanding of 31777749 and a Short% of Float of 4.4699997.
Dividends & Splits
CNHI’s forward annual dividend rate is 0.40, up from 0.47 a year ago. The stock’s 5-year Average Dividend Yield is 1.93.
Earnings Estimates
At present, CNH/INR analysts are actively evaluating the performance of CNH Industrial NV (CNHI) in the stock market.The consensus estimate for the next quarter is $2,237.90, with high estimates of $129.32 and low estimates of $11.50.
