Equities research analysts expect that CNH Industrial NV (NYSE:CNHI) will announce earnings per share of $0.13 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for CNH Industrial’s earnings, with the highest EPS estimate coming in at $0.14 and the lowest estimate coming in at $0.11. CNH Industrial reported earnings per share of $0.11 in the same quarter last year, which suggests a positive year over year growth rate of 18.2%. The business is scheduled to report its next quarterly earnings results before the market opens on Wednesday, November 7th.

According to Zacks, analysts expect that CNH Industrial will report full-year earnings of $0.73 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.77. For the next financial year, analysts anticipate that the business will post earnings of $0.85 per share, with EPS estimates ranging from $0.81 to $0.88. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover CNH Industrial.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings data on Thursday, July 26th. The company reported $0.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.07. CNH Industrial had a return on equity of 20.95% and a net margin of 2.03%. The business had revenue of $8.05 billion for the quarter, compared to the consensus estimate of $7.50 billion. During the same period last year, the business earned $0.19 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year.

A number of research analysts recently weighed in on CNHI shares. Deutsche Bank assumed coverage on CNH Industrial in a research note on Wednesday, September 5th. They issued a “hold” rating and a $158.00 price objective on the stock. Zacks Investment Research raised CNH Industrial from a “sell” rating to a “hold” rating and set a $13.00 price target on the stock in a research report on Monday, July 30th. TheStreet raised CNH Industrial from a “d+” rating to a “c” rating in a research report on Friday, August 17th. Bank of America dropped their price target on CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, July 30th. Finally, Seaport Global Securities reaffirmed a “buy” rating and issued a $15.00 price target on shares of CNH Industrial in a research report on Monday, July 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. CNH Industrial has a consensus rating of “Hold” and a consensus target price of $28.70.

Shares of CNHI stock traded down $0.04 during trading on Friday, reaching $10.58. The company had a trading volume of 2,001,385 shares, compared to its average volume of 1,304,099. The company has a debt-to-equity ratio of 5.32, a quick ratio of 3.92 and a current ratio of 5.06. CNH Industrial has a one year low of $10.09 and a one year high of $15.65. The company has a market capitalization of $14.47 billion, a price-to-earnings ratio of 22.04 and a beta of 1.06.

Hedge funds and other institutional investors have recently modified their holdings of the business. Van ECK Associates Corp increased its position in CNH Industrial by 4.8% in the 2nd quarter. Van ECK Associates Corp now owns 2,713,097 shares of the company’s stock worth $28,569,000 after buying an additional 124,733 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of CNH Industrial by 24.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 23,294 shares of the company’s stock valued at $248,000 after purchasing an additional 4,623 shares during the period. Navellier & Associates Inc increased its position in shares of CNH Industrial by 5.6% during the second quarter. Navellier & Associates Inc now owns 321,660 shares of the company’s stock valued at $3,387,000 after purchasing an additional 17,082 shares during the period. Gamco Investors INC. ET AL increased its position in shares of CNH Industrial by 5.3% during the second quarter. Gamco Investors INC. ET AL now owns 11,522,773 shares of the company’s stock valued at $121,335,000 after purchasing an additional 583,833 shares during the period. Finally, Eagle Global Advisors LLC increased its position in shares of 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 purchasing an additional 27,000 shares during the period. 18.89% of the stock is currently 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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Earnings History and Estimates for CNH Industrial (NYSE:CNHI)

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