CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) Director Suzanne Heywood sold 11,053 shares of the company's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $140,373.10. Following the completion of the sale, the director now directly owns 566,905 shares in the company, valued at $7,199,693.50. This represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Suzanne Heywood also recently made the following trade(s):
- On Tuesday, March 4th, Suzanne Heywood sold 24,213 shares of CNH GLOBAL N V Foreign stock. The shares were sold at an average price of $11.64, for a total value of $281,839.32.
CNH GLOBAL N V Foreign Price Performance
CNH GLOBAL N V Foreign stock traded up $0.05 during mid-day trading on Thursday, hitting $13.38. The company's stock had a trading volume of 13,147,193 shares, compared to its average volume of 12,964,597. The company has a quick ratio of 10.83, a current ratio of 13.21 and a debt-to-equity ratio of 3.54. The stock has a market capitalization of $16.71 billion, a P/E ratio of 12.98 and a beta of 1.50. CNH GLOBAL N V Foreign has a twelve month low of $9.28 and a twelve month high of $13.87. The stock's fifty day moving average price is $12.09 and its two-hundred day moving average price is $12.01.
CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The business had revenue of $3.83 billion for the quarter, compared to analysts' expectations of $4.47 billion. CNH GLOBAL N V Foreign had a return on equity of 18.00% and a net margin of 6.62%. CNH GLOBAL N V Foreign's revenue was down 20.5% compared to the same quarter last year. Research analysts forecast that CNH GLOBAL N V Foreign will post 0.7 earnings per share for the current year.
CNH GLOBAL N V Foreign Cuts Dividend
The company also recently announced an annual dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st will be given a $0.25 dividend. This represents a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 21st. CNH GLOBAL N V Foreign's dividend payout ratio (DPR) is currently 57.32%.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on CNH. StockNews.com initiated coverage on CNH GLOBAL N V Foreign in a research report on Wednesday, April 30th. They set a "sell" rating for the company. UBS Group raised their target price on CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Northland Capmk raised shares of CNH GLOBAL N V Foreign from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. JPMorgan Chase & Co. boosted their target price on shares of CNH GLOBAL N V Foreign from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Wednesday, January 15th. Finally, Citigroup upped their target price on shares of CNH GLOBAL N V Foreign from $12.00 to $14.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, CNH GLOBAL N V Foreign has an average rating of "Moderate Buy" and a consensus price target of $14.75.
Get Our Latest Stock Analysis on CNH GLOBAL N V Foreign
Institutional Investors Weigh In On CNH GLOBAL N V Foreign
Large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new position in CNH GLOBAL N V Foreign during the 4th quarter worth approximately $25,000. Colonial Trust Co SC acquired a new stake in CNH GLOBAL N V Foreign in the fourth quarter valued at approximately $25,000. Quent Capital LLC bought a new stake in CNH GLOBAL N V Foreign in the fourth quarter worth $26,000. Anchor Investment Management LLC bought a new stake in shares of CNH GLOBAL N V Foreign during the 4th quarter worth about $26,000. Finally, Principal Securities Inc. acquired a new position in CNH GLOBAL N V Foreign during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 59.88% of the company's stock.
About CNH GLOBAL N V Foreign
(
Get Free Report)
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.
See Also
Before you consider CNH GLOBAL N V Foreign, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CNH GLOBAL N V Foreign wasn't on the list.
While CNH GLOBAL N V Foreign currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
