CNH Industrial (NYSE:CNH) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Key Points

• CNH Industrial reported a quarterly earnings per share (EPS) of $0.17, exceeding the consensus estimate of $0.16 by $0.01, although revenue decreased by 14.2% compared to the previous year.
• The company's stock price declined by 3.6% during trading hours, closing at $12.49, with an average trading volume significantly lower than its norm.
• Several analysts provided mixed ratings on CNH Industrial, with a consensus rating of "Moderate Buy" and a target price averaging $14.88.

CNH Industrial (NYSE:CNH - Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01, Zacks reports. The firm had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.47 billion. CNH Industrial had a return on equity of 14.32% and a net margin of 5.53%. The company's quarterly revenue was down 14.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.38 earnings per share. CNH Industrial updated its FY 2025 guidance to 0.500-0.700 EPS.

CNH Industrial Stock Down 3.6%

CNH Industrial stock traded down $0.47 during trading hours on Friday, hitting $12.49. 14,891,763 shares of the stock traded hands, compared to its average volume of 18,619,918. CNH Industrial has a one year low of $9.28 and a one year high of $14.27. The firm's 50-day moving average price is $12.98 and its two-hundred day moving average price is $12.59. 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 company has a market cap of $15.61 billion, a PE ratio of 15.26 and a beta of 1.50.

Insider Transactions at CNH Industrial

In other CNH Industrial news, CFO Oddone Incisa sold 22,515 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 $285,940.50. Following the transaction, the chief financial officer owned 856,574 shares in the company, valued at approximately $10,878,489.80. This represents a 2.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kelly Manley sold 3,575 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 value of $45,402.50. Following the completion of the sale, the insider owned 161,473 shares in the company, valued at $2,050,707.10. The trade was a 2.17% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,246 shares of company stock worth $511,732 over the last quarter. Insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On CNH Industrial

An institutional investor recently raised its position in CNH Industrial stock. Integrated Wealth Concepts LLC raised its holdings in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 12.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,143 shares of the company's stock after acquiring an additional 1,772 shares during the quarter. Integrated Wealth Concepts LLC's holdings in CNH Industrial were worth $198,000 as of its most recent SEC filing. 59.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CNH shares. Northland Securities raised CNH Industrial from a "market perform" rating to an "outperform" rating and set a $18.00 price objective for the company in a report on Friday, April 11th. The Goldman Sachs Group lowered 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. UBS Group increased their target price on CNH Industrial from $13.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Morgan Stanley dropped their target price on CNH Industrial from $16.50 to $15.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Wall Street Zen started coverage on CNH Industrial in a research report on Wednesday, April 30th. They set a "sell" rating on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, CNH Industrial currently has a consensus rating of "Moderate Buy" and an average target price of $14.88.

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.

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