CNH Industrial NV (CNH) shares projected to rise by 20.16%

CNH Industrial NV [CNH] stock is trading at $12.15, up 1.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CNH shares have gain 11.47% over the last week, with a monthly amount glided 8.68%, 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 November 11, 2024, when Northland Capital downgraded its rating to a Market Perform but kept the price target unchanged to $18 for it. Previously, Raymond James upgraded its rating to Outperform on September 24, 2024, and kept the price target unchanged to $14. On August 09, 2024, BMO Capital Markets initiated with a Market Perform rating and assigned a price target of $11 on the stock. Raymond James started tracking the stock assigning a Mkt Perform rating. Citigroup initiated its recommendation with a Buy and recommended $16 as its price target on June 26, 2024. BofA Securities downgraded its rating to Neutral for this stock on April 22, 2024. In a note dated March 14, 2024, Truist initiated an Buy rating and provided a target price of $18 on this stock.

CNH Industrial NV [CNH] stock has fluctuated between $9.28 and $13.30 over the past year. Currently, Wall Street analysts expect the stock to reach $14.6 within the next 12 months. CNH Industrial NV [NYSE: CNH] shares were valued at $12.15 at the most recent close of the market. An investor can expect a potential return of 20.16% based on the average CNH price forecast.

Analyzing the CNH fundamentals

CNH Industrial NV [NYSE:CNH] reported sales of 21.76B for the trailing twelve months, which represents a drop of -22.26%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.23 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.57.

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 11.84 points at the first support level, and at 11.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.31, and for the 2nd resistance point, it is at 12.48.

Ratios To Look Out For

For context, CNH Industrial NV’s Current Ratio is 7.47. As well, the Quick Ratio is 6.12, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 1.99 and price to earnings (TTM) ratio is 8.91.

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