Analysts Anticipate CNH Industrial (NYSE:CNHI) Will Announce Earnings of $0.15 Per Share

Equities analysts predict that CNH Industrial (NYSE:CNHI) will post $0.15 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for CNH Industrial’s earnings. The lowest EPS estimate is $0.05 and the highest is $0.23. CNH Industrial posted earnings per share of ($0.06) in the same quarter last year, which would suggest a positive year over year growth rate of 350%. The firm is expected to issue its next quarterly earnings results before the market opens on Wednesday, May 5th.

On average, analysts expect that CNH Industrial will report full-year earnings of $0.83 per share for the current year, with EPS estimates ranging from $0.67 to $1.01. For the next year, analysts forecast that the business will report earnings of $1.03 per share, with EPS estimates ranging from $0.87 to $1.35. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover CNH Industrial.

CNH Industrial (NYSE:CNHI) last posted its quarterly earnings results on Tuesday, February 2nd. The company reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.15. The business had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $7.51 billion. CNH Industrial had a positive return on equity of 4.68% and a negative net margin of 2.15%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS.

A number of research analysts have recently issued reports on CNHI shares. TheStreet upgraded CNH Industrial from a “d” rating to a “c-” rating in a research report on Wednesday, February 3rd. Vertical Research upgraded CNH Industrial from a “hold” rating to a “buy” rating in a research note on Thursday, February 4th. Deutsche Bank Aktiengesellschaft raised their target price on CNH Industrial from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, April 13th. Zacks Investment Research upgraded CNH Industrial from a “sell” rating to a “strong-buy” rating and set a $18.00 target price for the company in a research report on Thursday, April 15th. Finally, Citigroup began coverage on shares of CNH Industrial in a research report on Thursday, February 18th. They issued a “buy” rating and a $19.00 price target for the company. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. CNH Industrial currently has a consensus rating of “Buy” and an average target price of $14.50.

NYSE:CNHI opened at $14.92 on Tuesday. The company has a 50 day moving average price of $15.52 and a 200-day moving average price of $12.65. The firm has a market cap of $20.20 billion, a price-to-earnings ratio of -36.39 and a beta of 1.69. CNH Industrial has a 1-year low of $5.26 and a 1-year high of $16.14. The company has a debt-to-equity ratio of 5.14, a current ratio of 6.14 and a quick ratio of 4.82.

The business also recently disclosed an annual dividend, which will be paid on Wednesday, May 5th. Shareholders of record on Tuesday, April 20th will be issued a dividend of $0.131 per share. This is a positive change from CNH Industrial’s previous annual dividend of $0.12. This represents a yield of 0.83%. The ex-dividend date of this dividend is Monday, April 19th.

A number of hedge funds have recently made changes to their positions in CNHI. Liberty Wealth Management LLC bought a new stake in shares of CNH Industrial during the 4th quarter worth $33,000. Bessemer Group Inc. bought a new stake in CNH Industrial during the fourth quarter worth $63,000. JustInvest LLC raised its position in shares of CNH Industrial by 4.2% in the fourth quarter. JustInvest LLC now owns 21,446 shares of the company’s stock valued at $68,000 after buying an additional 856 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of CNH Industrial in the 4th quarter worth $80,000. Finally, Signaturefd LLC boosted its stake in CNH Industrial by 67.4% in the fourth quarter. Signaturefd LLC now owns 6,373 shares of the company’s stock valued at $82,000 after acquiring an additional 2,566 shares during the last quarter. Institutional investors own 21.73% 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, buses, and specialty vehicles in North America, Europe, South America, and internationally. It operates through five segments: Agriculture, Construction, Commercial and Specialty Vehicles, Powertrain, and Financial.

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