CNH Industrial (NYSE:CNH) Reaches New 12-Month High - Time to Buy?

Key Points

• CNH Industrial reached a new 52-week high, trading as high as $13.31 after closing at $12.50, with nearly 14.4 million shares changing hands.
• Analyst sentiment is mixed: seven analysts rate the stock a Buy, five Hold and two Sell, producing a consensus rating of “Hold” and an average price target of $12.72.
• CNH exceeded quarterly expectations with earnings of $0.13 per share versus $0.11 expected and revenue of $4.80 billion, while institutional investors own 59.88% of the shares.

CNH Industrial N.V. (NYSE:CNH - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $13.31 and last traded at $13.3590, with a volume of 14354899 shares. The stock had previously closed at $12.50.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CNH shares. Weiss Ratings cut CNH Industrial from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. BMO Capital Markets boosted their target price on CNH Industrial from $11.00 to $12.00 and gave the company a "market perform" rating in a research note on Tuesday, August 4th. Truist Financial restated a "buy" rating and set a $15.00 price objective (down from $16.00) on shares of CNH Industrial in a report on Tuesday, August 4th. Robert W. Baird upgraded CNH Industrial from a "neutral" rating to an "outperform" rating and set a $15.00 target price on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. boosted their price target on shares of CNH Industrial from $9.50 to $10.00 and gave the stock an "underweight" rating in a research report on Monday, July 13th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $12.72.

CNH Industrial Price Performance

The company has a debt-to-equity ratio of 3.33, a current ratio of 12.23 and a quick ratio of 10.16. The stock has a market cap of $16.37 billion, a price-to-earnings ratio of 52.86, a price-to-earnings-growth ratio of 2.08 and a beta of 1.17. The business's 50-day simple moving average is $10.86 and its two-hundred day simple moving average is $10.92.

CNH Industrial (NYSE:CNH - Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.77 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%.The business's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Research analysts expect that CNH Industrial N.V. will post 0.45 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC purchased a new position in CNH Industrial in the third quarter valued at approximately $29,000. Rothschild Investment LLC lifted its position in shares of CNH Industrial by 1,734.2% during the 4th quarter. Rothschild Investment LLC now owns 3,485 shares of the company's stock valued at $32,000 after buying an additional 3,295 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of CNH Industrial during the 4th quarter valued at $34,000. Advisory Services Network LLC bought a new position in CNH Industrial during the third quarter worth about $37,000. Finally, Clearstead Advisors LLC increased its stake in shares of CNH Industrial by 52.5% in the fourth quarter. Clearstead Advisors LLC now owns 5,145 shares of the company's stock worth $47,000 after purchasing an additional 1,771 shares in the last quarter. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

CNH Industrial Company Profile

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company's product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.

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