CNH Industrial N.V. (NYSE:CNH) Stock Has Average Price Target of $13.23 According to Brokerages

Key Points

• Analysts have a consensus “Hold” rating on CNH Industrial, with eight buys, six holds and one sell among 15 firms. The average 12-month price target is $13.23, compared with the stock’s reported opening price of $12.45.
• CNH shares have traded between $9.00 and $14.46 over the past year and were reported down 6.2%. Recent analyst actions included upgrades from Robert W. Baird and Evercore, while Truist raised its price target to $17.
• The company beat quarterly expectations with adjusted earnings of $0.13 per share versus a $0.11 estimate and revenue of $4.80 billion. Institutional investors own approximately 59.88% of CNH, with several major funds recently increasing their stakes.

Shares of CNH Industrial N.V. (NYSE:CNH - Get Free Report) have received a consensus recommendation of "Hold" from the fifteen research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $13.23.

Several research analysts have recently commented on the stock. Weiss Ratings upgraded shares of CNH Industrial from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, October 2nd. Robert W. Baird raised shares of CNH Industrial from a "neutral" rating to an "outperform" rating and set a $15.00 price objective for the company in a research note on Monday, August 31st. DA Davidson reiterated a "neutral" rating and issued a $12.00 price objective on shares of CNH Industrial in a report on Wednesday, August 19th. Truist Financial increased their target price on shares of CNH Industrial from $15.00 to $17.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Evercore upgraded CNH Industrial from an "in-line" rating to an "outperform" rating and set a $18.00 target price on the stock in a report on Wednesday, September 2nd.

CNH Industrial Trading Down 6.2%

Shares of NYSE CNH opened at $12.45 on Thursday. The business has a 50 day simple moving average of $12.30 and a 200 day simple moving average of $11.23. CNH Industrial has a 52 week low of $9.00 and a 52 week high of $14.46. The stock has a market cap of $15.41 billion, a price-to-earnings ratio of 49.81 and a beta of 1.20. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23.

CNH Industrial (NYSE:CNH - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.77 billion. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The company's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 earnings per share. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. On average, research analysts predict that CNH Industrial will post 0.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CNH. Bank of New York Mellon Corp increased its stake in shares of CNH Industrial by 267.6% in the first quarter. Bank of New York Mellon Corp now owns 18,425,651 shares of the company's stock worth $202,682,000 after purchasing an additional 13,413,731 shares during the period. Great Lakes Advisors LLC bought a new stake in CNH Industrial during the 2nd quarter valued at approximately $30,453,000. Hsbc Holdings PLC boosted its stake in CNH Industrial by 2,015.7% during the 1st quarter. Hsbc Holdings PLC now owns 2,660,771 shares of the company's stock valued at $29,254,000 after purchasing an additional 2,535,010 shares during the period. Dimensional Fund Advisors LP grew its holdings in CNH Industrial by 8.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 29,204,840 shares of the company's stock valued at $321,185,000 after buying an additional 2,380,087 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in CNH Industrial by 61.3% in the 1st quarter. Sei Investments Co. now owns 4,666,201 shares of the company's stock valued at $51,330,000 after buying an additional 1,774,178 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company's stock.

CNH Industrial Company Profile

CNH Industrial N.V. is a global manufacturer of agriculture and construction equipment. The company develops, produces and sells machinery, technologies and services used in farming, road building, infrastructure development and related industries.

Its agriculture business offers tractors, combines, harvesting equipment, planting and seeding machinery, hay and forage equipment, sprayers and precision-agriculture technologies. Its construction portfolio includes excavators, loaders, dozers, compactors, graders and other equipment.

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