CNH Industrial NV (NYSE: CNH) Shares Are Heading Higher

In the last trading session, 14.04 million shares of the CNH Industrial NV (NYSE:CNH) were traded, and its beta was 1.55. Most recently the company’s share price was $10.50, and it changed around $0.22 or 2.14% from the last close, which brings the market valuation of the company to $13.16B. CNH currently trades at a discount to its 52-week high of $13.47, offering almost -28.29% off that amount. The share price’s 52-week low was $9.28, which indicates that the current value has risen by an impressive 11.62% since then. We note from CNH Industrial NV’s average daily trading volume that its 10-day average is 14.09 million shares, with the 3-month average coming to 8.51 million.

CNH Industrial NV stock received a consensus recommendation rating of Hold, based on a mean score of 2.23. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 11 recommended CNH as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. CNH Industrial NV is expected to report earnings per share of 0.28 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

CNH Industrial NV (NYSE:CNH) trade information

Instantly CNH has showed a green trend with a performance of 2.14% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.56 on recent trading dayincreased the stock’s daily price by 0.57%. The company’s shares are currently down -13.79% year-to-date, but still up 2.64% over the last five days. On the other hand, CNH Industrial NV (NYSE:CNH) is 6.71% up in the 30-day period. We can see from the shorts that 33.68 million shares have been sold at a short interest cover period of 4.46 day(s).

The consensus price target as assigned by Wall Street analysts is $14.5, which translates to bulls needing to increase their stock price by 27.59% from its current value. Analyst projections state that CNH is forecast to be at a low of $11 and a high of $19.

CNH Industrial NV (CNH) estimates and forecasts

CNH Industrial NV share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -15.05 percent over the past six months and at a -20.59% annual growth rate that is well above the industry average of -23.00%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -33.30% in revenue this quarter, and will report a decrease of -14.30% in the next quarter. The year-over-year growth rate is expected to be -20.40%, down from the previous year.

Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 4.6B in revenue for the current quarter. 8 analysts expect CNH Industrial NV to make 5.36B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 5.91B and 6.79B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -22.20%. Forecasts for the next quarter put sales growth at -21.10%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.48%. CNH Industrial NV earnings are expected to increase by -22.51% in 2024, but the outlook is negative -2.29% per year for the next five years.

CNH Dividends

CNH Industrial NV’s next quarterly earnings report is expected to be released in October. The annual dividend yield of the stock is 4.48 percent and its annual dividend per share was 0.47. It is important to note, however, that the 4.48% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.93 per year.