Date | Price Target | Rating | Analyst |
---|---|---|---|
4/22/2024 | Buy → Neutral | BofA Securities | |
3/14/2024 | $18.00 | Buy | Truist |
1/23/2024 | $13.00 | Neutral | DA Davidson |
1/17/2024 | $19.00 | Neutral → Buy | Goldman |
1/8/2024 | Equal-Weight | Morgan Stanley | |
12/15/2023 | $13.00 | Equal Weight | Wells Fargo |
10/20/2023 | Outperform → Perform | Oppenheimer | |
9/19/2023 | $16.00 → $14.00 | Outperform → In-line | Evercore ISI |
Truist Securities analyst Jamie Cook maintains CNH Industrial (NYSE:CNHI) with a Buy and lowers the price target from $18 to $17.
JP Morgan analyst Tami Zakaria maintains CNH Industrial (NYSE:CNHI) with a Neutral and lowers the price target from $14.5 to $14.
CNH Industrial N.V. (NYSE:CNHI) shares are trading higher after it reported first-quarter FY24 results. Revenue declined 10% Y/Y (both reported and CC) to $4.82 billion, beating the consensus of $4.37 billion. Net sales of Industrial Activities were $4.13 billion, down 14% Y/Y, due to lower industry demand and dealer inventory management. Agriculture net sales declined 14% Y/Y to $3.37 billion on lower industry volume across all regions and dealer inventory management. Construction net sales fell 11% Y/Y to $758 million owing to lower volume across all regions due to weak market demand. The gross profit margin for Industrial Activities was 22.7%, down from 24.4% a year ago, m
SC 13G/A - CNH Industrial N.V. (0001567094) (Subject)
SC 13G - CNH Industrial N.V. (0001567094) (Subject)
SC 13G/A - CNH Industrial N.V. (0001567094) (Subject)
8-K - CNH Industrial N.V. (0001567094) (Filer)
144 - CNH Industrial N.V. (0001567094) (Subject)
144 - CNH Industrial N.V. (0001567094) (Subject)
BofA Securities downgraded CNH Industrial from Buy to Neutral
Truist initiated coverage of CNH Industrial with a rating of Buy and set a new price target of $18.00
DA Davidson initiated coverage of CNH Industrial with a rating of Neutral and set a new price target of $13.00
London, June 1, 2023 CNH Industrial N.V. (NYSE:CNHI) today announces the appointment of Friedrich Eichler as Chief Technology Officer (CTO). He will preside over our R&D community with direct responsibility for Technology, Innovation, Quality, Design and their related divisions Friedrich will provide functional governance for the Agriculture and Construction segments' Product Development – coordinating closely with Segment Presidents Derek Neilson (Agriculture) and Stefano Pampalone (Construction). He will also work hand-in-hand with Marc Kermisch, our Chief Digital & Information Officer, to seamlessly integrate our precision, digital and autonomy solutions across our equipment portfolios.
