At the time of writing, CNH Industrial NV [CNHI] stock is trading at $12.45, up 0.73%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CNHI shares have gain 3.84% over the last week, with a monthly amount glided 2.47%, and seem to be holding up well over a long-time horizon.
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On 19, March 2024, Pricing of CNH Industrial Capital LLC $600 million notes. In a post published today on Yahoo Finance, Basildon, March 19, 2024.
From an analyst’s perspective:
CNH Industrial NV [NYSE: CNHI] stock has seen the most recent analyst activity on March 14, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $18. Previously, DA Davidson started tracking the stock with Neutral rating on January 23, 2024, and set its price target to $13. On January 17, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $19 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating. Wells Fargo initiated its recommendation with a Equal Weight and recommended $13 as its price target on December 15, 2023. Oppenheimer downgraded its rating to Perform for this stock on October 20, 2023. In a note dated September 19, 2023, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $16 to $14.
For the past year, the stock price of CNH Industrial NV fluctuated between $9.77 and $15.74. Currently, Wall Street analysts expect the stock to reach $18.06 within the next 12 months. CNH Industrial NV [NYSE: CNHI] shares were valued at $12.45 at the most recent close of the market. An investor can expect a potential return of 45.06% based on the average CNHI price forecast.
Analyzing the CNHI fundamentals
According to CNH Industrial NV [NYSE:CNHI], the company’s sales were 24.69B for trailing twelve months, which represents an -2.22% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.3 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.31 points at the first support level, and at 12.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.57, and for the 2nd resistance point, it is at 12.68.
CNH Industrial NV [CNHI] reported earnings per share of $0.42 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.42/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.42 per share as compared to estimates of $0.43 per share, a difference of -$0.01 representing a surprise of -2.30%.
Ratios To Look Out For
It is important to note that CNH Industrial NV [NYSE:CNHI] has a current ratio of 2.02. As well, the Quick Ratio is 1.70, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 1.98 and price to earnings (TTM) ratio is 7.09.
