CNH Industrial (NYSE:CNHI) Now Covered by StockNews.com

Analysts at StockNews.com assumed coverage on shares of CNH Industrial (NYSE:CNHI) in a report issued on Friday. The firm set a “sell” rating on the stock.

Several other equities research analysts have also commented on the stock. Robert W. Baird increased their price objective on shares of CNH Industrial from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Thursday, February 15th. Truist Financial decreased their price target on shares of CNH Industrial from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Monday, May 6th. Evercore ISI raised their price target on shares of CNH Industrial from $11.50 to $13.00 and gave the stock an “in-line” rating in a research note on Tuesday, February 20th. Oppenheimer restated a “market perform” rating on shares of CNH Industrial in a research note on Tuesday, April 16th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of CNH Industrial from $14.50 to $14.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $15.20.

CNH Industrial Stock Performance

The company has a quick ratio of 8.11, a current ratio of 9.88 and a debt-to-equity ratio of 3.49. The company has a market capitalization of $14.40 billion, a PE ratio of 6.70 and a beta of 1.66. The firm’s 50 day moving average price is $12.12 and its two-hundred day moving average price is $11.77. CNH Industrial has a 1 year low of $9.77 and a 1 year high of $15.74.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. The business had revenue of $4.82 billion for the quarter, compared to analysts’ expectations of $4.46 billion. CNH Industrial had a net margin of 9.48% and a return on equity of 28.38%. The business’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.35 earnings per share. As a group, research analysts predict that CNH Industrial will post 1.51 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its holdings in CNH Industrial by 124.4% during the third quarter. Janney Montgomery Scott LLC now owns 59,483 shares of the company’s stock valued at $720,000 after buying an additional 32,980 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in CNH Industrial by 1,524.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,402,241 shares of the company’s stock valued at $29,067,000 after buying an additional 2,254,403 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in CNH Industrial by 52.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 32,821 shares of the company’s stock valued at $397,000 after buying an additional 11,272 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of CNH Industrial by 1.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,518,706 shares of the company’s stock worth $18,659,000 after purchasing an additional 26,004 shares in the last quarter. Finally, Aviva PLC increased its stake in shares of CNH Industrial by 444.2% in the third quarter. Aviva PLC now owns 2,516,940 shares of the company’s stock worth $30,742,000 after purchasing an additional 2,054,448 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Company Profile

CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.