TheStreet cut shares of CNH Industrial (NYSE:CNHI) from a c rating to a d+ rating in a report released on Monday morning.

Other research analysts also recently issued reports about the stock. Bank of America lifted their target price on shares of CNH Industrial from $15.00 to $17.00 in a research note on Monday, January 15th. UBS Group initiated coverage on shares of CNH Industrial in a research note on Monday, January 8th. They issued a buy rating and a $17.00 target price on the stock. Deutsche Bank raised shares of CNH Industrial from a hold rating to a buy rating and lifted their target price for the stock from $12.81 to $16.00 in a research note on Thursday, January 4th. Seaport Global Securities reaffirmed a buy rating and issued a $16.00 target price on shares of CNH Industrial in a research note on Wednesday, January 3rd. Finally, Citigroup raised shares of CNH Industrial from a neutral rating to a buy rating and lifted their target price for the stock from $13.75 to $15.00 in a research note on Wednesday, November 29th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $14.69.

Shares of CNH Industrial (CNHI) opened at $13.81 on Monday. The firm has a market cap of $18,682.38, a P/E ratio of 62.77 and a beta of 0.92. The company has a quick ratio of 4.18, a current ratio of 5.42 and a debt-to-equity ratio of 5.89. CNH Industrial has a 1-year low of $9.15 and a 1-year high of $15.65.

CNH Industrial (NYSE:CNHI) last issued its earnings results on Tuesday, January 30th. The company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. CNH Industrial had a net margin of 1.08% and a return on equity of 14.58%. The company had revenue of $8.10 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same period in the previous year, the firm earned $0.14 earnings per share. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. research analysts predict that CNH Industrial will post 0.68 earnings per share for the current year.

CNH Industrial declared that its Board of Directors has initiated a share buyback plan on Tuesday, January 30th that authorizes the company to buyback $700.00 million in outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

A number of institutional investors have recently modified their holdings of the business. Stifel Financial Corp increased its position in CNH Industrial by 0.9% during the 2nd quarter. Stifel Financial Corp now owns 81,966 shares of the company’s stock valued at $933,000 after purchasing an additional 741 shares during the period. FMR LLC increased its position in CNH Industrial by 14.4% during the 2nd quarter. FMR LLC now owns 11,900 shares of the company’s stock valued at $135,000 after purchasing an additional 1,500 shares during the period. Wells Fargo & Company MN increased its position in CNH Industrial by 34.0% during the 4th quarter. Wells Fargo & Company MN now owns 15,150 shares of the company’s stock valued at $203,000 after purchasing an additional 3,845 shares during the period. Victory Capital Management Inc. increased its position in CNH Industrial by 24.9% during the 4th quarter. Victory Capital Management Inc. now owns 20,998 shares of the company’s stock valued at $281,000 after purchasing an additional 4,186 shares during the period. Finally, Eagle Global Advisors LLC increased its position in CNH Industrial by 16.0% during the 4th quarter. Eagle Global Advisors LLC now owns 58,000 shares of the company’s stock valued at $777,000 after purchasing an additional 8,000 shares during the period. 17.41% of the stock is currently owned by institutional investors and hedge funds.

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CNH Industrial Company Profile

CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications.

Analyst Recommendations for CNH Industrial (NYSE:CNHI)

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