Brokerages Set CNH Industrial N.V. (NYSE:CNH) Target Price at $12.97

CNH Industrial N.V. (NYSE:CNH) has been assigned an average rating of “Hold” from the fifteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $12.9667.

Several equities analysts recently commented on CNH shares. Cfra reaffirmed a “hold” rating and set a $11.00 price target on shares of CNH Industrial in a research report on Monday, November 10th. Wall Street Zen raised shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Raymond James Financial dropped their price objective on CNH Industrial from $15.00 to $14.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. Truist Financial set a $12.00 target price on CNH Industrial in a report on Wednesday, January 14th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of CNH Industrial in a research report on Monday, December 29th.

CNH Industrial Price Performance

Shares of NYSE:CNH opened at $11.96 on Friday. The company has a market cap of $14.91 billion, a P/E ratio of 25.45 and a beta of 1.29. The company has a quick ratio of 10.82, a current ratio of 13.01 and a debt-to-equity ratio of 3.49. CNH Industrial has a 52 week low of $9.00 and a 52 week high of $14.27. The business has a fifty day simple moving average of $10.04 and a 200-day simple moving average of $10.78.

CNH Industrial (NYSE:CNH) last issued its quarterly earnings results on Friday, November 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). The business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a return on equity of 8.32% and a net margin of 3.35%.The firm’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.24 earnings per share. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Equities research analysts forecast that CNH Industrial will post 0.7 EPS for the current year.

Insider Transactions at CNH Industrial

In other CNH Industrial news, Director Suzanne Heywood acquired 52,522 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was bought at an average cost of $9.52 per share, for a total transaction of $500,009.44. Following the completion of the purchase, the director directly owned 619,427 shares in the company, valued at $5,896,945.04. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Howard W. Buffett bought 4,100 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average cost of $10.29 per share, for a total transaction of $42,189.00. Following the purchase, the director owned 33,403 shares in the company, valued at approximately $343,716.87. This trade represents a 13.99% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 73,007 shares of company stock worth $700,182. 1.00% of the stock is currently owned by company insiders.

Institutional Trading of CNH Industrial

Several large investors have recently added to or reduced their stakes in CNH. Independent Advisor Alliance lifted its stake in shares of CNH Industrial by 14.7% during the fourth quarter. Independent Advisor Alliance now owns 11,862 shares of the company’s stock worth $109,000 after purchasing an additional 1,516 shares in the last quarter. Legacy Financial Advisors Inc. purchased a new stake in shares of CNH Industrial during the 4th quarter valued at about $413,000. Asahi Life Asset Management CO. LTD. acquired a new position in CNH Industrial during the 4th quarter worth approximately $310,000. Manning & Napier Advisors LLC boosted its holdings in CNH Industrial by 15.7% in the 4th quarter. Manning & Napier Advisors LLC now owns 83,209 shares of the company’s stock worth $777,000 after acquiring an additional 11,280 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new position in CNH Industrial in the 4th quarter worth approximately $287,000. 59.88% of the stock is currently owned by institutional investors and hedge funds.

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.