CNH Industrial N.V. (NYSE:CNH) Receives Consensus Recommendation of “Hold” from Brokerages

CNH Industrial N.V. (NYSE:CNH) has earned an average recommendation of “Hold” from the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $12.7679.

Several equities research analysts have recently weighed in on CNH shares. Weiss Ratings cut CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 14th. Citigroup raised their price objective on shares of CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Barclays boosted their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Truist Financial set a $16.00 target price on shares of CNH Industrial in a report on Friday, May 1st. Finally, Evercore set a $12.25 target price on shares of CNH Industrial in a research note on Monday, May 11th.

CNH Industrial Stock Performance

NYSE:CNH opened at $10.74 on Friday. The business’s fifty day moving average is $10.59 and its 200 day moving average is $10.95. The firm has a market cap of $13.32 billion, a price-to-earnings ratio of 34.66, a PEG ratio of 2.19 and a beta of 1.14. The company has a debt-to-equity ratio of 3.32, a quick ratio of 10.17 and a current ratio of 12.27. CNH Industrial has a 52-week low of $9.00 and a 52-week high of $13.31.

CNH Industrial (NYSE:CNH) last issued its earnings results on Thursday, April 30th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.80 billion. During the same quarter last year, the company earned $0.10 EPS. The firm’s revenue was down .1% compared to the same quarter last year. Research analysts predict that CNH Industrial will post 0.41 EPS for the current year.

Insider Buying and Selling at CNH Industrial

In other news, insider Francesco Vincenzo Mari Tutino sold 48,385 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $10.13, for a total value of $490,140.05. Following the transaction, the insider owned 71,926 shares of the company’s stock, valued at approximately $728,610.38. This represents a 40.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On CNH Industrial

Several large investors have recently added to or reduced their stakes in CNH. Measured Wealth Private Client Group LLC bought a new position in CNH Industrial in the 3rd quarter worth about $29,000. Rothschild Investment LLC boosted its position in shares of CNH Industrial by 1,734.2% during the 4th quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock valued at $32,000 after acquiring an additional 3,295 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of CNH Industrial during the 4th quarter valued at about $34,000. Advisory Services Network LLC purchased a new position in shares of CNH Industrial during the third quarter worth about $37,000. Finally, Clearstead Advisors LLC grew its holdings in shares of CNH Industrial by 52.5% during the fourth quarter. Clearstead Advisors LLC now owns 5,145 shares of the company’s stock worth $47,000 after purchasing an additional 1,771 shares in the last quarter. Institutional investors 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.