CNH Industrial N.V. (NYSE:CNH) Stock Has Average Price Target of $13.23

CNH Industrial N.V. (NYSE:CNH) has been assigned an average recommendation of “Hold” from the fifteen analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $13.30.

CNH has been the subject of a number of recent analyst reports. Robert W. Baird upgraded shares of CNH Industrial from a “neutral” rating to an “outperform” rating and set a $15.00 target price for the company in a report on Monday, August 31st. Citigroup lifted their price objective on shares of CNH Industrial from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Sanford C. Bernstein restated a “market perform” rating on shares of CNH Industrial in a research note on Tuesday, August 4th. Truist Financial boosted their target price on shares of CNH Industrial from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Finally, Evercore upgraded CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 price objective on the stock in a research note on Wednesday, September 2nd.

Institutional Trading of CNH Industrial

A number of large investors have recently modified their holdings of CNH. Sei Investments Co. raised its position in CNH Industrial by 61.3% in the first quarter. Sei Investments Co. now owns 4,666,201 shares of the company’s stock worth $51,330,000 after acquiring an additional 1,774,178 shares in the last quarter. Quantitative Investment Management LLC bought a new position in shares of CNH Industrial during the 2nd quarter valued at about $1,020,000. Arrowstreet Capital Limited Partnership bought a new position in shares of CNH Industrial during the 1st quarter valued at about $6,332,000. Lazard Asset Management LLC boosted its position in shares of CNH Industrial by 187.8% during the 1st quarter. Lazard Asset Management LLC now owns 341,881 shares of the company’s stock valued at $3,761,000 after purchasing an additional 223,073 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of CNH Industrial in the 2nd quarter worth approximately $2,788,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

CNH Industrial Stock Down 1.5%

CNH Industrial stock opened at $11.99 on Thursday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. The stock’s fifty day moving average is $12.42 and its two-hundred day moving average is $11.27. CNH Industrial has a fifty-two week low of $9.00 and a fifty-two week high of $14.46. The firm has a market capitalization of $14.84 billion, a price-to-earnings ratio of 29.68 and a beta of 1.20.

CNH Industrial (NYSE:CNH) last released its earnings results on Monday, August 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.77 billion. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. Analysts predict that CNH Industrial will post 0.45 EPS for the current fiscal year.

About CNH Industrial

CNH Industrial N.V. is a global manufacturer of agriculture and construction equipment. The company develops, produces and sells machinery, technologies and services used in farming, road building, infrastructure development and related industries.

Its agriculture business offers tractors, combines, harvesting equipment, planting and seeding machinery, hay and forage equipment, sprayers and precision-agriculture technologies. Its construction portfolio includes excavators, loaders, dozers, compactors, graders and other equipment.