CNH Industrial N.V. (NYSE:CNH) Given Average Rating of “Hold” by Analysts

CNH Industrial N.V. (NYSE:CNH) has been assigned an average rating of “Hold” from the fifteen analysts that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $12.9667.

A number of research firms have recently weighed in on CNH. Wall Street Zen raised CNH Industrial from a “sell” rating to a “hold” rating in a report on Saturday. Citigroup boosted their target price on shares of CNH Industrial from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Truist Financial set a $12.00 price target on shares of CNH Industrial in a research note on Wednesday, January 14th. JPMorgan Chase & Co. downgraded shares of CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 price target for the company. in a report on Friday, November 28th. Finally, DA Davidson reduced their price objective on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th.

CNH Industrial Stock Performance

NYSE:CNH opened at $10.74 on Friday. The company has a current ratio of 13.01, a quick ratio of 10.82 and a debt-to-equity ratio of 3.49. The company has a market capitalization of $13.39 billion, a P/E ratio of 22.86 and a beta of 1.29. The firm has a 50-day moving average price of $9.93 and a two-hundred day moving average price of $10.83. CNH Industrial has a twelve month low of $9.00 and a twelve month high of $14.27.

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

Insider Transactions at CNH Industrial

In other CNH Industrial news, Director Vagn O. Sorensen bought 10,385 shares of CNH Industrial stock in a transaction that occurred on Tuesday, November 11th. The shares were purchased at an average cost of $9.62 per share, for a total transaction of $99,903.70. Following the completion of the transaction, the director owned 40,396 shares of the company’s stock, valued at $388,609.52. This represents a 34.60% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Suzanne Heywood purchased 52,522 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was acquired 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 owned 619,427 shares in the company, valued at $5,896,945.04. The trade was a 9.26% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 73,007 shares of company stock worth $700,182 over the last quarter. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CNH Industrial

Hedge funds have recently modified their holdings of the stock. Benjamin Edwards Inc. lifted its stake in CNH Industrial by 9.2% during the third quarter. Benjamin Edwards Inc. now owns 11,894 shares of the company’s stock valued at $129,000 after buying an additional 1,006 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in shares of CNH Industrial by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock valued at $3,188,000 after acquiring an additional 1,100 shares in the last quarter. 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 purchasing an additional 1,100 shares during the period. MAI Capital Management boosted its stake in CNH Industrial by 17.0% in the 2nd quarter. MAI Capital Management now owns 7,796 shares of the company’s stock worth $101,000 after purchasing an additional 1,133 shares during the period. Finally, State of Michigan Retirement System grew its position in CNH Industrial by 0.5% during the 3rd quarter. State of Michigan Retirement System now owns 246,300 shares of the company’s stock worth $2,672,000 after purchasing an additional 1,200 shares in the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

CNH Industrial Company Profile

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.