CNH Industrial NV (NYSE:CNHI) Given Average Rating of “Hold” by Brokerages

CNH Industrial NV (NYSE:CNHI) has received an average recommendation of “Hold” from the eight brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $12.00.

CNHI has been the topic of a number of recent analyst reports. Deutsche Bank lifted their price target on shares of CNH Industrial from $10.00 to $12.00 and gave the stock a “hold” rating in a research report on Wednesday, December 18th. ValuEngine cut shares of CNH Industrial from a “hold” rating to a “sell” rating in a research report on Monday, November 11th.

Several large investors have recently modified their holdings of CNHI. Signaturefd LLC raised its holdings in shares of CNH Industrial by 198.7% during the third quarter. Signaturefd LLC now owns 4,092 shares of the company’s stock worth $42,000 after acquiring an additional 2,722 shares during the period. Compagnie Lombard Odier SCmA raised its holdings in shares of CNH Industrial by 98.7% during the second quarter. Compagnie Lombard Odier SCmA now owns 5,962 shares of the company’s stock worth $61,000 after acquiring an additional 2,962 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of CNH Industrial during the third quarter worth $101,000. Jefferies Group LLC acquired a new stake in shares of CNH Industrial during the second quarter worth $118,000. Finally, Glen Harbor Capital Management LLC raised its holdings in shares of CNH Industrial by 17.8% during the second quarter. Glen Harbor Capital Management LLC now owns 12,672 shares of the company’s stock worth $130,000 after acquiring an additional 1,914 shares during the period. Institutional investors and hedge funds own 21.48% of the company’s stock.

Shares of NYSE CNHI traded up $0.23 during midday trading on Thursday, reaching $11.01. 69,600 shares of the stock were exchanged, compared to its average volume of 971,846. The business has a 50-day simple moving average of $10.89 and a two-hundred day simple moving average of $10.50. The company has a market capitalization of $14.74 billion, a price-to-earnings ratio of 13.78 and a beta of 1.36. CNH Industrial has a 12 month low of $8.53 and a 12 month high of $11.99. The company has a debt-to-equity ratio of 3.90, a current ratio of 6.03 and a quick ratio of 4.46.

CNH Industrial (NYSE:CNHI) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The company had revenue of $6.36 billion for the quarter, compared to analysts’ expectations of $6.50 billion. CNH Industrial had a net margin of 5.46% and a return on equity of 21.02%. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period last year, the firm posted $0.16 earnings per share. Equities research analysts expect that CNH Industrial will post 0.85 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.

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Analyst Recommendations for CNH Industrial (NYSE:CNHI)

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