The stock of CNH Industrial NV (NYSE: CNHI) has increased by 3.19 when compared to last closing price of 10.02. Despite this, the company has experienced a 3.82% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-10 that CNH Industrial (CNHI) now expects full-year sales from industrial activities to increase in the band of 3-6% year over year, down from a prior estimate of 8-11%.
Is It Worth Investing in CNH Industrial NV (NYSE: CNHI) Right Now?
CNH Industrial NV (NYSE: CNHI) has a price-to-earnings ratio of 5.97x that is above its average ratio. Additionally, the 36-month beta value for CNHI is 1.58. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for CNHI is $16.31, which is $5.97 above the current price. The public float for CNHI is 927.24M and currently, short sellers hold a 1.63% ratio of that float. The average trading volume of CNHI on November 20, 2023 was 7.50M shares.
CNHI’s Market Performance
CNHI’s stock has seen a 3.82% increase for the week, with a -9.46% drop in the past month and a -21.13% fall in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 2.32% for CNH Industrial NV The simple moving average for the last 20 days is -3.54% for CNHI stock, with a simple moving average of -25.29% for the last 200 days.
CNHI Trading at -11.61% from the 50-Day Moving Average
After a stumble in the market that brought CNHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.49% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares sank -7.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.52% lower at present.
During the last 5 trading sessions, CNHI rose by +3.82%, which changed the moving average for the period of 200-days by -36.64% in comparison to the 20-day moving average, which settled at $10.68. In addition, CNH Industrial NV saw -35.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CNHI
Current profitability levels for the company are sitting at:
- +18.50 for the present operating margin
- +29.61 for the gross margin
The net margin for CNH Industrial NV stands at +8.61. The total capital return value is set at 14.24, while invested capital returns managed to touch 9.88. Equity return is now at value 32.57, with 5.95 for asset returns.
Based on CNH Industrial NV (CNHI), the company’s capital structure generated 334.78 points at debt to equity in total, while total debt to capital is 77.00. Total debt to assets is 58.89, with long-term debt to equity ratio resting at 193.20. Finally, the long-term debt to capital ratio is 44.44.
When we switch over and look at the enterprise to sales, we see a ratio of 1.28, with the company’s debt to enterprise value settled at 0.58. The receivables turnover for the company is 1.22 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.93.
In conclusion, CNH Industrial NV (CNHI) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.