CNH
CNH Industrial
About: CNH Industrial NV is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations worldwide. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.
Employees: 40,496
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 142
14% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 8 (+1) [Q3]
11% more capital invested
Capital invested by funds: $8.24B [Q2] → $9.16B (+$924M) [Q3]
1.52% more ownership
Funds ownership: 64.7% [Q2] → 66.22% (+1.52%) [Q3]
8% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 72
5% more call options, than puts
Call options by funds: $9.54M | Put options by funds: $9.08M
0% less funds holding
Funds holding: 445 [Q2] → 444 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$13
6%
upside
Avg. target
$14.92
22%
upside
High target
$17
39%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
JP Morgan Tami Zakaria 53% 1-year accuracy 16 / 30 met price target | 6%upside $13 | Neutral Maintained | 15 Jan 2025 |
Citigroup Kyle Menges 58% 1-year accuracy 14 / 24 met price target | 6%upside $13 | Buy Maintained | 14 Jan 2025 |
Bernstein Nicholas Green 100% 1-year accuracy 1 / 1 met price target | 39%upside $17 | Outperform Upgraded | 6 Jan 2025 |
Truist Securities Jamie Cook 66% 1-year accuracy 57 / 86 met price target | 39%upside $17 | Buy Maintained | 19 Dec 2024 |
Morgan Stanley Angel Castillo 53% 1-year accuracy 8 / 15 met price target | 34%upside $16.50 | Overweight Upgraded | 17 Dec 2024 |
Financial journalist opinion
Positive
Seeking Alpha
4 days ago
CNH Industrial: Near-Term Pessimism Provides Long-Term Opportunity
CNH Industrial shares have dropped due to macro concerns, but the company's strong brands and focus on ag equipment offer long-term growth potential. The company is well-managed, with a renewed focus on precision ag technologies and improving margins, despite challenges in the ag and construction markets. CNH's strategic moves and focus on quality and efficiency could enhance returns and shareholder value.
Neutral
Seeking Alpha
1 month ago
CNH Industrial: Another Guidance Cut, Still A Buy
Q3 results led to revised FY24 targets due to weak demand and high inventories, with further production cuts expected into H1 2025. FY25 is anticipated to mark the bottom of the AG industry's downcycle, with cost-cutting measures and resilient pricing expected to limit downside risks. As industry demand may be nearing its bottom, CNH's efforts to boost its mid-cycle margin structurally may drive a share re-rating. For this reason, we confirm our buy.
Neutral
CNBC Television
2 months ago
Three-Stock Lunch: Wynn Resorts, CNH Industrial, & Tapestry
Matt Maley, chief market strategist at Miller Tabak + Co., joins CNBC's ‘Power Lunch' to discuss outlooks on three stocks: Wynn Resorts, CNH Industrial, and Tapestry.
Positive
CNBC Television
2 months ago
David Einhorn is building new position in CNH Industrial - says agricultural play is 'cheap'
David Einhorn, president at Greenlight Capital, joins CNBC's Delivering Alpha 2024 to discuss why he believes the current market is broken, where he sees a massive investment opportunity, and more.
Positive
CNBC
2 months ago
David Einhorn is building new position in CNH Industrial, says agricultural play is 'cheap'
David Einhorn is building new position in CNH Industrial, says agricultural play is 'cheap'
Positive
Seeking Alpha
2 months ago
CNH: Weathering A Storm With 40% EPS Drop
CNH Industrial faces industry-wide challenges with softening demand, higher interest rates, and declining farm income impacting tractor manufacturers. Effective cost-cutting measures have resulted in significant savings, aiding in maintaining profitability amidst a tough market environment. Leadership changes with CEO Scott Wine's resignation and Gerrit Marx's appointment raise concerns about the company's future direction.
Neutral
Seeking Alpha
2 months ago
CNH Industrial N.V. (CNH) Q3 2024 Earnings Call Transcript
CNH Industrial N.V. (NYSE:CNH ) Q3 2024 Earnings Conference Call November 8, 2024 11:30 AM ET Company Participants Jason Omerza - Vice President, Investor Relations Gerrit Marx - Chief Executive Officer Oddone Incisa - Chief Financial Officer Conference Call Participants Kyle Menges - Citigroup Daniela Costa - Goldman Sachs Steven Fisher - UBS Jamie Cook - Truist Securities Mig Dobre - Baird Kristen Owen - Oppenheimer Tami Zakaria - JPMorgan Mike Shlisky - D.A.
Positive
Zacks Investment Research
2 months ago
Compared to Estimates, CNH (CNH) Q3 Earnings: A Look at Key Metrics
The headline numbers for CNH (CNH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 months ago
CNH Industrial (CNH) Q3 Earnings and Revenues Lag Estimates
CNH Industrial (CNH) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.42 per share a year ago.
Positive
Zacks Investment Research
2 months ago
Curious about CNH (CNH) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for CNH (CNH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
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