CNH Industrial NV (NYSE:CNHI) price on Thursday, May 09, rose 0.32% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.69.
A look at the stock’s price movement, the level at last check in today’s session was $11.65. The PE ratio in trailing twelve months stood at 6.81. Turning to its 52-week performance, $15.74 and $9.77 were the 52-week high and 52-week low respectively. Overall, CNHI moved -10.71% over the past month.
CNH Industrial NV’s market cap currently stands at around $14.70 billion.
Analysts have a consensus estimate of 5.38B for the company’s revenue for the quarter, with a low and high estimate of 4.72B and 6.01B respectively. The average forecast suggests down to a -11.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 21.02B, representing a -14.90% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CNHI is a 100% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
The technical evaluation for the stock shows the PEG ratio is 0.92, with CNHI’s current price about -1.76% and -4.36% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.98, while 7-day volatility ratio is 3.23% and 2.91% in the 30-day chart. Further, CNH Industrial NV (CNHI) has a beta value of 1.62, and an average true range (ATR) of 0.34.
If we refocus on CNH Industrial NV (NYSE:CNHI), historical trading data shows that trading volumes averaged 11.00 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.29 billion shares.
The 34.63% of CNH Industrial NV’s shares are in the hands of company insiders while institutional holders own 63.38% of the company’s shares. Current price change has pushed the stock -4.04% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CNHI stock continues to rise going into the next quarter.