CNH Industrial - CNHI Stock Forecast, Price & News

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles in North America, Europe, South America, and internationally. It operates through five segments: Agriculture, Construction, Commercial and Specialty Vehicles, Powertrain, and Financial. The Agriculture segment provides farm machinery and implements that include two-and four-wheel drive tractors, crawler tractors, combines, cotton pickers, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements, and material handling equipment under the New Holland Agriculture, Case IH, STEYR, Miller, Kongskilde, Överum, K-Line, and JF brands. The Construction segment offers excavators, crawler dozers, graders, wheel and backhoe loaders, and skid steer and compact track loaders under the CASE Construction and New Holland Construction brands. The Commercial and Specialty Vehicles segment provides light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand; commuter buses and city-buses under the IVECO BUS and Heuliez Bus brands; quarry and mining equipment under the IVECO ASTRA brand; firefighting vehicles under the Magirus brand; and vehicles for civil defense and peace-keeping missions under the Iveco Defence Vehicles brand. The Powertrain segment offers engines, transmission systems, and axles for on- and off-road applications, as well as for marine and power generation under the FPT Industrial brand. The Financial Services segment provides and administers retail financing to customers for the purchase or lease of new and used industrial equipment or vehicles, and other equipment; wholesale financing, which primarily consists of floor plan financing; and trade receivables factoring services. The company was founded in 1842 and is headquartered in London, the United Kingdom.

CNH Industrial Stock Up 1.4 %

CNHI traded up $0.18 during trading on Thursday, hitting $13.07. The company had a trading volume of 2,205,841 shares, compared to its average volume of 5,276,897. The firm's 50-day moving average price is $12.39 and its 200 day moving average price is $14.14. The company has a quick ratio of 5.29, a current ratio of 6.66 and a debt-to-equity ratio of 3.16. CNH Industrial has a one year low of $10.60 and a one year high of $19.69. The company has a market capitalization of $17.72 billion, a PE ratio of 11.75 and a beta of 1.70.

CNH Industrial (NYSE:CNHI - Get Rating) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.06. CNH Industrial had a net margin of 5.42% and a return on equity of 28.28%. The business had revenue of $6.08 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same quarter in the prior year, the business earned $0.42 EPS. CNH Industrial's quarterly revenue was down 31.7% on a year-over-year basis. As a group, equities analysts expect that CNH Industrial will post 1.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group set a $18.00 target price on shares of CNH Industrial in a research note on Monday, June 20th. JPMorgan Chase & Co. cut their target price on shares of CNH Industrial from $20.00 to $14.00 and set an "overweight" rating for the company in a research note on Tuesday, July 12th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of CNH Industrial from $16.00 to $17.00 in a research note on Monday, August 1st. Citigroup cut their target price on shares of CNH Industrial from $19.00 to $13.00 in a research note on Thursday, July 7th. Finally, Morgan Stanley lowered their price target on shares of CNH Industrial from $21.00 to $16.00 and set an "overweight" rating for the company in a report on Monday, July 18th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $17.34.