London, November 30, 2022 CNH Industrial N.V. (NYSE:CNHI) today announces the appointment of Richard Miller as Senior Vice President of Internal Audit. Richard takes over from Carlo De Bernardi who has elected to retire following 38 years of dedicated service. With this appointment, Richard will join the Company's Senior Leadership Team (SLT). Richard Miller first joined CNH Industrial in 1990. He has since assumed roles of increasing responsibility in Internal Audit, most recently as Head of Internal Audit for the North America region. "I want to thank Carlo for leading our Internal Audit function with excellence and impeccable character," said Scott W. Wine, Chief Executive Officer, CN
London, November 16, 2022 CNH Industrial N.V. (NYSE:CNHI) today announces the appointment of Vilmar Fistarol as President, North America and Rafael Miotto as President, Latin America. Vilmar Fistarol will lead the North America region as of late January 2023, following over a decade as President, Latin America, during which time he has continually grown CNH Industrial's brands' sales in the region to market leading positions. Vilmar has served CNH Industrial and its predecessor companies for over 31 years in numerous leadership positions. He replaces Brad Crews, whose upcoming transition to a new role in the Agriculture Segment was announced in September 2022. Rafael Miotto will assume re
Second quarter consolidated revenue declined 16% on lower industry demand Second quarter diluted EPS at $0.34; adjusted diluted EPS at $0.38 ($0.52 in the second quarter of 2023) Results reflect continued execution of cost savings initiatives mitigating the impact of market headwinds Returned $1.2 billion to shareholders through dividends and share repurchases in the first half of 2024 Full-year guidance updated to reflect weaker market conditions Basildon, UK - July 31, 2024 - CNH Industrial N.V. (NYSE: CNH) today reported results for the three months ended June 30, 2024, with net income of $438 million and diluted earnings per share of $0.34 compared with net income of $710 milli
CNH strengthens Global Leadership Team to deliver key priorities efficiently. Investor Day in early 2025.Basildon, July 29, 2024 CNH (NYSE:CNH) announces its new Global Leadership Team (GLT), which is empowered to carry out faster and more effective delivery of its strategic priorities for profitable long-term growth globally in the Agriculture segment. The Construction segment will operate as a distinct business unit inside CNH with increased autonomy. The new GLT is organized in a simplified matrix and comprises industry-leading experts and practitioners from within CNH. Their intimate in-house and industry knowledge coupled with their significant experience will support the C
CNH and Oxfam partner on key social projects in Tunisia and South Africa This collaboration will support training and development in local communities. Turin, July 25, 2024 CNH announces a new collaboration with Oxfam to support two social projects in Africa: The Sumud Project in Tunisia is focused on micro, small, and medium sized farms.The Social Factory Initiative in South Africa is dedicated to creating a new model for plastic recycling and social inclusion. Both projects are aligned with the United Nations Sustainable Development Goals, specifically SDGs 8 - Decent work and economic growth, 10 - Reducing inequalities, 12 - Responsible consumption and production, and 13 - Climate a
Second quarter consolidated revenue declined 16% on lower industry demand Second quarter diluted EPS at $0.34; adjusted diluted EPS at $0.38 ($0.52 in the second quarter of 2023) Results reflect continued execution of cost savings initiatives mitigating the impact of market headwinds Returned $1.2 billion to shareholders through dividends and share repurchases in the first half of 2024 Full-year guidance updated to reflect weaker market conditions Basildon, UK - July 31, 2024 - CNH Industrial N.V. (NYSE: CNH) today reported results for the three months ended June 30, 2024, with net income of $438 million and diluted earnings per share of $0.34 compared with net income of $710 milli
CNH to release 2024 Second Quarter financial results on July 31 Basildon, July 10, 2024 CNH (NYSE:CNH) will release its 2024 Second Quarter financial results on Wednesday, July 31, 2024. A live audio webcast of the financial results conference call will begin at 9:30 a.m. EDT (2:30 p.m. BST / 3:30 p.m. CEST) on the same day. It will be accessible at the following address: bit.ly/CNH_Q2_2024 For those unable to participate in the live session, a replay will remain archived in the Investor Relations section of the corporate website (www.cnh.com) for two weeks following the conference call. CNH Industrial (NYSE:CNH) is a world-class equipment, technology and services company. Driven by it
Derek Neilson, head of the Agricultural Segment at CNH, to step down Basildon, May 30, 2024 CNH Industrial N.V. (NYSE:CNH) announces that it has accepted Derek Neilson's request to leave the Company later this year to pursue a new entrepreneurial project outside of the sector, after 25 years of dedicated service. During his career with CNH Derek has held a range of leadership positions, making major contributions to manufacturing, the former commercial vehicles division, the EMEA region, also serving for a time as interim CEO. For the past six years he has overseen the transformation of CNH's agricultural business and its accompanying record performance. Derek has developed a strong