CNH Industrial N.V. (NYSE:CNH) Receives $15.13 Consensus Price Target from Brokerages

CNH Industrial N.V. (NYSE:CNH) has been given a consensus rating of “Moderate Buy” by the fourteen analysts that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $15.1250.

CNH has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of CNH Industrial from $13.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $12.50 to $11.50 in a report on Wednesday, July 16th. Citigroup lifted their price objective on shares of CNH Industrial from $14.00 to $16.00 and gave the company a “buy” rating in a report on Friday, May 30th. Oppenheimer raised their price target on shares of CNH Industrial from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Finally, Evercore ISI raised their price target on shares of CNH Industrial from $13.00 to $15.00 and gave the company an “in-line” rating in a research report on Monday, May 19th.

CNH Industrial Price Performance

CNH stock opened at $11.44 on Wednesday. The company has a fifty day moving average price of $12.64 and a 200-day moving average price of $12.52. The company has a market capitalization of $14.31 billion, a P/E ratio of 17.60 and a beta of 1.51. CNH Industrial has a 52-week low of $9.92 and a 52-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 posted its quarterly earnings data on Friday, August 1st. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.47 billion. During the same period in the prior year, the company posted $0.38 earnings per share. CNH Industrial’s revenue for the quarter was down 14.2% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.500-0.700 EPS. As a group, equities analysts expect that CNH Industrial will post 0.7 EPS for the current year.

Institutional Trading of CNH Industrial

Several hedge funds have recently added to or reduced their stakes in CNH. Colonial Trust Co SC bought a new stake in shares of CNH Industrial in the fourth quarter valued at approximately $25,000. Global X Japan Co. Ltd. purchased a new position in CNH Industrial during the first quarter valued at approximately $29,000. Twin Tree Management LP grew its stake in CNH Industrial by 1,068.0% during the first quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock valued at $29,000 after acquiring an additional 2,606 shares in the last quarter. Brooklyn Investment Group grew its stake in CNH Industrial by 218.3% during the first quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock valued at $42,000 after acquiring an additional 2,325 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its stake in 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 acquiring an additional 3,296 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

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.