CNH Industrial (NYSE:CNHI) was upgraded by TheStreet from a “d+” rating to a “c” rating in a report issued on Friday.

Several other equities analysts have also recently weighed in on the company. ValuEngine upgraded CNH Industrial from a “sell” rating to a “hold” rating in a research report on Tuesday, July 31st. Zacks Investment Research raised CNH Industrial from a “sell” rating to a “hold” rating and set a $13.00 price objective for the company in a research note on Monday, July 30th. Bank of America dropped their price objective on CNH Industrial from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Monday, July 30th. Stifel Nicolaus dropped their price objective on CNH Industrial from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Monday, July 30th. Finally, Seaport Global Securities reissued a “buy” rating and set a $15.00 price objective on shares of CNH Industrial in a research note on Monday, July 23rd. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $14.65.

Shares of NYSE CNHI opened at $11.72 on Friday. The firm has a market capitalization of $15.81 billion, a PE ratio of 24.42 and a beta of 1.06. CNH Industrial has a fifty-two week low of $10.09 and a fifty-two week high of $15.65. The company has a debt-to-equity ratio of 5.32, a current ratio of 5.06 and a quick ratio of 3.92.

CNH Industrial (NYSE:CNHI) last announced its quarterly earnings results on Thursday, July 26th. The company reported $0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.07. The company had revenue of $8.05 billion during the quarter, compared to analysts’ expectations of $7.50 billion. CNH Industrial had a return on equity of 20.95% and a net margin of 2.03%. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.19 earnings per share. equities research analysts predict that CNH Industrial will post 0.74 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Citigroup Inc. boosted its stake in CNH Industrial by 13.1% during the first quarter. Citigroup Inc. now owns 1,284,340 shares of the company’s stock valued at $15,926,000 after buying an additional 149,108 shares during the period. Eagle Global Advisors LLC boosted its stake in CNH Industrial by 25.0% during the second quarter. Eagle Global Advisors LLC now owns 135,000 shares of the company’s stock valued at $1,422,000 after buying an additional 27,000 shares during the period. Van ECK Associates Corp lifted its stake in CNH Industrial by 8.3% during the first quarter. Van ECK Associates Corp now owns 2,588,364 shares of the company’s stock worth $32,096,000 after purchasing an additional 197,927 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in CNH Industrial by 308.6% during the first quarter. JPMorgan Chase & Co. now owns 6,749,007 shares of the company’s stock worth $83,688,000 after purchasing an additional 5,097,463 shares during the last quarter. Finally, Gabelli Funds LLC lifted its stake in CNH Industrial by 3.4% during the first quarter. Gabelli Funds LLC now owns 5,516,754 shares of the company’s stock worth $68,408,000 after purchasing an additional 180,500 shares during the last quarter. 18.94% of the stock is owned by institutional investors.

About CNH Industrial

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide. The company operates in five segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services.

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Analyst Recommendations for CNH Industrial (NYSE:CNHI)

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