CNH Industrial NV (NYSE: CNH) Is Getting Increasingly Hard To Ignore

Currently, there are 1.29B common shares owned by the public and among those 814.37M shares have been available to trade.

The company’s stock has a 5-day price change of 0.18% and 11.13% over the past three months. CNH shares are trading -9.85% year to date (YTD), with the 12-month market performance down to -2.05% lower. It has a 12-month low price of $9.28 and touched a high of $13.30 over the same period. CNH has an average intraday trading volume of 10.97 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.97%, 3.82%, and -1.62% respectively.

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Institutional ownership of CNH Industrial NV (NYSE: CNH) shares accounts for 64.93% of the company’s 1.29B shares outstanding.

It has a market capitalization of $13.77B and a beta (3y monthly) value of 1.55. The stock’s trailing 12-month PE ratio is 7.13, while the earnings-per-share (ttm) stands at $1.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.97% over the week and 2.04% over the month.

Analysts forecast that CNH Industrial NV (CNH) will achieve an EPS of 0.27 for the current quarter, 0.34 for the next quarter and 1.27 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.23 while analysts give the company a high EPS estimate of 0.23. Comparatively, EPS for the current quarter was 0.42 a year ago. Earnings per share for the fiscal year are expected to decrease by -22.93%, and -3.82% over the next financial year. EPS should shrink at an annualized rate of -5.16% over the next five years, compared to 17.48% over the past 5-year period.

Looking at the support for the CNH, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on September 24, 2024, with the firm’s price target at $14. BMO Capital Markets coverage for the CNH Industrial NV (CNH) stock in a research note released on August 09, 2024 offered a Market Perform rating with a price target of $11. Raymond James was of a view on June 28, 2024 that the stock is Mkt Perform, while Citigroup gave the stock Buy rating on June 26, 2024, issuing a price target of $16. BofA Securities on their part issued Neutral rating on April 22, 2024.

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