CNH Industrial (NYSE:CNH) Releases Quarterly Earnings Results

CNH Industrial (NYSE:CNH) released its earnings results on Friday. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05), Zacks reports. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the prior year, the company posted $0.24 EPS. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. CNH Industrial updated its FY 2025 guidance to 0.440-0.50 EPS.

CNH Industrial Stock Down 6.0%

NYSE:CNH opened at $9.65 on Friday. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. CNH Industrial has a 1-year low of $9.00 and a 1-year high of $14.27. The company has a 50-day moving average of $10.77 and a 200 day moving average of $12.04. The firm has a market cap of $12.07 billion, a PE ratio of 14.84 and a beta of 1.52.

Institutional Investors Weigh In On CNH Industrial

Hedge funds have recently modified their holdings of the business. Transamerica Financial Advisors LLC boosted its stake in shares of CNH Industrial by 923.2% during the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock valued at $47,000 after purchasing an additional 3,296 shares in the last quarter. Headlands Technologies LLC purchased a new stake in CNH Industrial during the second quarter worth $61,000. Canada Pension Plan Investment Board bought a new stake in CNH Industrial during the 2nd quarter valued at $88,000. EverSource Wealth Advisors LLC increased its holdings in shares of CNH Industrial by 56.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,206 shares of the company’s stock valued at $106,000 after acquiring an additional 2,970 shares during the period. Finally, Boothbay Fund Management LLC bought a new position in shares of CNH Industrial in the 2nd quarter worth $140,000. Hedge funds and other institutional investors own 59.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of CNH Industrial in a report on Wednesday, October 8th. Oppenheimer cut their price target on shares of CNH Industrial from $16.00 to $13.00 and set an “outperform” rating on the stock in a report on Thursday, September 18th. JPMorgan Chase & Co. decreased their price objective on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, September 2nd. Raymond James Financial dropped their target price on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 22nd. Finally, The Goldman Sachs Group lowered shares of CNH Industrial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $12.50 to $11.50 in a research report on Wednesday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.65.

About CNH Industrial

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.