CNH Industrial N.V. (CNHI): What the Financials Tell Us

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CNH Industrial N.V. (NYSE:CNHI) saw an upside of 0.47% to close Tuesday at $17.20 after adding $0.08 on the day. The 5-day average trading volume is 3,500,320 shares of the company’s common stock. It has gained $17.41 in the past week and touched a new high 1 time within the past 5 days. An average of 3,225,355 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,805,570.

CNHI’s 1-month performance is 6.11% or $1.05 on its low of $15.95 reached on 12/28/22. The company’s shares have touched a 52-week low of $10.60 and high of $17.51, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, CNHI has achieved 7.10% or $1.14 and has reached a new high 5 times. However, the current price is down -1.77% from the 52-week high price.


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Valuation Metrics

CNHI stock has a beta of 1.66. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.90 while the price-to-book (PB) in the most recent quarter is 3.65, with the price to cash flow ratio at 79.99.

As well, the company’s long term debt to equity for the quarter ending September 29 was 3.29, while the total debt to equity was 3.29.. In terms of profitability, the gross margin trailing 12 months is 26.30%. The firm’s gross profit as reported stood at $7.48 billion against revenue of $33.43 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 100.0% to $556.0 million, while revenue of $1.72 billion was -209.89% off the previous quarter. Analysts expected CNHI to announce $0.32 per share in earnings in its latest quarter, but it posted $0.41, representing a 28.10% surprise. EBITDA for the quarter stood at more than $1.2 billion. CNHI stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 29.49 billion, with total debt at $21.33 billion. Shareholders hold equity totaling $1.34 billion.

Let’s look briefly at CNH Industrial N.V. (CNHI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 63.26% to suggest the stock is trending Neutral, with historical volatility in this time period at 22.35%.

The stock’s 5-day moving average is $17.03, reflecting a +0.82% or $0.14 change from its current price. CNHI is currently trading +7.84% above its 20-day SMA, +39.50% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +20.11% and SMA200 by+18.13%.

Stochastic %K and %D was 73.45% and 67.06% and the average true range (ATR) pointed at 0.33. The RSI (14) points at 63.25%, while the 14-day stochastic is at 78.55% with the period’s ATR at 0.34. The stock’s 9-day MACD Oscillator is pointing at 0.02 and 0.22 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for CNH Industrial N.V. (NYSE: CNHI), JP Morgan downgraded it to a Neutral rating. They previously had an Overweight rating on the stock. Analysts offering their rating for CNHI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CNHI as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 10 have offered a “buy” rating.

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