why CNH Industrial N.V. [CNHI] is a Good Choice for Investors After New Price Target of $17.20

CNH Industrial N.V. [NYSE: CNHI] traded at a high on 04/08/21, posting a 0.64 gain after which it closed the day’ session at $15.83. The company report on March 26, 2021 that CNH Industrial acquires a minority stake in Bennamann.

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London, March 26, 2021.

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CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced that it has completed the acquisition of a minority stake in Bennamann Ltd., a UK based, fast growing agricultural technology company in the field of clean energy. This acquisition will see CNH Industrial become Bennamann’s exclusive strategic agricultural technology partner.

The results of the trading session contributed to over 2947098 shares changing hands. Over the past one week, the price volatility of CNH Industrial N.V. stands at 1.45% while the volatility over the past one month is 1.98%.

The market cap for CNHI stock reached $21.24 billion, with 1.35 billion shares outstanding and 992.25 million shares in the current float. Compared to the average trading volume of 2.51M shares, CNHI reached a trading volume of 2947098 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about CNH Industrial N.V. [CNHI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNHI shares is $17.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNHI stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for CNH Industrial N.V. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 18, 2021. The new note on the price target was released on February 04, 2021, representing the official price target for CNH Industrial N.V. stock.

The Average True Range (ATR) for CNH Industrial N.V. is set at 0.36, with the Price to Sales ratio for CNHI stock in the period of the last 12 months amounting to 0.82. The Price to Book ratio for the last quarter was 4.36, with the Price to Cash per share for the same quarter was set at 6.55. Price to Free Cash Flow for CNHI in the course of the last twelve months was 4.22.

How has CNHI stock performed recently?

CNH Industrial N.V. [CNHI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.21. With this latest performance, CNHI shares gained by 1.80% in over the last four-week period, additionally plugging by 98.12% over the last 6 months – not to mention a rise of 151.67% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNHI stock in for the last two-week period is set at 57.61, with the RSI for the last a single of trading hit 57.19, and the three-weeks RSI is set at 58.46 for CNH Industrial N.V. [CNHI]. The present Moving Average for the last 50 days of trading for this stock 14.93, while it was recorded at 15.83 for the last single week of trading, and 10.65 for the last 200 days.

CNH Industrial N.V. [CNHI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and CNH Industrial N.V. [CNHI] shares currently have an operating margin of +6.67 and a Gross Margin at +17.51. CNH Industrial N.V.’s Net Margin is presently recorded at -1.89.

Return on Total Capital for CNHI is now 5.52, given the latest momentum, and Return on Invested Capital for the company is -2.43. Return on Equity for this stock declined to -8.97, with Return on Assets sitting at -1.03. When it comes to the capital structure of this company, CNH Industrial N.V. [CNHI] has a Total Debt to Total Equity ratio set at 540.17. Additionally, CNHI Total Debt to Total Capital is recorded at 84.38, with Total Debt to Total Assets ending up at 54.41. Long-Term Debt to Equity for the company is recorded at 302.24, with the Long-Term Debt to Total Capital now at 47.21.

Reflecting on the efficiency of the workforce at the company, CNH Industrial N.V. [CNHI] managed to generate an average of -$7,701 per employee. Receivables Turnover for the company is 1.34 with a Total Asset Turnover recorded at a value of 0.54.

Earnings analysis for CNH Industrial N.V. [CNHI]

With the latest financial reports released by the company, CNH Industrial N.V. posted -0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.07/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -185.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNHI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CNH Industrial N.V. go to 58.39%.

Insider trade positions for CNH Industrial N.V. [CNHI]

There are presently around $8,343 million, or 55.65% of CNHI stock, in the hands of institutional investors. The top three institutional holders of CNHI stocks are: HARRIS ASSOCIATES L P with ownership of 200,377,287, which is approximately New of the company’s market cap and around 27.13% of the total institutional ownership; HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, holding 45,362,314 shares of the stock with an approximate value of $718.09 million in CNHI stocks shares; and AMUNDI PIONEER ASSET MANAGEMENT INC, currently with $584.13 million in CNHI stock with ownership of nearly 20.115% of the company’s market capitalization.

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Positions in CNH Industrial N.V. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 101 institutional holders increased their position in CNH Industrial N.V. [NYSE:CNHI] by around 255,739,229 shares. Additionally, 71 investors decreased positions by around 24,033,267 shares, while 26 investors held positions by with 247,264,613 shares. The mentioned changes placed institutional holdings at 527,037,109 shares, according to the latest SEC report filing. CNHI stock had 38 new institutional investments in for a total of 206,326,348 shares, while 20 institutional investors sold positions of 2,714,683 shares during the same period.

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