Analysts Expect CNH Industrial (NYSE:CNHI) to Announce $0.25 EPS

Wall Street brokerages expect CNH Industrial (NYSE:CNHIGet Rating) to post $0.25 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have issued estimates for CNH Industrial’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.31. CNH Industrial posted earnings per share of $0.32 in the same quarter last year, which would indicate a negative year over year growth rate of 21.9%. The business is expected to issue its next earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that CNH Industrial will report full year earnings of $1.37 per share for the current fiscal year, with EPS estimates ranging from $1.30 to $1.50. For the next financial year, analysts forecast that the business will report earnings of $1.56 per share, with EPS estimates ranging from $1.45 to $1.75. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that cover CNH Industrial.

CNH Industrial (NYSE:CNHIGet Rating) last released its quarterly earnings results on Tuesday, February 8th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.04. The company had revenue of $9.07 billion for the quarter, compared to analysts’ expectations of $7.98 billion. CNH Industrial had a net margin of 5.15% and a return on equity of 30.03%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS.

CNHI has been the topic of several analyst reports. JPMorgan Chase & Co. raised their price objective on CNH Industrial from $19.00 to $20.00 and gave the stock an “overweight” rating in a report on Monday, March 28th. UBS Group lowered their price target on CNH Industrial from $21.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, January 4th. Barclays initiated coverage on shares of CNH Industrial in a report on Thursday, February 17th. They set an “overweight” rating on the stock. Citigroup began coverage on shares of CNH Industrial in a report on Friday, February 18th. They issued a “buy” rating for the company. Finally, StockNews.com initiated coverage on shares of CNH Industrial in a research note on Thursday, March 31st. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, CNH Industrial has an average rating of “Buy” and a consensus target price of $19.62.

Hedge funds have recently bought and sold shares of the company. HighTower Advisors LLC lifted its position in CNH Industrial by 8.1% during the 4th quarter. HighTower Advisors LLC now owns 11,096 shares of the company’s stock worth $216,000 after acquiring an additional 832 shares in the last quarter. Signaturefd LLC raised its stake in shares of CNH Industrial by 10.8% during the fourth quarter. Signaturefd LLC now owns 9,199 shares of the company’s stock valued at $179,000 after purchasing an additional 898 shares during the period. Veriti Management LLC lifted its position in shares of CNH Industrial by 5.0% during the first quarter. Veriti Management LLC now owns 19,533 shares of the company’s stock worth $310,000 after purchasing an additional 922 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of CNH Industrial by 48.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 3,019 shares of the company’s stock valued at $59,000 after purchasing an additional 984 shares during the period. Finally, Wakefield Asset Management LLLP grew its holdings in CNH Industrial by 0.6% during the 4th quarter. Wakefield Asset Management LLLP now owns 189,157 shares of the company’s stock valued at $3,675,000 after purchasing an additional 1,051 shares in the last quarter. Institutional investors and hedge funds own 35.28% of the company’s stock.

Shares of NYSE CNHI opened at $14.41 on Friday. The firm’s 50 day moving average price is $15.20 and its 200 day moving average price is $16.40. The company has a debt-to-equity ratio of 3.49, a quick ratio of 3.75 and a current ratio of 4.80. The firm has a market cap of $19.54 billion, a P/E ratio of 11.35 and a beta of 1.70. CNH Industrial has a 1 year low of $13.21 and a 1 year high of $19.69.

The firm also recently declared an annual dividend, which will be paid on Wednesday, May 4th. Investors of record on Wednesday, April 20th will be given a dividend of $0.3072 per share. This represents a yield of 1.9%. This is a boost from CNH Industrial’s previous annual dividend of $0.13. The ex-dividend date is Tuesday, April 19th.

CNH Industrial Company Profile (Get Rating)

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles in North America, Europe, South America, and internationally. It operates through five segments: Agriculture, Construction, Commercial and Specialty Vehicles, Powertrain, and Financial.

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