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

Shares of CNH Industrial N.V. (NYSE:CNH - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the fourteen research firms that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $15.08.

A number of analysts recently issued reports on CNH shares. Evercore ISI lifted their price objective on CNH Industrial from $13.00 to $15.00 and gave the company an "in-line" rating in a research report on Monday, May 19th. UBS Group lifted their price objective on CNH Industrial from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Northland Securities raised CNH Industrial from a "market perform" rating to an "outperform" rating and set a $18.00 price target for the company in a research report on Friday, April 11th. Truist Financial reduced their price target on CNH Industrial from $17.00 to $16.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Oppenheimer reduced their price target on CNH Industrial from $16.00 to $15.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd.

CNH Industrial Stock Down 0.8%

Shares of CNH stock opened at $13.36 on Tuesday. CNH Industrial has a 1 year low of $9.28 and a 1 year high of $14.27. The stock has a market cap of $16.69 billion, a PE ratio of 16.29 and a beta of 1.50. The business's fifty day moving average is $12.99 and its 200-day moving average is $12.43. The company has a debt-to-equity ratio of 3.29, a quick ratio of 11.18 and a current ratio of 13.41.

CNH Industrial (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 Industrial had a return on equity of 14.32% and a net margin of 5.53%. CNH Industrial's revenue was down 20.5% compared to the same quarter last year. Equities analysts expect that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Transactions at CNH Industrial

In other news, CTO Jay Schroeder sold 2,154 shares of the stock in a transaction on Friday, May 9th. The stock was sold at an average price of $12.70, for a total value of $27,355.80. Following the transaction, the chief technology officer owned 32,762 shares of the company's stock, valued at $416,077.40. This represents a 6.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kelly Manley sold 3,575 shares of the stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $45,402.50. Following the completion of the transaction, the insider directly owned 161,473 shares in the company, valued at approximately $2,050,707.10. This trade represents a 2.17% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,246 shares of company stock worth $511,732 in the last quarter. 1.00% of the stock is owned by corporate insiders.

Institutional Trading of CNH Industrial

Hedge funds have recently added to or reduced their stakes in the business. Bank Pictet & Cie Europe AG bought a new position in CNH Industrial during the 4th quarter worth about $1,937,000. Victory Capital Management Inc. bought a new position in CNH Industrial during the 4th quarter worth about $708,000. Atria Investments Inc bought a new position in CNH Industrial during the 4th quarter worth about $334,000. Proficio Capital Partners LLC bought a new position in CNH Industrial during the 4th quarter worth about $221,000. Finally, PNC Financial Services Group Inc. bought a new position in CNH Industrial during the 4th quarter worth about $365,000. 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.

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