There has been a significant shift in the fundamentals for CNH Industrial NV (NYSE:CNH)

CNH Industrial NV (NYSE:CNH) shares traded 2.81% higher at $12.81 on Wall Street last session.

CNH stock price is now 6.66% away from the 50-day moving average and 16.37% away from the 200-day moving average. The market capitalization of the company currently stands at $16.00B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

With the price target maintained at $16, Oppenheimer recently Upgraded its rating from Perform to Outperform for CNH Industrial NV (NYSE: CNH). On January 06, 2025, Bernstein Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $17, while ‘Morgan Stanley’ rates the stock as ‘Overweight’

A total of 35.23% of the company’s stock is owned by insiders.

During the past 12 months, CNH Industrial NV has had a low of $9.28 and a high of $13.32. As of last week, the company has a debt-to-equity ratio of 3.49, a current ratio of 514.44, and a quick ratio of 437.40. According to the stock market information, the enterprise value for the company is $40591880192, which is based on a 12.31 price-to-earnings ratio, a 12.95 price-to-earnings-growth ratio, and a beta of 1.66. The fifty day moving average price for CNH is $12.0102 and a two-hundred day moving average price translates $11.00815 for the stock.

The latest earnings results from CNH Industrial NV (NYSE: CNH) was released for 2024-12-31. The net profit margin was 6.62% and return on equity was 16.59% for CNH. The company reported revenue of $4.65 billion for the quarter, compared to $5.99 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.25 percent.

Related Posts