CNH Industrial N.V. (NYSE:CNH) Receives $15.21 Average Target Price from Analysts

Key Points

• CNH Industrial N.V. has received a consensus rating of "Moderate Buy" from fourteen ratings firms, with five analysts holding, eight buying, and one strongly buying the stock.
• The company's recent quarterly earnings reported $0.17 earnings per share, surpassing consensus estimates, although revenue declined 14.2% year-over-year.
• Hedge funds and institutional investors own 59.88% of CNH Industrial's stock, highlighting significant interest from larger investors in the company.

CNH Industrial N.V. (NYSE:CNH - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fourteen research firms that are presently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $15.2083.

CNH has been the subject of a number of recent analyst reports. Morgan Stanley dropped their price target on CNH Industrial from $16.50 to $15.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Citigroup lifted their price target on CNH Industrial from $14.00 to $16.00 and gave the company a "buy" rating in a report on Friday, May 30th. The Goldman Sachs Group lowered shares of CNH Industrial from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $12.50 to $11.50 in a report on Wednesday, July 16th. 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. Finally, Evercore ISI increased 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 note on Monday, May 19th.

CNH Industrial Price Performance

Shares of CNH traded up $0.20 during trading hours on Friday, hitting $12.72. The stock had a trading volume of 2,197,762 shares, compared to its average volume of 18,169,773. The stock has a market capitalization of $15.90 billion, a price-to-earnings ratio of 19.56 and a beta of 1.54. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. The company's fifty day moving average is $12.95 and its two-hundred day moving average is $12.61. CNH Industrial has a 52 week low of $9.63 and a 52 week high of $14.27.

CNH Industrial (NYSE:CNH - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.47 billion. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company's revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.38 earnings per share. On average, analysts anticipate that CNH Industrial will post 0.7 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CNH. Public Employees Retirement System of Ohio increased its holdings in CNH Industrial by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company's stock valued at $3,947,000 after purchasing an additional 999 shares during the last quarter. Mission Wealth Management LP grew its position in shares of CNH Industrial by 3.0% during the 1st quarter. Mission Wealth Management LP now owns 36,842 shares of the company's stock worth $452,000 after buying an additional 1,056 shares during the period. TD Private Client Wealth LLC grew its position in shares of CNH Industrial by 1.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company's stock worth $755,000 after buying an additional 1,066 shares during the period. Louisiana State Employees Retirement System increased its stake in shares of CNH Industrial by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company's stock valued at $3,188,000 after acquiring an additional 1,100 shares during the last quarter. Finally, MAI Capital Management raised its position in shares of CNH Industrial by 17.0% in the 2nd quarter. MAI Capital Management now owns 7,796 shares of the company's stock valued at $101,000 after acquiring an additional 1,133 shares during the period. Institutional investors and hedge funds own 59.88% of the company's stock.

About CNH Industrial

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.