Wall Street Zen Downgrades CNH Industrial (NYSE:CNH) to Sell

CNH Industrial (NYSE:CNH) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Other analysts have also issued research reports about the company. DA Davidson reduced their target price on CNH Industrial from $13.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. Truist Financial set a $12.00 price target on shares of CNH Industrial in a report on Wednesday. Barclays decreased their price objective on shares of CNH Industrial from $14.00 to $11.00 and set an “overweight” rating for the company in a report on Monday, December 22nd. Industrial Alliance Securities set a $13.00 price objective on shares of CNH Industrial in a research report on Wednesday. Finally, UBS Group reduced their target price on shares of CNH Industrial from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, CNH Industrial currently has an average rating of “Hold” and an average target price of $12.97.

CNH Industrial Stock Performance

CNH Industrial stock opened at $10.94 on Friday. The company has a debt-to-equity ratio of 3.49, a current ratio of 13.01 and a quick ratio of 10.82. The firm has a market capitalization of $13.64 billion, a P/E ratio of 23.28 and a beta of 1.29. CNH Industrial has a 1-year low of $9.00 and a 1-year high of $14.27. The company’s 50-day moving average is $9.71 and its 200 day moving average is $10.98.

CNH Industrial (NYSE:CNH) last released its earnings results on Friday, November 7th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.05). CNH Industrial had a net margin of 3.35% and a return on equity of 8.32%. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the prior year, the company posted $0.24 EPS. The company’s quarterly revenue 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 EPS for the current year.

Insider Activity

In other CNH Industrial news, Director Suzanne Heywood purchased 52,522 shares of the stock in a transaction dated Tuesday, November 18th. The stock was purchased at an average price of $9.52 per share, with a total value of $500,009.44. Following the transaction, the director owned 619,427 shares of the company’s stock, valued at approximately $5,896,945.04. This trade represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Howard W. Buffett acquired 4,100 shares of the business’s stock in a transaction that occurred on 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 $343,716.87. This trade represents a 13.99% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 73,007 shares of company stock worth $700,182. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Marshall Wace LLP lifted its stake in shares of CNH Industrial by 21,312.8% during the 2nd quarter. Marshall Wace LLP now owns 6,781,205 shares of the company’s stock worth $87,884,000 after purchasing an additional 6,749,536 shares during the last quarter. Norges Bank bought a new position in CNH Industrial in the second quarter worth about $61,198,000. Hotchkis & Wiley Capital Management LLC raised its holdings in CNH Industrial by 17.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock worth $282,868,000 after purchasing an additional 3,841,999 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of CNH Industrial by 323.0% during the second quarter. BNP Paribas Financial Markets now owns 4,776,930 shares of the company’s stock valued at $61,909,000 after buying an additional 3,647,517 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its holdings in shares of CNH Industrial by 317.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 4,077,533 shares of the company’s stock valued at $44,241,000 after buying an additional 3,100,766 shares in the last quarter. 59.88% of the stock is owned by institutional investors.

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.