Market Recap Check: CNH Industrial NV (CNH)’s Positive Finish at 10.66, Up/Down 0.76

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The price of CNH Industrial NV (NYSE: CNH) closed at $10.66 in the last session, up 0.76% from day before closing price of $10.58. In other words, the price has increased by $0.76 from its previous closing price. On the day, 6.83 million shares were traded. CNH stock price reached its highest trading level at $10.7 during the session, while it also had its lowest trading level at $10.47.

Ratios:

We take a closer look at CNH’s different ratios to gain a better understanding of the stock. 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 13404735488 and an Enterprise Value of 39023755264. As of this moment, CNH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.21, and their Forward P/E ratio for the next fiscal year is 7.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.615 whereas that against EBITDA is 12.322.

Stock Price History:

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 0.98%, while the 200-Day Moving Average is calculated to be -6.81%.

Shares Statistics:

According to the various share statistics, CNH traded on average about 9.20M shares per day over the past 3-months and 8400406 shares per day over the past 10 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 65.05% stake in the company. Shares short for CNH as of 1719532800 were 30040703 with a Short Ratio of 3.26, 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

The forward annual dividend rate for CNH is 0.47, which was 0.47 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.044423442The stock’s 5-year Average Dividend Yield is 1.93.

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