CNH Industrial N.V. [CNHI] stock Resumed by Morgan Stanley analyst, price target now $24

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CNH Industrial N.V. [NYSE: CNHI] loss -13.84% on the last trading session, reaching $16.74 price per share at the time. The company report on January 3, 2022 that CNH Industrial’s first official day of trading as a pure player in the agriculture and construction equipment industries.

London, January 3, 2022.


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CNH Industrial (NYSE: CNHI / MI: CNHI) officially commences 2022 trading on the New York Stock Exchange (NYSE) in the United States and Borsa Italiana’s Euronext Milan in Italy as a fully focused agriculture and construction player. As the parent company to globally respected agriculture and construction brands and the innovations and services that drive them, CNH Industrial is committed to delivering value to its shareholders and stakeholders.

CNH Industrial N.V. represents 1.35 billion in outstanding shares, while the company has a total market value of $22.13 billion with the latest information. CNHI stock price has been found in the range of $16.42 to $17.13.

If compared to the average trading volume of 3.70M shares, CNHI reached a trading volume of 7133197 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $21.24 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 2.40. 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.

Morgan Stanley have made an estimate for CNH Industrial N.V. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 27, 2021. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on December 07, 2021, representing the official price target for CNH Industrial N.V. stock. Previously, the target price had yet another raise from $17 to $20, while JP Morgan kept a Overweight rating on CNHI stock.

The Average True Range (ATR) for CNH Industrial N.V. is set at 0.69, with the Price to Sales ratio for CNHI stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 3.64, with the Price to Cash per share for the same quarter was set at 5.41. Price to Free Cash Flow for CNHI in the course of the last twelve months was 5.75.

Trading performance analysis for CNHI stock

CNH Industrial N.V. [CNHI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.72. With this latest performance, CNHI shares dropped by -1.88% in over the last four-week period, additionally plugging by 2.76% over the last 6 months – not to mention a rise of 34.03% 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 38.97, with the RSI for the last a single of trading hit 33.11, and the three-weeks RSI is set at 42.45 for CNH Industrial N.V. [CNHI]. The present Moving Average for the last 50 days of trading for this stock 17.87, while it was recorded at 18.83 for the last single week of trading, and 16.78 for the last 200 days.

CNH Industrial N.V. [CNHI]: A deeper dive into fundamental analysis

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.

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An analysis of insider ownership at CNH Industrial N.V. [CNHI]

There are presently around $9,946 million, or 43.17% 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 121,054,120, which is approximately -10.034% of the company’s market cap and around 27.13% of the total institutional ownership; AMUNDI ASSET MANAGEMENT US, INC., holding 35,086,625 shares of the stock with an approximate value of $681.73 million in CNHI stocks shares; and AMUNDI, currently with $658.16 million in CNHI stock with ownership of nearly 5.653% of the company’s market capitalization.

Positions in CNH Industrial N.V. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 114 institutional holders increased their position in CNH Industrial N.V. [NYSE:CNHI] by around 51,641,209 shares. Additionally, 113 investors decreased positions by around 49,974,447 shares, while 42 investors held positions by with 410,250,144 shares. The mentioned changes placed institutional holdings at 511,865,800 shares, according to the latest SEC report filing. CNHI stock had 28 new institutional investments in for a total of 24,480,153 shares, while 28 institutional investors sold positions of 4,372,519 shares during the same period.