CNH Industrial NV (NASDAQ:CNHI) – Research analysts at Seaport Global Securities lifted their FY2017 earnings per share estimates for shares of CNH Industrial NV in a report issued on Friday. Seaport Global Securities analyst M. Shlisky now forecasts that the company will earn $0.44 per share for the year, up from their previous estimate of $0.43. Seaport Global Securities currently has a “Buy” rating and a $14.00 target price on the stock. Seaport Global Securities also issued estimates for CNH Industrial NV’s Q4 2018 earnings at $0.20 EPS, FY2018 earnings at $0.59 EPS and FY2019 earnings at $0.72 EPS.

A number of other research analysts have also recently issued reports on CNHI. Deutsche Bank AG reiterated a “hold” rating and issued a $10.00 target price on shares of CNH Industrial NV in a research report on Tuesday, July 4th. Zacks Investment Research upgraded CNH Industrial NV from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Wednesday, July 5th. Stifel Nicolaus reiterated a “hold” rating and issued a $11.50 target price on shares of CNH Industrial NV in a research report on Friday, July 14th. BidaskClub cut CNH Industrial NV from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, TheStreet upgraded CNH Industrial NV from a “d+” rating to a “c” rating in a research report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. CNH Industrial NV currently has an average rating of “Hold” and a consensus target price of $11.31.

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Shares of CNH Industrial NV (CNHI) opened at 12.02 on Monday. CNH Industrial NV has a one year low of $7.09 and a one year high of $12.27. The company has a market cap of $16.40 billion and a price-to-earnings ratio of 38.77. The firm’s 50-day moving average is $11.82 and its 200-day moving average is $11.31.

CNH Industrial NV (NASDAQ:CNHI) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. CNH Industrial NV had a net margin of 3.17% and a return on equity of 21.59%. The firm had revenue of $6.95 billion for the quarter, compared to analyst estimates of $7.07 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. The company’s revenue was up 2.9% on a year-over-year basis.

A number of institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its holdings in shares of CNH Industrial NV by 1.6% during the first quarter. Ameriprise Financial Inc. now owns 12,760 shares of the company’s stock worth $123,000 after purchasing an additional 199 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of CNH Industrial NV by 4.3% during the second quarter. Quadrant Capital Group LLC now owns 10,104 shares of the company’s stock worth $110,000 after purchasing an additional 415 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of CNH Industrial NV by 0.9% during the second quarter. Stifel Financial Corp now owns 81,966 shares of the company’s stock worth $933,000 after purchasing an additional 741 shares during the last quarter. Wetherby Asset Management Inc. grew its holdings in shares of CNH Industrial NV by 5.4% during the second quarter. Wetherby Asset Management Inc. now owns 22,842 shares of the company’s stock worth $260,000 after purchasing an additional 1,176 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of CNH Industrial NV by 8.4% during the first quarter. First Trust Advisors LP now owns 17,175 shares of the company’s stock worth $166,000 after purchasing an additional 1,329 shares during the last quarter.

CNH Industrial NV Company Profile

CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications.

Earnings History and Estimates for CNH Industrial NV (NASDAQ:CNHI)

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