CNH Industrial (NYSE:CNH) Receives Neutral Rating from DA Davidson

CNH Industrial (NYSE:CNHGet Free Report)‘s stock had its “neutral” rating reaffirmed by stock analysts at DA Davidson in a note issued to investors on Wednesday,Benzinga reports. They presently have a $12.00 target price on the stock. DA Davidson’s price objective would indicate a potential upside of 16.67% from the company’s current price.

A number of other equities research analysts also recently issued reports on the company. Evercore set a $12.25 price target on CNH Industrial in a research note on Monday, May 11th. Weiss Ratings lowered shares of CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Truist Financial reiterated a “buy” rating and issued a $15.00 price target (down from $16.00) on shares of CNH Industrial in a research report on Tuesday, August 4th. JPMorgan Chase & Co. upped their price objective on CNH Industrial from $9.50 to $10.00 and gave the stock an “underweight” rating in a research note on Monday, July 13th. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of CNH Industrial in a research report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, CNH Industrial currently has a consensus rating of “Hold” and an average target price of $12.58.

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CNH Industrial Stock Performance

CNH Industrial stock traded up $0.26 during midday trading on Wednesday, reaching $10.29. 4,871,790 shares of the company traded hands, compared to its average volume of 13,998,651. CNH Industrial has a 12 month low of $9.00 and a 12 month high of $13.31. The company has a debt-to-equity ratio of 3.33, a current ratio of 12.23 and a quick ratio of 10.16. The business has a 50 day moving average of $10.62 and a two-hundred day moving average of $10.94. The firm has a market capitalization of $12.73 billion, a price-to-earnings ratio of 41.14, a price-to-earnings-growth ratio of 1.83 and a beta of 1.15.

CNH Industrial (NYSE:CNHGet Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.77 billion. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The firm’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, research analysts predict that CNH Industrial will post 0.45 earnings per share for the current year.

Institutional Trading of CNH Industrial

Several hedge funds have recently bought and sold shares of CNH. Measured Wealth Private Client Group LLC bought a new stake in CNH Industrial in the 3rd quarter worth approximately $29,000. Rothschild Investment LLC lifted its stake in CNH Industrial by 1,734.2% in the fourth quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after purchasing an additional 3,295 shares during the last quarter. Kestra Advisory Services LLC bought a new position in CNH Industrial in the 4th quarter valued at $34,000. Advisory Services Network LLC purchased a new position in CNH Industrial in the 3rd quarter worth about $37,000. Finally, Clearstead Advisors LLC raised its stake in shares of CNH Industrial by 52.5% during the fourth quarter. Clearstead Advisors LLC now owns 5,145 shares of the company’s stock valued at $47,000 after acquiring an additional 1,771 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

About CNH Industrial

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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.

Further Reading

Analyst Recommendations for CNH Industrial (NYSE:CNH)

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