CNH Industrial NV (CNHI) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research lowered shares of CNH Industrial NV (NASDAQ:CNHI) from a buy rating to a hold rating in a report issued on Friday morning.

According to Zacks, “CNH Industrial NV designs, produces and sells trucks, commercial vehicles, buses, special vehicles, agricultural and construction equipment, in addition to engines and transmissions for those vehicles and engines for marine application. CNH Industrial NV is based in Amsterdam, the Netherlands. “

Other analysts have also issued research reports about the company. BidaskClub lowered CNH Industrial NV from a buy rating to a hold rating in a research report on Tuesday, October 17th. Deutsche Bank AG reissued a buy rating and issued a $13.20 target price (up previously from $12.80) on shares of CNH Industrial NV in a research report on Monday, October 9th. TheStreet raised CNH Industrial NV from a d+ rating to a c rating in a research report on Wednesday, July 26th. Evercore ISI raised CNH Industrial NV from an in-line rating to an outperform rating in a research report on Monday, November 6th. Finally, Stifel Nicolaus reissued a hold rating and issued a $11.50 target price on shares of CNH Industrial NV in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $11.51.

CNH Industrial NV (NASDAQ CNHI) traded up $0.01 during mid-day trading on Friday, hitting $12.86. 1,213,000 shares of the stock traded hands, compared to its average volume of 1,452,958. CNH Industrial NV has a 1 year low of $7.84 and a 1 year high of $13.37.

CNH Industrial NV (NASDAQ:CNHI) last released its quarterly earnings results on Tuesday, October 31st. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.03. The firm had revenue of $6.63 billion for the quarter, compared to analyst estimates of $5.03 billion. CNH Industrial NV had a net margin of 0.54% and a return on equity of 4.78%. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.05 EPS.

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Several large investors have recently bought and sold shares of CNHI. Ameriprise Financial Inc. grew its stake in shares of CNH Industrial NV by 1.6% in the first quarter. Ameriprise Financial Inc. now owns 12,760 shares of the company’s stock worth $123,000 after acquiring an additional 199 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in shares of CNH Industrial NV by 95.4% in the first quarter. Parametric Portfolio Associates LLC now owns 123,439 shares of the company’s stock worth $1,190,000 after acquiring an additional 60,271 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of CNH Industrial NV by 18.1% in the first quarter. Wellington Management Group LLP now owns 22,819 shares of the company’s stock worth $220,000 after acquiring an additional 3,501 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of CNH Industrial NV by 52,429.3% in the first quarter. Teachers Advisors LLC now owns 1,280,140 shares of the company’s stock worth $12,341,000 after acquiring an additional 1,277,703 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of CNH Industrial NV by 4.0% in the first quarter. Vanguard Group Inc. now owns 22,012,748 shares of the company’s stock worth $212,204,000 after acquiring an additional 848,678 shares in the last quarter.

About CNH Industrial NV

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.

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