Brokerages Set CNH Industrial N.V. (NYSE:CNH) PT at $13.67

CNH Industrial N.V. (NYSE:CNH) has earned an average rating of “Moderate Buy” from the eighteen ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $13.6667.

Several research firms have weighed in on CNH. UBS Group cut their price target on CNH Industrial from $16.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Truist Financial reiterated a “buy” rating and set a $13.00 target price (down from $14.00) on shares of CNH Industrial in a research report on Monday, November 10th. JPMorgan Chase & Co. cut their target price on shares of CNH Industrial from $12.00 to $10.50 and set a “neutral” rating for the company in a report on Monday, November 10th. Barclays decreased their price target on shares of CNH Industrial from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Monday, October 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $9.59 on Monday. The firm has a market cap of $11.95 billion, a price-to-earnings ratio of 14.75 and a beta of 1.52. The firm has a fifty day moving average price of $10.53 and a 200 day moving average price of $11.93. CNH Industrial has a fifty-two week low of $9.00 and a fifty-two week high of $14.27. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.05). The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.22 billion. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 EPS. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. As a group, sell-side analysts expect that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Activity at CNH Industrial

In related news, Director Vagn O. Sorensen purchased 10,385 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was bought at an average price of $9.62 per share, for a total transaction of $99,903.70. Following the completion of the transaction, the director owned 40,396 shares in the company, valued at approximately $388,609.52. The trade was a 34.60% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Suzanne Heywood acquired 52,522 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average price of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the transaction, the director owned 619,427 shares of the company’s stock, valued at approximately $5,896,945.04. This trade represents a 9.26% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 73,007 shares of company stock valued at $700,182. Insiders own 1.00% of the company’s stock.

Institutional Trading of CNH Industrial

A number of institutional investors have recently bought and sold shares of CNH. Envestnet Asset Management Inc. raised its stake in shares of CNH Industrial by 21.6% in the first quarter. Envestnet Asset Management Inc. now owns 904,008 shares of the company’s stock valued at $11,101,000 after acquiring an additional 160,754 shares during the period. Graypoint LLC grew its holdings in CNH Industrial by 17.6% during the 1st quarter. Graypoint LLC now owns 24,152 shares of the company’s stock valued at $297,000 after purchasing an additional 3,618 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in CNH Industrial by 91.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 24,934 shares of the company’s stock valued at $306,000 after purchasing an additional 11,907 shares during the last quarter. Wealth Alliance LLC purchased a new stake in CNH Industrial in the 1st quarter worth about $138,000. Finally, Allianz Asset Management GmbH lifted its stake in CNH Industrial by 8.6% in the first quarter. Allianz Asset Management GmbH now owns 3,502,797 shares of the company’s stock worth $43,014,000 after purchasing an additional 277,124 shares during the last quarter. 59.88% of the stock is currently owned by institutional investors.

CNH Industrial Company Profile

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.