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.

Wall Street Analysts Forecast Growth

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

CNH Industrial Trading Up 3.4 %

NYSE:CNHI traded up $0.42 during trading hours on Wednesday, reaching $12.89. 1,647,865 shares of the company were exchanged, compared to its average volume of 5,297,096. The firm has a market cap of $17.48 billion, a price-to-earnings ratio of 11.34 and a beta of 1.70. The stock has a 50 day simple moving average of $12.43 and a 200 day simple moving average of $14.15. CNH Industrial has a 52-week low of $10.60 and a 52-week high of $19.69. The company has a debt-to-equity ratio of 3.16, a current ratio of 6.66 and a quick ratio of 5.29.

CNH Industrial (NYSE:CNHI - Get Rating) last issued its earnings results on Friday, July 29th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06. CNH Industrial had a return on equity of 28.28% and a net margin of 5.42%. The business had revenue of $6.08 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same period last year, the company posted $0.42 EPS. The business's quarterly revenue was down 31.7% on a year-over-year basis. As a group, analysts predict that CNH Industrial will post 1.38 EPS for the current year.