CNH Industrial NV (NYSE:CNHI) has received a consensus rating of “Buy” from the fourteen research firms that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $14.77.
CNHI has been the subject of several research reports. Barclays initiated coverage on shares of CNH Industrial in a research report on Tuesday, December 12th. They issued an “overweight” rating and a $15.00 price target for the company. Zacks Investment Research raised shares of CNH Industrial from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research report on Tuesday, October 10th. Stifel Nicolaus reissued a “hold” rating and issued a $13.40 price target (up previously from $12.00) on shares of CNH Industrial in a research report on Monday, November 13th. Deutsche Bank reissued a “buy” rating and issued a $13.20 price target (up previously from $12.80) on shares of CNH Industrial in a research report on Monday, October 9th. Finally, Citigroup raised shares of CNH Industrial from a “neutral” rating to a “buy” rating and lifted their price target for the company from $13.75 to $15.00 in a research report on Wednesday, November 29th.
CNH Industrial (CNHI) traded up $0.08 during trading hours on Friday, hitting $14.94. 1,504,406 shares of the stock traded hands, compared to its average volume of 1,436,682. The company has a market cap of $20,264.24, a price-to-earnings ratio of 46.69 and a beta of 0.86. The company has a quick ratio of 4.18, a current ratio of 5.42 and a debt-to-equity ratio of 5.73. CNH Industrial has a 12 month low of $8.74 and a 12 month high of $15.04.
CNH Industrial (NYSE:CNHI) last released its quarterly earnings data on Tuesday, October 31st. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The company had revenue of $6.63 billion during the quarter, compared to analyst estimates of $5.03 billion. CNH Industrial had a net margin of 1.66% and a return on equity of 14.63%. CNH Industrial’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.05 EPS. equities research analysts anticipate that CNH Industrial will post 0.47 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC boosted its holdings in CNH Industrial by 4.3% during the 2nd quarter. Quadrant Capital Group LLC now owns 10,104 shares of the company’s stock worth $110,000 after acquiring an additional 415 shares during the last quarter. Stifel Financial Corp boosted its holdings in CNH Industrial by 0.9% during the 2nd quarter. Stifel Financial Corp now owns 81,966 shares of the company’s stock worth $933,000 after acquiring an additional 741 shares during the last quarter. FMR LLC boosted its holdings in CNH Industrial by 14.4% during the 2nd quarter. FMR LLC now owns 11,900 shares of the company’s stock worth $135,000 after acquiring an additional 1,500 shares during the last quarter. Public Sector Pension investment Board boosted its holdings in CNH Industrial by 1.7% during the 2nd quarter. Public Sector Pension investment Board now owns 427,495 shares of the company’s stock worth $4,834,000 after acquiring an additional 7,116 shares during the last quarter. Finally, Virtu KCG Holdings LLC boosted its holdings in CNH Industrial by 48.3% during the 2nd quarter. Virtu KCG Holdings LLC now owns 24,992 shares of the company’s stock worth $284,000 after acquiring an additional 8,143 shares during the last quarter. 18.18% of the stock is currently owned by hedge funds and other institutional investors.
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About CNH Industrial
CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications.
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