DA Davidson Reaffirms Neutral Rating for CNH Industrial (NYSE:CNH)

CNH Industrial (NYSE:CNH)‘s stock had its “neutral” rating reiterated by stock analysts at DA Davidson in a research note issued to investors on Monday,Benzinga reports. They presently have a $12.00 target price on the stock. DA Davidson’s target price would suggest a potential upside of 18.39% from the company’s previous close.

Other analysts have also issued research reports about the stock. Robert W. Baird boosted their price target on shares of CNH Industrial from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Weiss Ratings upgraded shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Wall Street Zen upgraded shares of CNH Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, February 21st. UBS Group decreased their price target on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Finally, Barclays boosted their price target on shares of CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Six analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, CNH Industrial has a consensus rating of “Hold” and a consensus price target of $13.19.

CNH Industrial Stock Down 3.3%

Shares of CNH Industrial stock traded down $0.34 during trading on Monday, reaching $10.14. 4,247,174 shares of the company traded hands, compared to its average volume of 15,227,689. The company has a debt-to-equity ratio of 3.32, a current ratio of 12.27 and a quick ratio of 10.17. CNH Industrial has a 1-year low of $9.00 and a 1-year high of $14.27. The company has a 50 day moving average price of $11.05 and a 200-day moving average price of $10.62. The firm has a market capitalization of $12.58 billion, a PE ratio of 32.85, a P/E/G ratio of 1.52 and a beta of 1.18.

CNH Industrial (NYSE:CNH) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.80 billion. CNH Industrial had a net margin of 2.13% and a return on equity of 7.48%. CNH Industrial’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.10 EPS. CNH Industrial has set its FY 2026 guidance at 0.35-0.45 EPS. As a group, equities research analysts expect that CNH Industrial will post 0.4 earnings per share for the current fiscal year.

Institutional Trading of CNH Industrial

Several institutional investors have recently made changes to their positions in the company. Benjamin Edwards Inc. grew its stake in shares of 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 acquiring an additional 1,006 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of CNH Industrial by 0.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 180,900 shares of the company’s stock worth $2,344,000 after acquiring an additional 1,100 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of CNH Industrial by 2.6% in the 4th quarter. ProShare Advisors LLC now owns 47,074 shares of the company’s stock worth $434,000 after acquiring an additional 1,187 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of CNH Industrial by 0.5% in the 3rd quarter. Louisiana State Employees Retirement System now owns 247,200 shares of the company’s stock worth $2,682,000 after acquiring an additional 1,200 shares in the last quarter. Finally, State of Michigan Retirement System grew its stake in shares of CNH Industrial by 0.5% in the 3rd quarter. State of Michigan Retirement System now owns 246,300 shares of the company’s stock worth $2,672,000 after acquiring an additional 1,200 shares in the last quarter. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Company Profile

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.