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Why Acquire Shares Of CNH Industrial N.V. (CNHI)?

CNH Industrial N.V. (NYSE:CNHI) has a beta value of 1.69 and has seen 0.93 million shares traded in the recent trading session. The company, currently valued at $16.97B, closed the recent trade at $12.07 per share which meant it gained $0.13 on the day or 1.10% during that session. The CNHI stock price is -42.58% off its 52-week high price of $17.21 and 12.18% above the 52-week low of $10.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.28 million shares traded. The 3-month trading volume is 3.59 million shares.

CNH Industrial N.V. (NYSE:CNHI) trade information

Sporting 1.10% in the green today, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 09/20/22 when the CNHI stock price touched $12.07 or saw a rise of 3.29%. Year-to-date, CNH Industrial N.V. shares have moved -29.68%, while the 5-day performance has seen it change -2.69%. Over the past 30 days, the shares of CNH Industrial N.V. (NYSE:CNHI) have changed -4.78%. Short interest in the company has seen 12.6 million shares shorted with days to cover at 2.82.

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Wall Street analysts have a consensus price target for the stock at $15.96, which means that the shares’ value could jump 24.37% from the levels at last check today. The projected low price target is $14.04 while the price target rests at a high of $18.36. In that case, then, we find that the latest price level in today’s session is -52.11% off the targeted high while a plunge would see the stock gain -16.32% from the levels at last check today.

CNH Industrial N.V. (CNHI) estimates and forecasts

Figures show that CNH Industrial N.V. shares have underperformed across the wider relevant industry. The company’s shares have lost -26.25% over the past 6 months, with this year growth rate of 1.48%, compared to 2.90% for the industry. Revenue growth from the last financial year stood is estimated to be -35.00%.

4 analysts offering their estimates for the company have set an average revenue estimate of $5.27 billion for the current quarter. 3 have an estimated revenue figure of $4.9 billion for the next quarter concluding in Sep 2022. Year-ago sales stood $6.5 billion and $7.01 billion respectively for this quarter and the next, and analysts expect sales will shrink by -19.00% for the current quarter and -30.10% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 53.70% over the past 5 years. Earnings growth for 2022 is a modest 448.70% while over the next 5 years, the company’s earnings are expected to increase by 9.00%.

CNHI Dividends

CNH Industrial N.V. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 2.53%. The company’s dividend yield has gone up over the past 12 months.

CNH Industrial N.V. (NYSE:CNHI)’s Major holders

Insiders own 27.13% of the company shares, while shares held by institutions stand at 50.84% with a share float percentage of 69.76%. Investors are also buoyed by the number of investors in a company, with CNH Industrial N.V. having a total of 673 institutions that hold shares in the company. The top two institutional holders are Harris Associates L.P. with over 92.32 million shares worth more than $1.46 billion. As of Mar 30, 2022, Harris Associates L.P. held 6.81% of shares outstanding.

The other major institutional holder is Amundi, with the holding of over 40.92 million shares as of Mar 30, 2022. The firm’s total holdings are worth over $648.98 million and represent 3.02% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Oakmark International Fund and Artisan International Value Fund. As of Mar 30, 2022, the former fund manager holds about 2.43% shares in the company for having 32.89 million shares of worth $521.66 million while later fund manager owns 18.88 million shares of worth $299.41 million as of Mar 30, 2022, which makes it owner of about 1.39% of company’s outstanding stock.

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