The price of CNH Industrial NV (NYSE:CNH) shares last traded on Wall Street rose 0.27% to $11.02.
CNH stock price is now -9.33% away from the 50-day moving average and -8.24% away from the 200-day moving average. The market capitalization of the company currently stands at $13.86B.
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On March 14, 2024, Truist recently initiated its ‘Buy’ rating on the stock quoting a target price of $18, while ‘DA Davidson’ rates the stock as ‘Neutral’
A total of 34.98% of the company’s stock is owned by insiders.
During the past 12 months, CNH Industrial NV has had a low of $9.77 and a high of $15.74. As of last week, the company has a debt-to-equity ratio of 3.56, a current ratio of 6.30, and a quick ratio of 5.17. According to the stock market information, the enterprise value for the company is $39476449280, which is based on a 6.42 price-to-earnings ratio, a 0.87 price-to-earnings-growth ratio, and a beta of 1.59. The fifty day moving average price for CNH is $12.134 and a two-hundred day moving average price translates $11.99485 for the stock.
The latest earnings results from CNH Industrial NV (NYSE: CNH) was released for 2024-03-31. According to the Farm & Heavy Construction Machinery Company, earnings per share came in at 0.52, beating analysts’ expectations of 0.48 by 0.04. This compares to $1.47 EPS in the same period last year. The net profit margin was 9.47% and return on equity was 30.10% for CNH. The company reported revenue of $5.73 billion for the quarter, compared to $5.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.54 percent. For the current quarter, analysts expect CNH to generate $5.29B in revenue.
