Favorable Media Coverage Somewhat Likely to Impact CNH Industrial NV (CNHI) Stock Price

Media stories about CNH Industrial NV (NASDAQ:CNHI) have trended positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CNH Industrial NV earned a daily sentiment score of 0.29 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment’s scoring:

Shares of CNH Industrial NV (NASDAQ:CNHI) opened at 11.91 on Tuesday. CNH Industrial NV has a 52 week low of $6.49 and a 52 week high of $12.13. The company has a 50 day moving average of $11.22 and a 200 day moving average of $9.94. The company has a market cap of $16.23 billion and a PE ratio of 52.93.

CNH Industrial NV (NASDAQ:CNHI) last issued its earnings results on Thursday, April 27th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $5.68 billion for the quarter, compared to analysts’ expectations of $5.43 billion. CNH Industrial NV had a net margin of 0.55% and a return on equity of 4.11%. The business’s revenue was up 5.8% on a year-over-year basis. On average, analysts expect that CNH Industrial NV will post $0.43 EPS for the current year.

CNH Industrial NV declared that its Board of Directors has approved a share repurchase program on Monday, June 5th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Several research analysts have recently issued reports on CNHI shares. J P Morgan Chase & Co upgraded shares of CNH Industrial NV from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $8.00 to $10.00 in a report on Monday, May 1st. Deutsche Bank AG reiterated a “hold” rating and set a $10.00 price target (down from $10.01) on shares of CNH Industrial NV in a report on Thursday, April 6th. Zacks Investment Research downgraded shares of CNH Industrial NV from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. Barclays PLC reiterated a “sell” rating and set a $9.00 price target (up from $8.00) on shares of CNH Industrial NV in a report on Wednesday, April 19th. Finally, Bank of America Corporation upgraded shares of CNH Industrial NV from a “neutral” rating to a “buy” rating in a report on Monday, June 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $10.79.

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About CNH Industrial NV

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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