CNH Industrial N.V. (NYSE:CNHI) finished Thursday with a subtraction of -$0.2 to close at $12.86, a downside of -1.53 percent. An average of 3,376,020 shares of common stock have been traded in the last five days. There was a fall of -$0.27 in the past week, and it reached a new high 21 times over the past 12 months. The last 20 days have seen an average of 4,906,815 shares traded, while the 50-day average volume stands at 6,591,286.
CNHI stock has decreased by -17.09% in the last month. The company shares reached their 1-month lowest point of $12.84 on 08/24/23. With the stock rallying to its 52-week high on 02/01/23, shares of the company touched a low of $10.89 and a high of $17.98 in 52 weeks. It has reached a new high 9 times so far this year and lost -19.93% or -$3.20 in price. In spite of this, the price is down -28.48% from the 52-week high.
Valuation Metrics
CNH Industrial N.V. (CNHI) has a trailing price-to-earnings (P/E) ratio of 7.49. The stock’s beta is 1.64. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.72, the price-to-book (PB) ratio at 2.29.
The company has a payout ratio of 22.10%. The company’s most recent quarterly dividend payment was $0.3861 a share, representing a up of 25.68% from $0.3072 last year. Its latest increase dividend $0.0789 reported on Saturday April 22 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 3.32 and a total debt to equity ratio of 3.32 for the quarter ending June 29. CNH Industrial N.V.’s EBITDA margin for the year ending June 29 is 20.77%, while its operating margin for the same period stands at 18.60%. Its gross profit as reported stood at $6.75 billion compared to revenue of $23.55 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 5.90%.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $706.0 million in the quarter, while revenues were shrunk -144.05%. The analyst consensus anticipated CNH Industrial N.V.’s latest quarter earnings to come in at $0.48 per share, but it turned out to be $0.52, a 8.30% surprise. For the quarter, EBITDA amounted to $1.49 billion. Shareholders own equity worth $1.33 billion.
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 24 August was 23.50%, suggesting the stock is oversold, with historical volatility in this time frame at 19.68%.
As of today, CNHI’s price is $13.00 -2.06% or -$0.27 from its 5-day moving average. CNHI is currently trading -15.84% lower than its 20-day SMA and -15.78% lower than its 100-day SMA. However, the stock’s current price level is -9.69% below the SMA50 and -3.31% below the SMA200.
The stochastic %K and %D were 5.66% and 7.80%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 1.83% and the average true range at 0.29, the RSI (14) stands at 28.32%. The stock has reached -0.20 on the 9-day MACD Oscillator while the 14-day reading was at -0.49.
Analyst Ratings
Berenberg launched coverage on CNH Industrial N.V. (NYSE: CNHI) in its analyst report released on January 27, 2023. The firm assigned the stock a Buy rating. 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 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 10 others rate it as a “buy”.
