After CNH Industrial NV (NYSE: CNH) Surges -83.75% From Highs, What Will It Look Like?

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During the last session, CNH Industrial NV (NYSE:CNH)’s traded shares were 10.14 million, with the beta value of the company hitting 1.56. At the end of the trading day, the stock’s price was $10.34, reflecting an intraday gain of 2.27% or $0.23. The 52-week high for the CNH share is $14.22, that puts it down -37.52 from that peak though still a striking 10.25% gain since the share price plummeted to a 52-week low of $9.28. The company’s market capitalization is $12.96B, and the average intraday trading volume over the past 10 days was 4.79 million shares, and the average trade volume was 7.71 million shares over the past three months.

CNH Industrial NV (CNH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.23. CNH has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.

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CNH Industrial NV (NYSE:CNH) trade information

CNH Industrial NV (CNH) registered a 2.27% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.27% in intraday trading to $10.34, hitting a weekly high. The stock’s 5-day price performance is 1.37%, and it has moved by 2.58% in 30 days. Based on these gigs, the overall price performance for the year is -25.13%. The short interest in CNH Industrial NV (NYSE:CNH) is 32.34 million shares and it means that shorts have 4.01 day(s) to cover.

The consensus price target of analysts on Wall Street is $14.5, which implies an increase of 28.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $19 respectively. As a result, CNH is trading at a discount of -83.75% off the target high and -6.38% off the low.

CNH Industrial NV (CNH) estimates and forecasts

Statistics show that CNH Industrial NV has outperformed its competitors in share price, compared to the industry in which it operates. CNH Industrial NV (CNH) shares have gone down -14.26% during the last six months, with a year-to-date growth rate more than the industry average at -20.59% against -23.80.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 17.48%. While earnings are projected to return -21.33% in 2024, the next five years will return -2.29% per annum.

CNH Dividends

CNH Industrial NV is due to release its next quarterly earnings on 2024-Jul-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for CNH Industrial NV is 0.47, with the dividend yield indicating at 4.55 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.93%.

Also, the Mutual Funds coming in first place with the largest holdings of CNH Industrial NV (CNH) shares are Oakmark International Fund and Artisan International Value Fund . Data provided on Jun 30, 2024 indicates that Oakmark International Fund owns about 58.02 shares. This amounts to just over 4.63 percent of the company’s overall shares, with a $599.92 million market value. The same data shows that the other fund manager holds slightly less at 24.62, or about 1.96% of the stock, which is worth about $254.57 million.