CNH Industrial (NYSE:CNHI) Rating Lowered to Sell at StockNews.com

CNH Industrial (NYSE:CNHI) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

A number of other research analysts also recently weighed in on the company. Wells Fargo & Company initiated coverage on CNH Industrial in a research note on Friday, December 15th. They issued an “equal weight” rating and a $13.00 price target on the stock. DA Davidson began coverage on CNH Industrial in a report on Tuesday, January 23rd. They set a “neutral” rating and a $13.00 target price for the company. Robert W. Baird increased their price objective on shares of CNH Industrial from $15.00 to $16.00 and gave the stock an “outperform” rating in a research note on Thursday, February 15th. Evercore ISI increased their price objective on shares of CNH Industrial from $11.50 to $13.00 and gave the stock an “in-line” rating in a research note on Tuesday, February 20th. Finally, TheStreet downgraded shares of CNH Industrial from a “b-” rating to a “c+” rating in a research note on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $15.20.

CNH Industrial Stock Performance

NYSE:CNHI opened at $12.96 on Tuesday. CNH Industrial has a 1 year low of $9.77 and a 1 year high of $15.74. The firm has a 50 day moving average of $12.14 and a 200-day moving average of $11.73. The company has a current ratio of 9.32, a quick ratio of 7.86 and a debt-to-equity ratio of 3.34. The stock has a market capitalization of $16.28 billion, a P/E ratio of 7.41 and a beta of 1.64.

CNH Industrial (NYSE:CNHI) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.42. CNH Industrial had a return on equity of 29.59% and a net margin of 9.60%. The firm had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.50 billion. During the same quarter in the prior year, the business earned $0.36 EPS. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that CNH Industrial will post 1.56 EPS for the current fiscal year.

Institutional Investors Weigh In On CNH Industrial

Several hedge funds and other institutional investors have recently bought and sold shares of CNHI. SRS Capital Advisors Inc. bought a new stake in shares of CNH Industrial during the fourth quarter worth about $25,000. First Manhattan CO. LLC. bought a new stake in CNH Industrial in the 1st quarter worth about $38,000. Captrust Financial Advisors grew its position in CNH Industrial by 437.9% in the 2nd quarter. Captrust Financial Advisors now owns 3,292 shares of the company’s stock worth $38,000 after purchasing an additional 2,680 shares in the last quarter. Alta Advisers Ltd bought a new stake in CNH Industrial in the 3rd quarter worth about $40,000. Finally, EverSource Wealth Advisors LLC grew its position in CNH Industrial by 6,664.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,585 shares of the company’s stock worth $44,000 after purchasing an additional 3,532 shares in the last quarter. 59.88% of the stock is owned by institutional investors.

About CNH Industrial

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.