CNH Industrial’s (CNH) “Neutral” Rating Reiterated at DA Davidson

DA Davidson reaffirmed their neutral rating on shares of CNH Industrial (NYSE:CNH) in a research note published on Wednesday morning,Benzinga reports. DA Davidson currently has a $12.00 target price on the stock.

A number of other brokerages have also recently commented on CNH. Truist Financial reaffirmed a “buy” rating and set a $15.00 price objective (down from $16.00) on shares of CNH Industrial in a research note on Tuesday, August 4th. Weiss Ratings cut CNH Industrial from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 12th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of CNH Industrial in a research note on Tuesday, August 4th. JPMorgan Chase & Co. upped their price target on CNH Industrial from $9.50 to $10.00 and gave the company an “underweight” rating in a research note on Monday, July 13th. Finally, Evercore set a $12.25 price target on shares of CNH Industrial in a research report on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.58.

CNH Industrial Price Performance

Shares of CNH stock opened at $11.87 on Wednesday. The firm’s 50 day moving average price is $10.66 and its two-hundred day moving average price is $10.94. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. CNH Industrial has a 52-week low of $9.00 and a 52-week high of $13.31. The stock has a market cap of $14.69 billion, a PE ratio of 47.48, a PEG ratio of 1.92 and a beta of 1.15.

CNH Industrial (NYSE:CNH) last issued its earnings results on Monday, August 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The company had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.77 billion. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS. CNH Industrial has set its FY 2026 guidance at 0.410-0.460 EPS. As a group, analysts forecast that CNH Industrial will post 0.45 EPS for the current year.

Institutional Investors Weigh In On CNH Industrial

A number of hedge funds and other institutional investors have recently made changes to their positions in CNH. Measured Wealth Private Client Group LLC acquired a new position in CNH Industrial in the 3rd quarter worth $29,000. Rothschild Investment LLC increased its holdings in CNH Industrial by 1,734.2% during the 4th quarter. Rothschild Investment LLC now owns 3,485 shares of the company’s stock worth $32,000 after purchasing an additional 3,295 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of CNH Industrial in the 4th quarter valued at about $34,000. Advisory Services Network LLC acquired a new stake in shares of CNH Industrial in the 3rd quarter valued at about $37,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of CNH Industrial by 52.5% in the fourth quarter. Clearstead Advisors LLC now owns 5,145 shares of the company’s stock valued at $47,000 after purchasing an additional 1,771 shares in the last quarter. 59.88% of the stock is currently owned by institutional investors and hedge funds.

About CNH Industrial

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.