CNH Industrial (CNHI) Upgraded by TheStreet to B

TheStreet upgraded shares of CNH Industrial (NYSE:CNHI) from a c rating to a b rating in a research note issued to investors on Wednesday, TheStreetRatingsTable reports.

Other research analysts also recently issued research reports about the company. Zacks Investment Research raised CNH Industrial from a hold rating to a buy rating and set a $12.00 price objective on the stock in a report on Tuesday, April 9th. ValuEngine raised CNH Industrial from a sell rating to a hold rating in a report on Tuesday, April 16th. Finally, OTR Global raised CNH Industrial to a positive rating in a report on Friday, January 18th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. CNH Industrial presently has a consensus rating of Hold and an average target price of $12.92.

Shares of CNHI opened at $8.96 on Wednesday. The company has a market capitalization of $12.44 billion, a PE ratio of 11.20 and a beta of 1.12. The company has a debt-to-equity ratio of 4.42, a quick ratio of 4.03 and a current ratio of 5.33. CNH Industrial has a one year low of $8.41 and a one year high of $13.02.

CNH Industrial (NYSE:CNHI) last announced its earnings results on Tuesday, May 7th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.15 by $0.03. The business had revenue of $6.46 billion for the quarter, compared to the consensus estimate of $6.76 billion. CNH Industrial had a return on equity of 23.01% and a net margin of 3.84%. CNH Industrial’s revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 EPS. On average, sell-side analysts expect that CNH Industrial will post 0.87 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of CNHI. Penserra Capital Management LLC bought a new stake in shares of CNH Industrial in the 4th quarter valued at $35,000. Cresset Asset Management LLC bought a new stake in shares of CNH Industrial in the 1st quarter valued at $45,000. Neuburgh Advisers LLC increased its position in shares of CNH Industrial by 1,064.3% in the 4th quarter. Neuburgh Advisers LLC now owns 7,824 shares of the company’s stock valued at $70,000 after buying an additional 7,152 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in shares of CNH Industrial in the 4th quarter valued at $73,000. Finally, Ellington Management Group LLC bought a new stake in shares of CNH Industrial in the 1st quarter valued at $108,000. Institutional investors own 18.80% of the company’s stock.

CNH Industrial Company Profile

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide. The company operates in five segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services.

Featured Article: Quick Ratio

Analyst Recommendations for CNH Industrial (NYSE:CNHI)

Receive News & Ratings for CNH Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNH Industrial and related companies with MarketBeat.com's FREE daily email newsletter.