CNH Industrial (NYSE:CNH – Free Report) had its price objective lifted by Robert W. Baird from $15.00 to $16.00 in a research report released on Tuesday,Benzinga reports. The brokerage currently has an outperform rating on the stock.
Several other equities analysts have also issued reports on the company. DA Davidson reaffirmed a “neutral” rating and issued a $12.00 target price on shares of CNH Industrial in a report on Wednesday, August 19th. Sanford C. Bernstein reiterated a “market perform” rating on shares of CNH Industrial in a report on Tuesday, August 4th. Citigroup boosted their price objective on CNH Industrial from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Barclays boosted their price objective on CNH Industrial from $12.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 19th. Finally, Truist Financial upped their price objective on CNH Industrial from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, October 5th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $14.04.
Read Our Latest Analysis on CNH Industrial
CNH Industrial Trading Down 4.0%
Shares of CNH stock opened at $11.99 on Tuesday. The company has a debt-to-equity ratio of 3.26, a quick ratio of 10.16 and a current ratio of 13.62. The company has a market capitalization of $14.82 billion, a price-to-earnings ratio of 25.49 and a beta of 1.23. CNH Industrial has a 52-week low of $9.12 and a 52-week high of $14.46. The company has a 50-day simple moving average of $12.55 and a two-hundred day simple moving average of $11.38.
CNH Industrial (NYSE:CNH – Get Free Report) last posted its earnings results on Monday, November 9th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.10 by $0.06. CNH Industrial had a net margin of 1.44% and a return on equity of 7.94%. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.52 billion. During the same quarter last year, the firm earned $0.08 EPS. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. CNH Industrial has set its FY 2026 guidance at 0.440-0.480 EPS. Research analysts anticipate that CNH Industrial will post 0.48 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in CNH Industrial by 8.9% in the first quarter. Dimensional Fund Advisors LP now owns 29,204,840 shares of the company’s stock valued at $321,185,000 after acquiring an additional 2,380,087 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of CNH Industrial by 267.6% during the 1st quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company’s stock worth $202,682,000 after purchasing an additional 13,413,731 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of CNH Industrial by 29.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,231,637 shares of the company’s stock worth $80,096,000 after purchasing an additional 1,421,385 shares during the last quarter. Gabelli Funds LLC increased its stake in shares of CNH Industrial by 0.3% during the 1st quarter. Gabelli Funds LLC now owns 7,083,970 shares of the company’s stock worth $77,924,000 after purchasing an additional 19,320 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of CNH Industrial by 13.0% in the 2nd quarter. Wellington Management Group LLP now owns 6,596,942 shares of the company’s stock worth $74,084,000 after purchasing an additional 759,512 shares during the period. 59.88% of the stock is currently owned by hedge funds and other institutional investors.
Key CNH Industrial News
These are some of the CNH news items that stood out recently:
- Positive Sentiment: Uttar Pradesh laid the foundation for a ₹1,200 crore CNH tractor plant, a concrete investment that could strengthen the company’s manufacturing presence in India. Article: CM Yogi lays foundation for ₹1,200 cr CNH tractor plant in UP
- Positive Sentiment: Several analyst reports highlighted Buy ratings or expectations for appreciation, and one report described a fair-value boost, offering a counterpoint to the earnings estimate cuts. Article: CNH Industrial stock gets fair value boost after split analyst views
- Neutral Sentiment: Uttar Pradesh’s chief minister invited CNH to manufacture bulldozers in the state alongside tractors. This could create another growth opportunity, but the reports describe an invitation rather than a confirmed project. Article: Yogi Adityanath urges CNH to make bulldozers in UP
About CNH Industrial
CNH Industrial is a global manufacturer of agricultural and construction equipment. Its agricultural brands include Case IH, New Holland Agriculture and STEYR, which offer products such as tractors, combines, harvesters, sprayers and hay tools. Its construction equipment brands include CASE Construction Equipment and New Holland Construction, with machinery such as excavators, loaders and graders. The company also provides parts, equipment support and precision technology designed to help customers manage machinery and improve productivity.
Recommended Stories
- Five stocks we like better than CNH Industrial
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for CNH Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNH Industrial and related companies with MarketBeat.com's FREE daily email newsletter.
