CNH Industrial (NYSE:CNH) Downgraded to Sell Rating by Wall Street Zen

CNH Industrial (NYSE:CNH) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Other equities research analysts have also issued research reports about the company. DA Davidson decreased their price target on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. Barclays reduced their price objective on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating for the company in a report on Monday, December 22nd. Citigroup upped their target price on CNH Industrial from $11.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday. Raymond James Financial dropped their price target on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. Finally, UBS Group decreased their price objective on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $12.97.

CNH Industrial Stock Performance

NYSE:CNH opened at $10.94 on Friday. The company has a quick ratio of 10.82, a current ratio of 13.01 and a debt-to-equity ratio of 3.49. CNH Industrial has a fifty-two week low of $9.00 and a fifty-two week high of $14.27. The stock has a market cap of $13.64 billion, a PE ratio of 23.28 and a beta of 1.29. The firm’s fifty day simple moving average is $9.71 and its 200-day simple moving average is $11.02.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.05). The company had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Analysts expect that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Activity at CNH Industrial

In other news, Director Howard W. Buffett bought 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average price of $9.68 per share, with a total value of $58,080.00. Following the purchase, the director owned 29,303 shares of the company’s stock, valued at $283,653.04. This trade represents a 25.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Suzanne Heywood purchased 52,522 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were purchased at an average cost of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the purchase, the director directly owned 619,427 shares in the company, valued at $5,896,945.04. The trade was a 9.26% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 73,007 shares of company stock valued at $700,182. 1.00% of the stock is owned by insiders.

Institutional Trading of CNH Industrial

A number of hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio raised its holdings in CNH Industrial by 0.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company’s stock valued at $3,947,000 after acquiring an additional 999 shares during the last quarter. Benjamin Edwards Inc. grew its position in shares of CNH Industrial by 9.2% in the third quarter. Benjamin Edwards Inc. now owns 11,894 shares of the company’s stock valued at $129,000 after purchasing an additional 1,006 shares during the period. TD Private Client Wealth LLC increased its stake in CNH Industrial by 1.9% in the second quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company’s stock valued at $755,000 after purchasing an additional 1,066 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in CNH Industrial by 0.4% during the second quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock worth $3,188,000 after buying an additional 1,100 shares during the period. Finally, Daiwa Securities Group Inc. boosted its stake in CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after buying an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

About CNH Industrial

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company’s product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.