CNH Industrial N.V. (CNHI) Price Target: Is It Set To Rise Or Fall In Price?

RTX Stock
RTX Stock

CNH Industrial N.V. (NYSE:CNHI) finished Thursday with a subtraction of -$0.48 to close at $11.05, a downside of -4.20 percent. An average of 2,658,031 shares of common stock have been traded in the last five days. There was a fall of -$0.80 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 3,195,738 shares traded, while the 50-day average volume stands at 3,160,371.

CNHI stock has decreased by -8.13% in the last month. The company shares reached their 1-month lowest point of $11.01 on 09/23/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $10.60 and a high of $17.21 in 52 weeks. It has reached a new high 1 time so far this year and lost -32.09% or -$8.40 in price. In spite of this, the price is down -35.80% from the 52-week high.

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Valuation Metrics

CNH Industrial N.V. (CNHI) has a trailing price-to-earnings (P/E) ratio of 10.41. The stock’s beta is 1.69. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.59, the price-to-book (PB) ratio at 2.70, and the price-to-cash flow ratio at 33.94.

The company has a payout ratio of 28.60%. The company’s most recent quarterly dividend payment was $0.3072 a share, representing a up of 134.5% from $0.1310 last year. Its latest increase dividend $0.1762 reported on Wednesday March 9 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 3.60 and a total debt to equity ratio of 3.60 for the quarter ending June 29. Its gross profit as reported stood at $7.48 billion compared to revenue of $33.43 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, CNH Industrial N.V.’s return on assets was 3.60%.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.72 billion in the quarter, while revenues were grew 128.61%. The analyst consensus anticipated CNH Industrial N.V.’s latest quarter earnings to come in at $0.37 per share, but it turned out to be $0.44, a 18.90% surprise. For the quarter, EBITDA amounted to $900.0 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at CNH Industrial N.V. (CNHI) price momentum. RSI 9-day as of the close on 22 September was 29.14%, suggesting the stock is oversold, with historical volatility in this time frame at 35.06%.

As of today, CNHI’s price is $11.72 -6.72% or -$0.80 from its 5-day moving average. CNHI is currently trading -15.25% lower than its 20-day SMA and -23.53% lower than its 100-day SMA. However, the stock’s current price level is +2.46% above the SMA50 and -38.52% below the SMA200.

The stochastic %K and %D were 11.47% and 22.66%, respectively, and the average true range (ATR) was 0.43. With the 14-day stochastic at 1.36% and the average true range at 0.42, the RSI (14) stands at 34.94%. The stock has reached -0.44 on the 9-day MACD Oscillator while the 14-day reading was at -0.59.

Analyst Ratings

The consensus rating for CNH Industrial N.V. (CNHI) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CNHI, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 11 others rate it as a “buy”.

What is CNHI’s price target for the next 12 months?

Analysts predict a range of price targets between $14.04 and $18.36, with a median target of $15.70. Taking a look at these predictions, the average price target given by analysts for CNH Industrial N.V. (CNHI) stock is $15.96.


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