In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $10.28 in the prior trading day, CNH Industrial NV (NYSE: CNH) closed at $10.07, down -2.04%. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 4.48 million shares were traded. CNH stock price reached its highest trading level at $10.255 during the session, while it also had its lowest trading level at $10.06.
Ratios:
Our goal is to gain a better understanding of CNH by taking a closer look at 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 12926958592 and an Enterprise Value of 38281842688. As of this moment, CNH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.86, and their Forward P/E ratio for the next fiscal year is 6.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.584 whereas that against EBITDA is 12.088.
Stock Price History:
The Beta on a monthly basis for CNH is 1.55, which has changed by -0.35074145 over the last 52 weeks, in comparison to a change of 0.21656322 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 -3.74%, while the 200-Day Moving Average is calculated to be -11.74%.
Shares Statistics:
The stock has traded on average 8.84M shares per day over the past 3-months and 6789810 shares per day over the last 10 days, according to various share statistics. A total of 1.29B shares are outstanding, with a floating share count of 818.03M. Insiders hold about 34.95% of the company’s shares, while institutions hold 65.11% stake in the company. Shares short for CNH as of 1719532800 were 30040703 with a Short Ratio of 3.40, compared to 1717113600 on 35527836. Therefore, it implies a Short% of Shares Outstanding of 30040703 and a Short% of Float of 4.16.
Dividends & Splits
In the trailing 12 months, CNH’s forward annual dividend rate was 0.47, compared to 0.47 this year. Against a Trailing Annual Dividend Yield of 0.045719847The stock’s 5-year Average Dividend Yield is 1.93.
