CNH Industrial NV (NYSE:CNHI) Receives Average Recommendation of “Hold” from Brokerages

Share on StockTwits

Shares of CNH Industrial NV (NYSE:CNHI) have earned an average recommendation of “Hold” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $12.13.

CNHI has been the topic of a number of research analyst reports. ValuEngine upgraded shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Tuesday, March 5th. Zacks Investment Research upgraded shares of CNH Industrial from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Tuesday, April 9th. Finally, TheStreet upgraded shares of CNH Industrial from a “c” rating to a “b” rating in a research note on Wednesday, May 15th.

Several institutional investors have recently bought and sold shares of the company. Amundi Pioneer Asset Management Inc. lifted its position in shares of CNH Industrial by 25.5% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 16,786,786 shares of the company’s stock worth $171,225,000 after buying an additional 3,408,301 shares during the last quarter. Bank of Italy lifted its position in shares of CNH Industrial by 11.1% in the 1st quarter. Bank of Italy now owns 7,571,910 shares of the company’s stock worth $77,108,000 after buying an additional 757,000 shares during the last quarter. Gabelli Funds LLC lifted its position in shares of CNH Industrial by 1.4% in the 1st quarter. Gabelli Funds LLC now owns 6,322,754 shares of the company’s stock worth $64,492,000 after buying an additional 90,200 shares during the last quarter. Barclays PLC lifted its position in shares of CNH Industrial by 18.6% in the 4th quarter. Barclays PLC now owns 5,647,512 shares of the company’s stock worth $52,012,000 after buying an additional 885,520 shares during the last quarter. Finally, Swiss National Bank lifted its position in shares of CNH Industrial by 3.8% in the 1st quarter. Swiss National Bank now owns 4,776,669 shares of the company’s stock worth $48,606,000 after buying an additional 174,928 shares during the last quarter. Institutional investors own 21.02% of the company’s stock.

CNHI traded up $0.03 during trading hours on Wednesday, reaching $9.45. 1,432,729 shares of the stock traded hands, compared to its average volume of 1,717,522. The firm has a market cap of $12.39 billion, a price-to-earnings ratio of 11.81 and a beta of 1.27. CNH Industrial has a fifty-two week low of $8.41 and a fifty-two week high of $12.68. The company has a current ratio of 5.33, a quick ratio of 4.03 and a debt-to-equity ratio of 4.42.

CNH Industrial (NYSE:CNHI) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.03. The business had revenue of $6.46 billion during the quarter, compared to analyst estimates of $6.76 billion. CNH Industrial had a net margin of 3.84% and a return on equity of 23.01%. The business’s revenue was down 4.7% on a year-over-year basis. During the same period last year, the business earned $0.14 EPS. On average, analysts forecast that CNH Industrial will post 0.87 earnings per share for the current fiscal year.

CNH Industrial Company Profile

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide. The company operates in five segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services.

Further Reading: P/E Growth (PEG)

Analyst Recommendations for CNH Industrial (NYSE:CNHI)

Receive News & Ratings for CNH Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNH Industrial and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Contrasting Nexstar Media Group  & FOX
Contrasting Nexstar Media Group & FOX
Contrasting Superior Industries International  and Adomani
Contrasting Superior Industries International and Adomani
Renasant  & Sierra Bancorp  Head-To-Head Review
Renasant & Sierra Bancorp Head-To-Head Review
Reviewing Beyond Meat  and Campbell Soup
Reviewing Beyond Meat and Campbell Soup
Insider Buying: Total Energy Services Inc  Insider Acquires 5,000 Shares of Stock
Insider Buying: Total Energy Services Inc Insider Acquires 5,000 Shares of Stock
Head to Head Analysis: Alta Mesa Resources  and Infrastructure and Energy Alternatives
Head to Head Analysis: Alta Mesa Resources and Infrastructure and Energy Alternatives


© 2006-2019 Ticker Report