Analysts Set CNH Industrial (NYSE:CNHI) Price Target at $15.20

CNH Industrial (NYSE:CNHI) has been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $15.20.

Several analysts have weighed in on the company. Robert W. Baird boosted their price objective on CNH Industrial from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, February 15th. StockNews.com cut CNH Industrial from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. Truist Financial assumed coverage on CNH Industrial in a report on Thursday, March 14th. They set a “buy” rating and a $18.00 price objective for the company. The Goldman Sachs Group raised CNH Industrial from a “neutral” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Wednesday, January 17th. Finally, DA Davidson assumed coverage on CNH Industrial in a report on Tuesday, January 23rd. They set a “neutral” rating and a $13.00 price objective for the company.

Institutional Trading of CNH Industrial

A number of large investors have recently bought and sold shares of the business. Private Advisor Group LLC increased its stake in CNH Industrial by 9.4% during the 4th quarter. Private Advisor Group LLC now owns 12,709 shares of the company’s stock worth $155,000 after purchasing an additional 1,090 shares in the last quarter. CWM LLC boosted its position in CNH Industrial by 20.9% during the 4th quarter. CWM LLC now owns 6,508 shares of the company’s stock worth $79,000 after acquiring an additional 1,125 shares during the last quarter. Point72 Middle East FZE boosted its position in CNH Industrial by 1.5% during the 2nd quarter. Point72 Middle East FZE now owns 75,291 shares of the company’s stock worth $1,084,000 after acquiring an additional 1,148 shares during the last quarter. Public Sector Pension Investment Board boosted its position in CNH Industrial by 0.3% during the 3rd quarter. Public Sector Pension Investment Board now owns 364,900 shares of the company’s stock worth $4,458,000 after acquiring an additional 1,223 shares during the last quarter. Finally, Glenmede Trust Co. NA boosted its position in CNH Industrial by 12.8% during the 3rd quarter. Glenmede Trust Co. NA now owns 11,282 shares of the company’s stock worth $137,000 after acquiring an additional 1,280 shares during the last quarter. 59.88% of the stock is owned by institutional investors.

CNH Industrial Stock Down 1.2 %

Shares of NYSE:CNHI opened at $12.55 on Friday. The company’s fifty day moving average is $12.37 and its 200-day moving average is $11.73. The company has a market capitalization of $15.76 billion, a PE ratio of 7.17 and a beta of 1.65. The company has a debt-to-equity ratio of 3.34, a quick ratio of 7.86 and a current ratio of 9.32. CNH Industrial has a 52 week low of $9.77 and a 52 week high of $15.74.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.42. The business had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.50 billion. CNH Industrial had a net margin of 9.60% and a return on equity of 29.59%. The firm’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.36 EPS. Equities research analysts predict that CNH Industrial will post 1.56 earnings per share for the current fiscal year.

CNH Industrial Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Wednesday, May 29th. Investors of record on Monday, May 13th will be paid a dividend of $0.47 per share. This represents a yield of 3.71%. This is a boost from CNH Industrial’s previous annual dividend of $0.39. The ex-dividend date of this dividend is Friday, May 10th.

CNH Industrial Company Profile

CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.