CNH Industrial N.V. (NYSE:CNH) Receives Average Recommendation of "Moderate Buy" from Brokerages

CNH Industrial N.V. (NYSE:CNH - Get Free Report) has received an average recommendation of "Moderate Buy" from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $15.08.

A number of research analysts have weighed in on CNH shares. Oppenheimer dropped their price objective on shares of CNH Industrial from $16.00 to $15.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Baird R W lowered shares of CNH Industrial from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 3rd. Morgan Stanley dropped their price target on shares of CNH Industrial from $16.50 to $15.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Northland Capmk raised shares of CNH Industrial from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. Finally, Wall Street Zen initiated coverage on shares of CNH Industrial in a research report on Wednesday, April 30th. They set a "sell" rating on the stock.

Insider Activity at CNH Industrial

In related news, CTO Jay Schroeder sold 2,154 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $27,355.80. Following the completion of the sale, the chief technology officer now directly owns 32,762 shares in the company, valued at approximately $416,077.40. The trade was a 6.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Suzanne Heywood sold 11,053 shares of the company's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $140,373.10. Following the completion of the transaction, the director now owns 566,905 shares of the company's stock, valued at approximately $7,199,693.50. The trade was a 1.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,246 shares of company stock valued at $511,732 in the last three months. Company insiders own 0.23% of the company's stock.

Hedge Funds Weigh In On CNH Industrial

Hedge funds have recently modified their holdings of the stock. Colonial Trust Co SC purchased a new position in shares of CNH Industrial in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC purchased a new position in shares of CNH Industrial in the fourth quarter worth $25,000. Anchor Investment Management LLC purchased a new position in shares of CNH Industrial in the fourth quarter worth $26,000. Global X Japan Co. Ltd. purchased a new position in shares of CNH Industrial in the first quarter worth $29,000. Finally, Twin Tree Management LP lifted its holdings in shares of CNH Industrial by 1,068.0% in the first quarter. Twin Tree Management LP now owns 2,362 shares of the company's stock worth $29,000 after buying an additional 2,606 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company's stock.

CNH Industrial Stock Performance

NYSE CNH traded down $0.06 during trading on Friday, reaching $12.73. The company's stock had a trading volume of 27,389,016 shares, compared to its average volume of 14,028,935. The firm has a 50 day moving average price of $12.49 and a 200 day moving average price of $12.27. CNH Industrial has a 12 month low of $9.28 and a 12 month high of $13.87. The company has a current ratio of 13.41, a quick ratio of 11.18 and a debt-to-equity ratio of 3.29. The firm has a market capitalization of $15.91 billion, a price-to-earnings ratio of 15.52 and a beta of 1.52.

CNH Industrial (NYSE:CNH - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. CNH Industrial had a net margin of 5.53% and a return on equity of 14.32%. The firm had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. The firm's revenue for the quarter was down 20.5% on a year-over-year basis. As a group, equities analysts anticipate that CNH Industrial will post 0.7 EPS for the current fiscal year.

CNH Industrial Cuts Dividend

The firm also recently declared an annual dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a yield of 3.8%.

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.