Somewhat Favorable News Coverage Somewhat Unlikely to Affect CNH Industrial (CNHI) Share Price

News coverage about CNH Industrial (NYSE:CNHI) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. CNH Industrial earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.3260574223608 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

CNH Industrial traded up $0.24, reaching $12.88, during trading on Monday, according to Marketbeat. 1,855,100 shares of the company were exchanged, compared to its average volume of 1,976,880. The company has a market cap of $17.23 billion, a P/E ratio of 26.83 and a beta of 1.02. The company has a debt-to-equity ratio of 6.02, a current ratio of 5.05 and a quick ratio of 3.88. CNH Industrial has a 52 week low of $10.78 and a 52 week high of $15.65.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings data on Friday, April 27th. The company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.06. The firm had revenue of $6.77 billion during the quarter, compared to the consensus estimate of $6.40 billion. CNH Industrial had a return on equity of 18.25% and a net margin of 1.56%. The firm’s revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS. research analysts anticipate that CNH Industrial will post 0.69 earnings per share for the current year.

CNH Industrial declared that its Board of Directors has approved a share buyback program on Tuesday, January 30th that authorizes the company to buyback $700.00 million in shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

A number of equities research analysts have recently weighed in on CNHI shares. Morgan Stanley started coverage on CNH Industrial in a report on Friday, March 2nd. They issued an “equal weight” rating and a $15.00 price target for the company. Bank of America lowered their price target on CNH Industrial from $16.50 to $15.00 and set a “buy” rating for the company in a report on Tuesday, April 17th. Zacks Investment Research downgraded CNH Industrial from a “hold” rating to a “sell” rating in a report on Monday, February 12th. ValuEngine upgraded CNH Industrial from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $14.00 price target (up from $13.40) on shares of CNH Industrial in a report on Tuesday, February 20th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $14.95.

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.

Insider Buying and Selling by Quarter 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.



Leave a Reply