CNH Industrial (NYSE:CNH) Downgraded by Wall Street Zen to Sell

Wall Street Zen lowered shares of CNH Industrial (NYSE:CNH) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

Several other research firms have also commented on CNH. Cfra reissued a “hold” rating and set a $11.00 price objective on shares of CNH Industrial in a research note on Monday, November 10th. JPMorgan Chase & Co. lowered shares of CNH Industrial from a “neutral” rating to an “underweight” rating and set a $10.00 target price for the company. in a report on Friday, November 28th. Barclays cut their price target on CNH Industrial from $14.00 to $11.00 and set an “overweight” rating on the stock in a research note on Monday, December 22nd. Weiss Ratings reiterated a “sell (d+)” rating on shares of CNH Industrial in a research note on Monday, December 29th. Finally, Truist Financial set a $12.00 target price on CNH Industrial in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, CNH Industrial currently has an average rating of “Hold” and a consensus target price of $12.97.

CNH Industrial Trading Up 1.1%

NYSE CNH opened at $10.94 on Friday. The firm has a market capitalization of $13.64 billion, a PE ratio of 23.28 and a beta of 1.29. The stock’s 50 day moving average is $9.71 and its 200 day moving average is $11.00. CNH Industrial has a twelve month low of $9.00 and a twelve month high of $14.27. 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 (NYSE:CNH) last posted its quarterly earnings data 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). CNH Industrial had a return on equity of 8.32% and a net margin of 3.35%.The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter last year, the company posted $0.24 EPS. CNH Industrial’s revenue for the quarter was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. Research analysts forecast that CNH Industrial will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling at CNH Industrial

In other CNH Industrial news, Director Vagn O. Sorensen bought 10,385 shares of CNH Industrial stock in a transaction on Tuesday, November 11th. The stock was acquired at an average price of $9.62 per share, with a total value of $99,903.70. Following the acquisition, the director owned 40,396 shares in the company, valued at approximately $388,609.52. This trade represents a 34.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Howard W. Buffett purchased 4,100 shares of the stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average cost of $10.29 per share, for a total transaction of $42,189.00. Following the completion of the acquisition, the director owned 33,403 shares of the company’s stock, valued at approximately $343,716.87. This represents a 13.99% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 73,007 shares of company stock worth $700,182. Insiders own 1.00% of the company’s stock.

Institutional Trading of CNH Industrial

A number of institutional investors have recently made changes to their positions in CNH. Public Employees Retirement System of Ohio raised its holdings in shares of CNH Industrial by 0.3% during the second quarter. Public Employees Retirement System of Ohio now owns 304,527 shares of the company’s stock valued at $3,947,000 after purchasing an additional 999 shares during the last quarter. Benjamin Edwards Inc. grew its position in CNH Industrial by 9.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 11,894 shares of the company’s stock worth $129,000 after purchasing an additional 1,006 shares during the period. TD Private Client Wealth LLC raised its stake in CNH Industrial by 1.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 58,272 shares of the company’s stock valued at $755,000 after buying an additional 1,066 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in CNH Industrial by 0.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 246,000 shares of the company’s stock valued at $3,188,000 after buying an additional 1,100 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of CNH Industrial by 0.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock valued at $2,344,000 after buying an additional 1,100 shares during the period. Hedge funds and other institutional investors own 59.88% of the company’s stock.

About CNH Industrial

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.