CNH Industrial (NYSE:CNH) Stock Breaks Below 200-Day Moving Average - Here's What Happened

Key Points

• CNH Industrial shares fell below their 200-day moving average of $11.31, reaching $11.08 before closing at $11.2450 on heavy volume of approximately 16.7 million shares.
• Analyst views remain mixed: the consensus rating is Hold with a $13.39 price target, although Robert W. Baird and Evercore upgraded the stock to outperform with targets of $15 and $18, respectively.
• CNH beat quarterly expectations with $0.13 in EPS versus $0.11 forecast and $4.80 billion in revenue, while institutional investors own 59.88% of the company’s shares.

CNH Industrial N.V. (NYSE:CNH - Get Free Report) passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $11.31 and traded as low as $11.08. CNH Industrial shares last traded at $11.2450, with a volume of 16,677,181 shares traded.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CNH shares. Robert W. Baird raised CNH Industrial from a "neutral" rating to an "outperform" rating and set a $15.00 target price for the company in a research note on Monday, August 31st. DA Davidson restated a "neutral" rating and issued a $12.00 target price on shares of CNH Industrial in a report on Wednesday, August 19th. Sanford C. Bernstein reiterated a "market perform" rating on shares of CNH Industrial in a report on Tuesday, August 4th. Evercore raised shares of CNH Industrial from an "in-line" rating to an "outperform" rating and set a $18.00 target price for the company in a research note on Wednesday, September 2nd. Finally, JPMorgan Chase & Co. boosted their target price on CNH Industrial from $10.00 to $11.00 and gave the company an "underweight" rating in a research report on Thursday, October 8th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $13.39.

CNH Industrial Price Performance

The company has a current ratio of 12.23, a quick ratio of 10.16 and a debt-to-equity ratio of 3.33. The stock has a market capitalization of $13.92 billion, a price-to-earnings ratio of 44.98 and a beta of 1.20. The company's 50 day moving average is $12.48 and its 200 day moving average is $11.31.

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

Hedge Funds Weigh In On CNH Industrial

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Reyes Financial Architecture Inc. purchased a new position in CNH Industrial during the third quarter worth about $41,000. Root Financial Partners LLC lifted its holdings in shares of CNH Industrial by 204.4% in the first quarter. Root Financial Partners LLC now owns 5,491 shares of the company's stock valued at $60,000 after purchasing an additional 3,687 shares in the last quarter. Parallel Advisors LLC increased its position in CNH Industrial by 33.4% during the first quarter. Parallel Advisors LLC now owns 6,325 shares of the company's stock worth $70,000 after buying an additional 1,585 shares in the last quarter. Fifth Third Bancorp lifted its holdings in CNH Industrial by 41.2% in the 1st quarter. Fifth Third Bancorp now owns 6,932 shares of the company's stock valued at $76,000 after purchasing an additional 2,021 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in CNH Industrial during the second quarter worth approximately $104,000. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

About CNH Industrial

CNH Industrial N.V. NYSE: CNH is a global equipment, technology and services company focused primarily on agriculture and construction. The company develops, manufactures and distributes machinery and solutions used by farmers, contractors and other customers in industries that support food production, infrastructure and land management.

Its agriculture portfolio includes tractors, combines, harvesting equipment, hay and forage machinery, planting and seeding systems, crop protection equipment and precision-agriculture technologies.

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