CNH Industrial N.V. (NYSE: CNHI) is 7.10% higher on its value in year-to-date trading and has touched a low of $10.60 and a high of $17.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CNHI stock was last observed hovering at around $17.12 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $19.00 for the next 12 months. It is also 18.1% off the consensus price target high of $21.00 offered by 23 analysts, but current levels are -11.76% lower than the price target low of $15.39 for the same period.
Currently trading at $17.20, the stock is 3.62% and 6.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.51 million and changing 0.47% at the moment leaves the stock 25.12% off its SMA200. CNHI registered 10.19% gain for a year compared to 6-month gain of 43.81%.
The stock witnessed a 6.11% loss in the last 1 month and extending the period to 3 months gives it a 35.65%, and is 0.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.99% over the week and 1.76% over the month.
CNH Industrial N.V. (CNHI) has around 71895 employees, a market worth around $23.12B and $25.68B in sales. Current P/E ratio is 13.43 and Fwd P/E is 10.77. Profit margin for the company is 6.80%. Distance from 52-week low is 62.26% and -1.77% from its 52-week high. The company has generated returns on investments over the last 12 months (8.60%).
CNH Industrial N.V. (CNHI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for CNH Industrial N.V. (CNHI) is a “Overweight”. 23 analysts offering their recommendations for the stock have an average rating of 2.00, where 9 rate it as a Hold and 4 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
CNH Industrial N.V. is expected to release its quarterly report on 04/28/2023.The EPS is expected to grow by 448.70% this year.
CNH Industrial N.V. (CNHI) Top Institutional Holders
The shares outstanding are 1.35B, and float is at 1.00B with Short Float at 1.30%.
CNH Industrial N.V. (CNHI) Insider Activity
A total of 15 insider transactions have happened at CNH Industrial N.V. (CNHI) in the last six months, with sales accounting for 0 and purchases happening 15 times.
CNH Industrial N.V. (CNHI): Who are the competitors?
The company’s main competitors (and peers) include Caterpillar Inc. (CAT) that is trading 20.33% up over the past 12 months and AGCO Corporation (AGCO) that is 21.65% higher over the same period. Deere & Company (DE) is 14.38% up on the 1-year trading charts.