CNH Industrial NV (NYSE:CNHI) was the recipient of a large increase in short interest during the month of November. As of November 29th, there was short interest totalling 9,780,000 shares, an increase of 6.4% from the November 14th total of 9,190,000 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,960,000 shares, the days-to-cover ratio is currently 5.0 days.

Shares of CNHI traded up $0.18 during mid-day trading on Friday, reaching $10.91. 1,610,351 shares of the company’s stock traded hands, compared to its average volume of 1,820,769. The company has a debt-to-equity ratio of 3.90, a quick ratio of 4.46 and a current ratio of 6.03. The business’s 50-day moving average price is $10.93 and its 200-day moving average price is $10.23. The stock has a market capitalization of $14.24 billion, a P/E ratio of 12.23 and a beta of 1.36. CNH Industrial has a 12 month low of $8.41 and a 12 month high of $11.99.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $6.36 billion during the quarter, compared to analyst estimates of $6.50 billion. CNH Industrial had a return on equity of 21.02% and a net margin of 5.46%. The business’s revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. Equities research analysts anticipate that CNH Industrial will post 0.85 EPS for the current year.

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC increased its stake in shares of CNH Industrial by 198.7% during the third quarter. Signaturefd LLC now owns 4,092 shares of the company’s stock valued at $42,000 after acquiring an additional 2,722 shares during the period. Compagnie Lombard Odier SCmA increased its position in shares of CNH Industrial by 98.7% during the 2nd quarter. Compagnie Lombard Odier SCmA now owns 5,962 shares of the company’s stock valued at $61,000 after purchasing an additional 2,962 shares during the period. Neuburgh Advisers LLC increased its position in shares of CNH Industrial by 17.8% during the 2nd quarter. Neuburgh Advisers LLC now owns 9,216 shares of the company’s stock valued at $95,000 after purchasing an additional 1,392 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of CNH Industrial in the 3rd quarter worth $101,000. Finally, Riverhead Capital Management LLC raised its stake in shares of CNH Industrial by 18.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 10,200 shares of the company’s stock worth $105,000 after buying an additional 1,600 shares in the last quarter. 20.32% of the stock is owned by institutional investors.

CNHI has been the topic of several analyst reports. UBS Group increased their target price on CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th. ValuEngine lowered shares of CNH Industrial from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Stephens set a $10.00 price objective on shares of CNH Industrial and gave the stock a “hold” rating in a report on Thursday, August 29th. Finally, Morgan Stanley raised shares of CNH Industrial from an “equal weight” rating to an “overweight” rating in a report on Monday, August 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. CNH Industrial has a consensus rating of “Hold” and an average price target of $11.50.

CNH Industrial Company Profile

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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