CNH Industrial NV (NYSE: CNHI) has seen a decline in its stock price by -1.71 in relation to its previous close of 11.68. However, the company has experienced a 0.61% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-03 that The headline numbers for CNH (CNHI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in CNH Industrial NV (NYSE: CNHI) Right Now?
CNH Industrial NV (NYSE: CNHI) has a price-to-earnings ratio of 6.70x that is above its average ratio. Additionally, the 36-month beta value for CNHI is 1.62. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
The public float for CNHI is 821.19M and currently, short sellers hold a 3.73% ratio of that float. The average trading volume of CNHI on May 06, 2024 was 11.61M shares.
CNHI’s Market Performance
CNHI stock saw a decrease of 0.61% in the past week, with a monthly decline of -10.45% and a quarterly a decrease of -6.51%. The volatility ratio for the week is 3.38%, and the volatility levels for the last 30 days are 2.86% for CNH Industrial NV (CNHI). The simple moving average for the past 20 days is -5.55% for CNHI’s stock, with a -6.13% simple moving average for the past 200 days.
Analysts’ Opinion of CNHI
Truist, on the other hand, stated in their research note that they expect to see CNHI reach a price target of $18. The rating they have provided for CNHI stocks is “Buy” according to the report published on March 14th, 2024.
DA Davidson gave a rating of “Neutral” to CNHI, setting the target price at $13 in the report published on January 23rd of the current year.
CNHI Trading at -6.29% 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 -27.06% of loss for the given period.
Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares sank -10.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.77% lower at present.
During the last 5 trading sessions, CNHI rose by +0.61%, which changed the moving average for the period of 200-days by -25.94% in comparison to the 20-day moving average, which settled at $12.09. In addition, CNH Industrial NV saw -5.75% 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:
- 0.13 for the present operating margin
- 0.32 for the gross margin
The net margin for CNH Industrial NV stands at 0.09. The total capital return value is set at 0.07. Equity return is now at value 30.00, with 5.31 for asset returns.
Based on CNH Industrial NV (CNHI), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 3.49. The interest coverage ratio of the stock is 2.2.
Currently, EBITDA for the company is 5.55 billion with net debt to EBITDA at 4.69. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 0.99for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 492.83.
Conclusion
In conclusion, CNH Industrial NV (CNHI) has seen bad performance in recent times. Analysts have a mixed 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.
