Stock of CNH Industrial NV (CNH) performance and profitability takes another direction

CNH Industrial NV [CNH] stock prices are up 3.50% to $10.95 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CNH shares have gain 8.85% over the last week, with a monthly amount glided 11.85%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CNH Industrial NV [NYSE: CNH] stock has seen the most recent analyst activity on August 09, 2024, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $11. On June 26, 2024, Citigroup initiated with a Buy rating and assigned a price target of $16 on the stock. BofA Securities downgraded its rating to a Neutral. Truist initiated its recommendation with a Buy and recommended $18 as its price target on March 14, 2024. DA Davidson started tracking with a Neutral rating for this stock on January 23, 2024, and assigned it a price target of $13. In a note dated January 17, 2024, Goldman upgraded an Buy rating on this stock but restated the target price of $19.

The stock price of CNH Industrial NV [CNH] has been fluctuating between $9.28 and $13.30 over the past year. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. CNH Industrial NV [NYSE: CNH] shares were valued at $10.95 at the most recent close of the market. An investor can expect a potential return of 34.7% based on the average CNH price forecast.

Analyzing the CNH fundamentals

The CNH Industrial NV [NYSE:CNH] reported sales of 23.09B for trailing twelve months, representing a drop of -16.44%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.26 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.6.

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 10.77 points at the first support level, and at 10.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.12, and for the 2nd resistance point, it is at 11.30.

Ratios To Look Out For

It’s worth pointing out that CNH Industrial NV [NYSE:CNH]’s Current Ratio is 6.68. Further, the Quick Ratio stands at 5.47, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 7.11.

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