CNH Industrial N.V. (NYSE:CNH) Receives $12.88 Consensus PT from Analysts

Shares of CNH Industrial N.V. (NYSE:CNH) have earned a consensus rating of “Hold” from the thirteen ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $12.8846.

CNH has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. Citigroup raised their price target on shares of CNH Industrial from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Oppenheimer raised their price target on shares of CNH Industrial from $13.00 to $16.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. UBS Group reduced their price target on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Finally, Truist Financial set a $12.00 price target on shares of CNH Industrial in a research note on Wednesday, January 14th.

CNH Industrial Trading Up 1.7%

CNH opened at $10.59 on Thursday. The company’s 50 day moving average is $11.47 and its 200-day moving average is $10.63. CNH Industrial has a 1-year low of $9.00 and a 1-year high of $14.27. The company has a current ratio of 13.34, a quick ratio of 11.36 and a debt-to-equity ratio of 3.44. The company has a market cap of $13.14 billion, a P/E ratio of 26.48, a PEG ratio of 1.49 and a beta of 1.26.

CNH Industrial (NYSE:CNH) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.08. CNH Industrial had a net margin of 2.82% and a return on equity of 8.90%. The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $4.91 billion. During the same period last year, the company posted $0.15 EPS. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. Equities research analysts predict that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

CNH Industrial Cuts Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be issued a $0.10 dividend. This represents a yield of 89.0%. The ex-dividend date is Thursday, May 21st. CNH Industrial’s dividend payout ratio (DPR) is 25.00%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CNH. Integrated Wealth Concepts LLC raised its holdings in CNH Industrial by 12.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 16,143 shares of the company’s stock valued at $198,000 after buying an additional 1,772 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in CNH Industrial by 70.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,268,436 shares of the company’s stock valued at $27,856,000 after buying an additional 938,035 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in 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 buying an additional 2,970 shares during the last quarter. Federated Hermes Inc. raised its holdings in CNH Industrial by 29.8% in the 2nd quarter. Federated Hermes Inc. now owns 107,456 shares of the company’s stock valued at $1,393,000 after buying an additional 24,669 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after buying an additional 1,100 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Company Profile

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.