With 18.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 12.12 million shares. During the session, the Farm & Heavy Construction Machinery company that operates in wider Industrials sector, reached to the highest price of $13.205 whereas the lowest price it dropped to was $12.82. The 52-week range on CNH shows that it touched its highest point at $13.32 and its lowest point at $9.28 during that stretch. It currently has a 1-year price target of $14.06. With its current market cap of 16.09 billion, CNH has annualized dividend of $0.47 while the current yield stands at 3.65%. CNH paid its most recent dividend on 1715299200, while the ex-dividend date for that was 1715299200. Beta for the stock currently stands at 1.59.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CNH was down-trending over the past week, with a drop of -0.62%, but this was up by 14.90% over a month. Three-month performance surged to 13.98% while six-month performance rose 20.94%. The stock gained 6.71% in the past year, while it has gained 13.68% so far this year. A look at the trailing 12-month EPS for CNH yields 1.36 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.19. This implies an EPS growth rate of -35.70% for this year and -24.76% for next year. EPS is expected to decline by -14.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.48%.
Float and Shares Shorts:
At present, 1.25 billion CNH shares are outstanding with a float of 809.13 million shares on hand for trading. On 2025-01-15, short shares totaled 43.21 million, which was 346.0 higher than short shares on 1734048000. In addition to Ms. Suzanne Elizabeth Heywood as the firm’s Executive Chairperson, Mr. Oddone Incisa Della Rocchetta serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.70661 of CNH’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CNH reported revenue of $4654000000.0 and operating income of $877000000.0. The EBITDA in the recently reported quarter was $905000000.0 and diluted EPS was $0.24.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CNH since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CNH analysts setting a high price target of 18.0 and a low target of 10.0, the average target price over the next 12 months is 14.19474. Based on these targets, CNH could surge 39.75% to reach the target high and fall by -22.36% to reach the target low. Reaching the average price target will result in a growth of 10.21% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.12325 being high and $1.05304 being low. For CNH, this leads to a yearly average estimate of $1.09316.
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