CNH Industrial (NYSE:CNHI) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of CNH Industrial (NYSE:CNHI) in a research note published on Friday. The brokerage issued a sell rating on the stock.

A number of other equities analysts have also commented on the company. Bank of America reaffirmed a neutral rating on shares of CNH Industrial in a report on Monday, April 22nd. Robert W. Baird lifted their target price on CNH Industrial from $15.00 to $16.00 and gave the company an outperform rating in a report on Thursday, February 15th. Truist Financial lowered their price target on shares of CNH Industrial from $18.00 to $17.00 and set a buy rating on the stock in a report on Monday, May 6th. Evercore ISI boosted their price objective on shares of CNH Industrial from $11.50 to $13.00 and gave the company an in-line rating in a research note on Tuesday, February 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of CNH Industrial from $14.50 to $14.00 and set a neutral rating on the stock in a report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Hold and an average price target of $15.20.

CNH Industrial Stock Down 0.6 %

Shares of NYSE CNHI opened at $11.45 on Friday. The company has a debt-to-equity ratio of 3.49, a current ratio of 9.88 and a quick ratio of 8.11. The stock has a market capitalization of $14.40 billion, a PE ratio of 6.70 and a beta of 1.66. CNH Industrial has a one year low of $9.77 and a one year high of $15.74. The business’s fifty day moving average price is $12.12 and its 200-day moving average price is $11.77.

CNH Industrial (NYSE:CNHI) last issued its earnings results on Thursday, May 2nd. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. CNH Industrial had a net margin of 9.48% and a return on equity of 28.38%. The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $4.46 billion. During the same quarter last year, the business earned $0.35 earnings per share. The company’s quarterly revenue was down 9.8% on a year-over-year basis. On average, equities research analysts anticipate that CNH Industrial will post 1.51 EPS for the current year.

CNH Industrial Increases Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, May 29th. Investors of record on Monday, May 13th were paid a $0.47 dividend. This represents a yield of 3.71%. The ex-dividend date of this dividend was Friday, May 10th. This is an increase from CNH Industrial’s previous annual dividend of $0.39. CNH Industrial’s dividend payout ratio (DPR) is currently 27.49%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. SRS Capital Advisors Inc. bought a new position in CNH Industrial in the fourth quarter worth approximately $25,000. Salem Investment Counselors Inc. purchased a new position in shares of CNH Industrial in the 1st quarter valued at $26,000. Larson Financial Group LLC raised its position in shares of CNH Industrial by 566.0% in the 1st quarter. Larson Financial Group LLC now owns 2,118 shares of the company’s stock worth $27,000 after acquiring an additional 1,800 shares in the last quarter. Hartford Financial Management Inc. lifted its stake in shares of CNH Industrial by 210.0% during the 1st quarter. Hartford Financial Management Inc. now owns 3,100 shares of the company’s stock worth $40,000 after purchasing an additional 2,100 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in CNH Industrial by 6,664.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,585 shares of the company’s stock valued at $44,000 after purchasing an additional 3,532 shares in the last quarter. Hedge funds and other institutional investors own 59.88% of the company’s stock.

CNH Industrial Company Profile

CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services.