CNH Industrial NV (NASDAQ:CNHI) – Stock analysts at Seaport Global Securities upped their FY2017 earnings per share (EPS) estimates for CNH Industrial NV in a report released on Tuesday. Seaport Global Securities analyst M. Shlisky now expects that the company will post earnings of $0.46 per share for the year, up from their prior forecast of $0.44. 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 2017 earnings at $0.12 EPS, Q1 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.13 EPS and FY2019 earnings at $0.74 EPS.

CNH Industrial NV (NASDAQ:CNHI) last released its quarterly earnings data on Tuesday, October 31st. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The firm had revenue of $6.63 billion during the quarter, compared to the consensus estimate of $5.03 billion. CNH Industrial NV had a return on equity of 21.59% and a net margin of 3.17%. The firm’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.05 earnings per share.

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CNHI has been the topic of several other research reports. BidaskClub lowered CNH Industrial NV from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 11th. Deutsche Bank AG reissued a “buy” rating and set a $13.20 target price (up previously from $12.80) on shares of CNH Industrial NV in a research note on Monday, October 9th. TheStreet raised CNH Industrial NV from a “d+” rating to a “c” rating in a research report on Wednesday, July 26th. Zacks Investment Research lowered CNH Industrial NV from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $11.50 price target on shares of CNH Industrial NV in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $11.31.

A number of hedge funds have recently bought and sold shares of CNHI. First Trust Advisors LP raised its position in CNH Industrial NV by 8.4% in the 1st quarter. First Trust Advisors LP now owns 17,175 shares of the company’s stock valued at $166,000 after purchasing an additional 1,329 shares in the last quarter. Ameriprise Financial Inc. raised its position in CNH Industrial NV by 1.6% in the 1st quarter. Ameriprise Financial Inc. now owns 12,760 shares of the company’s stock valued at $123,000 after purchasing an additional 199 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in CNH Industrial NV by 95.4% in the 1st quarter. Parametric Portfolio Associates LLC now owns 123,439 shares of the company’s stock valued at $1,190,000 after purchasing an additional 60,271 shares in the last quarter. Wellington Management Group LLP raised its position in CNH Industrial NV by 18.1% in the 1st quarter. Wellington Management Group LLP now owns 22,819 shares of the company’s stock valued at $220,000 after purchasing an additional 3,501 shares in the last quarter. Finally, Teachers Advisors LLC raised its position in CNH Industrial NV by 52,429.3% in the 1st quarter. Teachers Advisors LLC now owns 1,280,140 shares of the company’s stock valued at $12,341,000 after purchasing an additional 1,277,703 shares in 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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