CNH Industrial (NYSE:CNHI – Free Report) – Research analysts at Zacks Research lowered their FY2025 earnings estimates for CNH Industrial in a report released on Monday, September 11th. Zacks Research analyst L. Shahu now forecasts that the company will post earnings per share of $1.73 for the year, down from their previous estimate of $1.75. The consensus estimate for CNH Industrial’s current full-year earnings is $1.78 per share.
Other research analysts also recently issued reports about the stock. Citigroup decreased their target price on shares of CNH Industrial from $19.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, July 18th. StockNews.com assumed coverage on shares of CNH Industrial in a research note on Saturday, August 19th. They issued a “hold” rating for the company. Oppenheimer decreased their target price on shares of CNH Industrial from $19.00 to $18.00 and set an “outperform” rating for the company in a research note on Monday, July 31st. Finally, Sanford C. Bernstein cut shares of CNH Industrial from an “outperform” rating to a “market perform” rating and cut their price target for the company from $17.31 to $15.11 in a report on Monday, September 4th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.02.
CNH Industrial Price Performance
CNHI opened at $13.15 on Wednesday. The company has a quick ratio of 5.99, a current ratio of 7.47 and a debt-to-equity ratio of 3.28. CNH Industrial has a 52-week low of $10.89 and a 52-week high of $17.98. The company has a 50 day moving average of $14.11 and a two-hundred day moving average of $14.31. The company has a market cap of $17.55 billion, a P/E ratio of 7.69 and a beta of 1.63.
CNH Industrial (NYSE:CNHI – Get Free Report) last released its quarterly earnings data on Friday, July 28th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.04. CNH Industrial had a net margin of 9.44% and a return on equity of 31.51%. The company had revenue of $6.57 billion during the quarter, compared to the consensus estimate of $6.44 billion. During the same period in the previous year, the firm earned $0.43 earnings per share. CNH Industrial’s revenue for the quarter was up 8.0% on a year-over-year basis.
Institutional Trading of CNH Industrial
A number of large investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in CNH Industrial by 64.9% in the 4th quarter. JPMorgan Chase & Co. now owns 9,661,732 shares of the company’s stock valued at $155,168,000 after buying an additional 3,803,258 shares in the last quarter. Engineers Gate Manager LP grew its position in CNH Industrial by 324.4% in the 4th quarter. Engineers Gate Manager LP now owns 162,650 shares of the company’s stock valued at $2,612,000 after buying an additional 124,325 shares in the last quarter. MQS Management LLC bought a new position in CNH Industrial in the 1st quarter valued at about $453,000. Concentric Capital Strategies LP bought a new position in CNH Industrial in the 4th quarter valued at about $1,411,000. Finally, Gabelli Funds LLC grew its position in CNH Industrial by 3.4% in the 1st quarter. Gabelli Funds LLC now owns 6,380,704 shares of the company’s stock valued at $97,433,000 after buying an additional 212,750 shares in the last quarter. Institutional investors and hedge funds own 39.93% of the company’s stock.
CNH Industrial Company Profile
CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.
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