CNH Industrial N.V. (NYSE:CNH) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of CNH Industrial N.V. (NYSE:CNH) have been assigned a consensus rating of “Moderate Buy” from the eighteen research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $13.6667.

A number of brokerages have recently issued reports on CNH. Citigroup dropped their price objective on shares of CNH Industrial from $16.00 to $13.00 and set a “buy” rating for the company in a research note on Monday, November 10th. JPMorgan Chase & Co. dropped their price target on shares of CNH Industrial from $12.00 to $10.50 and set a “neutral” rating for the company in a research report on Monday, November 10th. Oppenheimer decreased their price objective on CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a report on Thursday, September 18th. Raymond James Financial dropped their target price on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. Finally, DA Davidson decreased their price target on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th.

Insider Buying and Selling at CNH Industrial

In other news, Director Vagn O. Sorensen purchased 10,385 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average cost of $9.62 per share, with a total value of $99,903.70. Following the acquisition, the director directly owned 40,396 shares of the company’s stock, valued at approximately $388,609.52. This trade represents a 34.60% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Howard W. Buffett acquired 4,100 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were purchased at an average cost of $10.29 per share, for a total transaction of $42,189.00. Following the completion of the purchase, the director directly owned 33,403 shares of the company’s stock, valued at approximately $343,716.87. The trade was a 13.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 20,485 shares of company stock worth $200,173 in the last 90 days. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CNH Industrial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CNH. Quent Capital LLC bought a new stake in shares of CNH Industrial during the third quarter worth approximately $27,000. Twin Tree Management LP grew its holdings in CNH Industrial by 1,068.0% during the 1st quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock worth $29,000 after acquiring an additional 2,606 shares during the period. Clearstead Advisors LLC raised its position in shares of CNH Industrial by 132.7% during the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock valued at $37,000 after acquiring an additional 1,924 shares during the last quarter. Brooklyn Investment Group lifted its stake in shares of CNH Industrial by 218.3% in the 1st quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock valued at $42,000 after purchasing an additional 2,325 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in shares of CNH Industrial by 77.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 4,036 shares of the company’s stock worth $44,000 after purchasing an additional 1,763 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Price Performance

Shares of CNH stock opened at $10.03 on Monday. The stock has a 50 day moving average of $10.63 and a two-hundred day moving average of $11.99. The company has a current ratio of 12.33, a quick ratio of 10.34 and a debt-to-equity ratio of 3.52. CNH Industrial has a 12 month low of $9.00 and a 12 month high of $14.27. The company has a market capitalization of $12.50 billion, a P/E ratio of 15.42 and a beta of 1.52.

CNH Industrial (NYSE:CNH) last released its quarterly earnings data on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). The firm had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, equities analysts expect that CNH Industrial will post 0.7 EPS for the current year.

About CNH Industrial

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.