CNH Industrial (NYSE:CNH) Stock Rating Lowered by Wall Street Zen

CNH Industrial (NYSE:CNH) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

A number of other research analysts also recently commented on the stock. DA Davidson dropped their target price on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 11th. Barclays dropped their price objective on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, December 22nd. Citigroup lifted their target price on CNH Industrial from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Tuesday. Weiss Ratings reissued a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday, December 29th. Finally, UBS Group cut their price target on CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $12.97.

CNH Industrial Trading Up 1.1%

CNH opened at $10.94 on Friday. The company has a debt-to-equity ratio of 3.49, a quick ratio of 10.82 and a current ratio of 13.01. CNH Industrial has a one year low of $9.00 and a one year high of $14.27. The company has a market cap of $13.64 billion, a P/E ratio of 23.28 and a beta of 1.29. The business’s 50-day simple moving average is $9.71 and its 200-day simple moving average is $11.02.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results 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 business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, equities research analysts expect that CNH Industrial will post 0.7 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Suzanne Heywood bought 52,522 shares of the stock in a transaction on Tuesday, November 18th. The shares were bought at an average cost of $9.52 per share, for a total transaction of $500,009.44. Following the purchase, the director owned 619,427 shares of the company’s stock, valued at $5,896,945.04. This trade represents a 9.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Vagn O. Sorensen purchased 10,385 shares of the business’s stock in a transaction dated Tuesday, November 11th. The shares were bought at an average price of $9.62 per share, with a total value of $99,903.70. Following the purchase, the director directly owned 40,396 shares of the company’s stock, valued at approximately $388,609.52. The trade was a 34.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 73,007 shares of company stock valued at $700,182. 1.00% of the stock is owned by company insiders.

Institutional Trading of CNH Industrial

Hedge funds have recently made changes to their positions in the company. Quent Capital LLC purchased a new stake in shares of CNH Industrial in the third quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new stake in CNH Industrial in the 3rd quarter valued at approximately $29,000. Clearstead Advisors LLC boosted its holdings in CNH Industrial by 132.7% in the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock valued at $37,000 after purchasing an additional 1,924 shares in the last quarter. Elevation Wealth Partners LLC acquired a new position in CNH Industrial during the 4th quarter worth approximately $31,000. Finally, Advisory Services Network LLC purchased a new position in shares of CNH Industrial during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Company Profile

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.