CNH Industrial (NYSE:CNH) Issues Quarterly Earnings Results

CNH Industrial (NYSE:CNH) posted its quarterly earnings data on Friday. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05), Zacks reports. The company had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.22 billion. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%.The firm’s revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 earnings per share. CNH Industrial updated its FY 2025 guidance to 0.440-0.50 EPS.

CNH Industrial Price Performance

CNH stock traded down $0.61 during midday trading on Friday, hitting $9.65. 35,861,290 shares of the stock were exchanged, compared to its average volume of 16,447,439. The stock’s 50-day moving average price is $10.77 and its 200-day moving average price is $12.04. The company has a debt-to-equity ratio of 3.52, a quick ratio of 10.34 and a current ratio of 12.33. The stock has a market cap of $12.07 billion, a price-to-earnings ratio of 14.84 and a beta of 1.52. CNH Industrial has a fifty-two week low of $9.00 and a fifty-two week high of $14.27.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Oppenheimer decreased their price target on CNH Industrial from $16.00 to $13.00 and set an “outperform” rating for the company in a report on Thursday, September 18th. Barclays reduced their target price on shares of CNH Industrial from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Monday, October 20th. Truist Financial lowered their target price on shares of CNH Industrial from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. JPMorgan Chase & Co. cut their price target on shares of CNH Industrial from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, September 2nd. Finally, The Goldman Sachs Group lowered CNH Industrial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $12.50 to $11.50 in a report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, CNH Industrial has a consensus rating of “Moderate Buy” and an average price target of $14.65.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. grew its holdings in CNH Industrial by 64.5% during the 2nd quarter. Osaic Holdings Inc. now owns 34,802 shares of the company’s stock valued at $446,000 after buying an additional 13,641 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of CNH Industrial in the second quarter valued at $61,000. SkyView Investment Advisors LLC boosted its stake in shares of CNH Industrial by 2.1% during the second quarter. SkyView Investment Advisors LLC now owns 74,012 shares of the company’s stock valued at $964,000 after acquiring an additional 1,532 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of CNH Industrial by 26.2% during the second quarter. Corient Private Wealth LLC now owns 34,570 shares of the company’s stock valued at $448,000 after acquiring an additional 7,186 shares during the last quarter. Finally, Man Group plc increased its position in CNH Industrial by 29.5% during the 2nd quarter. Man Group plc now owns 1,551,865 shares of the company’s stock worth $20,112,000 after purchasing an additional 353,667 shares in the last quarter. 59.88% of the stock is currently owned by institutional investors and hedge funds.

CNH Industrial Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.