With 14.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.38 million shares. The 52-week range on CNH shows that it touched its highest point at $13.51 and its lowest point at $9.28 during that stretch. It currently has a 1-year price target of $14.63. With its current market cap of 14.98 billion, CNH has annualized dividend of $0.47 while the current yield stands at 3.92%. Beta for the stock currently stands at 1.48.
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 -5.73%, but this was down by -4.46% over a month. Three-month performance dropped to -4.46% while six-month performance rose 16.05%. The stock lost -0.50% in the past year, while it has gained 5.91% so far this year. A look at the trailing 12-month EPS for CNH yields 1.04 with Next year EPS estimates of 0.94. For the next quarter, that number is 0.11. This implies an EPS growth rate of -32.24% for this year and 32.71% for next year. EPS is expected to grow by 2.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.20%.
Float and Shares Shorts:
At present, 1.25 billion CNH shares are outstanding with a float of 808.53 million shares on hand for trading.
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.
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 $1.1121 being high and $1.04259 being low. For CNH, this leads to a yearly average estimate of $1.08231.
Summary of Insider Activity:
Insiders traded CNH stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
