In the latest trading session, 2.91 million CNH Industrial NV (NYSE:CNH) shares changed hands as the company’s beta touched 1.66. With the company’s most recent per share price at $12.69 changed hands at -$0.04 or -0.35% at last look, the market valuation stands at $15.84B. CNH’s current price is a discount, trading about -4.96% off its 52-week high of $13.32. The share price had its 52-week low at $9.28, which suggests the last value was 26.87% up since then. When we look at CNH Industrial NV’s average trading volume, we note the 10-day average is 17.49 million shares, with the 3-month average coming to 12.63 million.
Analysts gave the CNH Industrial NV (CNH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.14. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CNH as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. CNH Industrial NV’s EPS for the current quarter is expected to be 0.14.
CNH Industrial NV (NYSE:CNH) trade information
Instantly CNH was in red as seen in intraday trades today. With action -3.09%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 11.96%, with the 5-day performance at -3.09% in the red. However, in the 30-day time frame, CNH Industrial NV (NYSE:CNH) is 13.26% up. Looking at the short shares, we see there were 43.21 million shares sold at short interest cover period of 5.34 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12.5, meaning bulls need a downside of -1.52% from its recent market value. According to analyst projections, CNH’s forecast low is 11 with 17 as the target high. To hit the forecast high, the stock’s price needs a -33.96% plunge from its current level, while the stock would need to tank 13.32% for it to hit the projected low.
CNH Industrial NV (CNH) estimates and forecasts
Data shows that the CNH Industrial NV share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 30.10% over the past 6 months, a -14.29% in annual growth rate that is considerably higher than the industry average of -18.90%. Year-over-year growth is forecast to reach -12.25% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 3.74B. 6 analysts are of the opinion that CNH Industrial NV’s revenue for the current quarter will be 4.55B. The company’s revenue for the corresponding quarters a year ago was 4.82B and 5.49B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -22.46%. The estimates for the next quarter sales put growth at -17.04%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.17%. The 2025 estimates are for CNH Industrial NV earnings to decrease by -25.44%, but the outlook for the next 5-year period is at 3.18% per year.
CNH Dividends
CNH Industrial NV is expected to release its next quarterly earnings report in March. The 3.71% annual yield figure for the share gives it an annual dividend of 0.47. It is important to note, however, that the 3.71% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.93 per year.
CNH Industrial NV (NYSE:CNH)’s Major holders
Among Mutual Funds, the top two as of Sep 30, 2024 were Oakmark International Fund and iShares Core S&P Midcap ETF. With 59.67 shares estimated at $765.02 million under it, the former controlled 4.78% of total outstanding shares. On the other hand, iShares Core S&P Midcap ETF held about 2.26% of the shares, roughly 28.19 shares worth around $361.35 million.
