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After finishing at $12.24 in the prior trading day, CNH Industrial NV (NYSE: CNH) closed at $11.94, down -2.45%. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 10.01 million shares were traded. CNH stock price reached its highest trading level at $12.46 during the session, while it also had its lowest trading level at $11.935.
Ratios:
Our goal is to gain a better understanding of CNH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.26. For the most recent quarter (mrq), Quick Ratio is recorded 6.12 and its Current Ratio is at 7.47. In the meantime, Its Debt-to-Equity ratio is 3.61 whereas as Long-Term Debt/Eq ratio is at 3.57.
On September 24, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $14.
On August 09, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $11.BMO Capital Markets initiated its Market Perform rating on August 09, 2024, with a $11 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, CNH now has a Market Capitalization of 15287496704 and an Enterprise Value of 41255858176. As of this moment, CNH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.75, and their Forward P/E ratio for the next fiscal year is 12.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 1.897 whereas that against EBITDA is 15.801.
Stock Price History:
Over the past 52 weeks, CNH has reached a high of $13.30, while it has fallen to a 52-week low of $9.28. The 50-Day Moving Average of the stock is 5.45%, while the 200-Day Moving Average is calculated to be 7.77%.
Shares Statistics:
The stock has traded on average 13.85M shares per day over the past 3-months and 14702590 shares per day over the last 10 days, according to various share statistics. A total of 1.25B shares are outstanding, with a floating share count of 811.24M. Insiders hold about 35.05% of the company’s shares, while institutions hold 69.08% stake in the company. Shares short for CNH as of 1731628800 were 50674630 with a Short Ratio of 3.66, compared to 1728950400 on 49031837. Therefore, it implies a Short% of Shares Outstanding of 50674630 and a Short% of Float of 7.090000000000001.
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 0.038398694The stock’s 5-year Average Dividend Yield is 1.93.
