Stocks of CNH Industrial NV (NYSE:CNH) traded higher last session on Wall Street, up 1.81% to $12.40.
CNH stock price is now 3.22% away from the 50-day moving average and 12.89% away from the 200-day moving average. The market capitalization of the company currently stands at $15.49B.
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 35.22% 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 $42030227456, which is based on a 11.91 price-to-earnings ratio, a 18.61 price-to-earnings-growth ratio, and a beta of 1.66. The fifty day moving average price for CNH is $12.0126 and a two-hundred day moving average price translates $10.98375 for the stock.
The latest earnings results from CNH Industrial NV (NYSE: CNH) was released for 2024-09-30. 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. For the current quarter, analysts expect CNH to generate $3.74B in revenue.
