The stock of CNH Industrial N.V. (NYSE:CNHI) decreased by -$0.13 on Monday to finish at $13.74, down -0.94 percent. The last five days have seen an average of 4,256,500 shares of common stock traded. 9 times new highs were reached in the current year, with a fall of -$2.32. The average number of shares traded over the last 20 days was 5,329,375, while the average volume over the last 50 days totaled 7,041,438.
CNHI stock dropped -8.16% since last month. On 08/14/23, the company’s shares reached a one-month low of $13.59. The stock touched a high of $17.98 on 02/01/23, after rallying from a low of $10.89 in 52 weeks. The price of CNHI stock has declined by -14.45% or -$2.32 this year, reaching a new high 9 times. Still, the stock price is down -23.58% from the 52-week high.
Valuation Metrics
CNH Industrial N.V. (CNHI) has a trailing price-to-earnings (P/E) ratio of 8.00. Beta for the stock is 1.63. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.76, the price-to-book (PB) ratio of 2.45.
Company paid $0.3861 per share in dividends, an increase of 25.68% from $0.3072 last year. A $0.0789 dividend increase was reported on Saturday April 22 2023.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 3.32, and the total debt to equity ratio is 3.32. As far as profitability goes, gross margin for the trailing twelve months is 30.40% percent. CNH Industrial N.V.’s EBITDA margin for the year ended June 29 was 20.77%, whereas its operating margin stood at 18.60% for the same period. Based on annual data, it had gross profit of $6.75 billion and revenue of $23.55 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CNHI’s return on assets (ROA) during the last 12 months has been 5.90%. There was a 11.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 33.20%.
Earnings Surprise
According to CNH Industrial N.V.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $6.57 billion, while revenues fell by -409.03% to $5.34 billion. It was predicted that CNH Industrial N.V.’s quarterly earnings would be $0.52, but it ended up being $0.48, beating the consensus by 8.30%. EBITDA was $1.49 billion for the quarter. At the end of CNH Industrial N.V.’s most recent quarter ended June 29, its liabilities totaled 35.11 billion, while its total debt was $25.17 billion. Equity owned by shareholders amounts to $1.33 billion.
Technical Picture
Here’s a quick look at CNH Industrial N.V.’s (CNHI) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 27.46%, suggesting the stock is oversold, with a 12.62% historical volatility rate.
The stochastic %K and %D were 8.12% and 10.04% respectively, while the average true range (ATR) was 0.30. Based on the 14-day stochastic reading of 7.25%, the RSI (14) reading is 35.07%. On the 9-day MACD Oscillator, the stock is at -0.14, and the 14-day reading is at -0.43.
Analyst Ratings
In its analyst report released on January 27, 2023, Berenberg began covering CNH Industrial N.V. (NYSE: CNHI). The stock was rated as a Buy by the brokerage firm. Analysts have assigned CNH Industrial N.V. (CNHI) an Overweight rating. CNHI is a stock that is recommended for selling by 0 brokerage firms, while 9 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 3 rates it overweight and 10 others recommend it as a buy.
What is CNHI’s price target for the next 12 months?
The current consensus forecast for the stock is between $15.50 and $31.00, with a median target price of $18.00. In analyzing these forecasts, the average price target given by analysts for CNH Industrial N.V. (CNHI) is $19.10.
