Do futuristic bulls still own CNH Industrial NV [CNHI] stock?

The stock of CNH Industrial NV (NYSE:CNHI) last traded at $10.33, down -0.10% from the previous session.

As we calculate the median target price by taking the range between a high of $31.00 and a low of $11.50, we find $15.90. Given the previous closing price of $10.34, this indicates a potential upside of 53.77 percent. CNHI stock price is now -11.21% away from the 50-day moving average and -25.20% away from the 200-day moving average. The market capitalization of the company currently stands at $13.74B.

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Brokers who have rated the stock have averaged $16.31 as their price target over the next twelve months.

Insiders disposed of 448,262 shares of company stock worth roughly $4.63 million over the past 1 year. A total of 30.31% of the company’s stock is owned by insiders.

With an opening price of $10.41 on Monday morning, CNH Industrial NV (NYSE: CNHI) set off the trading day. During the past 12 months, CNH Industrial NV has had a low of $9.77 and a high of $17.98. As of last week, the company has a debt-to-equity ratio of 3.10, a current ratio of 428.96, and a quick ratio of 344.13. According to the stock market information, the enterprise value for the company is $35.95B, which is based on a 5.97 price-to-earnings ratio, a 0.81 price-to-earnings-growth ratio, and a beta of 1.58. The fifty day moving average price for CNHI is $11.63 and a two-hundred day moving average price translates $13.81 for the stock.

The latest earnings results from CNH Industrial NV (NYSE: CNHI) was released for Sep, 2023. According to the Farm & Heavy Construction Machinery Company, earnings per share came in at $0.42, missing analysts’ expectations of $0.43 by -0.01. This compares to $0.41 EPS in the same period last year. The net profit margin was 9.45% and return on equity was 32.57% for CNHI. The company reported revenue of $5.99 billion for the quarter, compared to $5.88 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.79 percent. For the current quarter, analysts expect CNHI to generate $6.58B in revenue.

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