Price Action Alert: What’s Propelling CNH Industrial NV to Increase So Much?

Price Action Alert: What's Propelling CNH Industrial NV to Increase So Much?

The stock of CNH Industrial NV (NYSE:CNHI) is a huge mover today! About 1.50 million shares traded hands or 55.54% up from the average. CNH Industrial NV (NYSE:CNHI) has risen 8.55% since March 15, 2016 and is uptrending. It has outperformed by 3.07% the S&P500.
The move comes after 5 months positive chart setup for the $10.42B company. It was reported on Oct, 18 by We have $10.91 PT which if reached, will make NYSE:CNHI worth $4.38 billion more.

Analysts await CNH Industrial NV (NYSE:CNHI) to report earnings on November, 3. They expect $0.06 earnings per share, up 100.00% or $0.03 from last year’s $0.03 per share. CNHI’s profit will be $81.41M for 32.00 P/E if the $0.06 EPS becomes a reality. After $0.16 actual earnings per share reported by CNH Industrial NV for the previous quarter, Wall Street now forecasts -62.50% negative EPS growth.

CNH Industrial NV (NYSE:CNHI) Ratings Coverage

Out of 8 analysts covering CNH Industrial (NYSE:CNHI), 1 rate it a “Buy”, 5 “Sell”, while 2 “Hold”. This means 13% are positive. CNH Industrial has been the topic of 16 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the shares of CNHI in a report on Wednesday, October 12 with “Sell” rating. On Friday, September 25 the stock rating was initiated by Barclays Capital with “Underweight”. The stock of CNH Industrial NV (NYSE:CNHI) has “Underperform” rating given on Monday, November 16 by JP Morgan. The firm has “Neutral” rating given on Friday, July 15 by Citigroup. The stock of CNH Industrial NV (NYSE:CNHI) earned “Underperform” rating by Credit Suisse on Monday, January 18. Bank of America upgraded it to “Buy” rating and $8 target price in Monday, April 18 report. The rating was maintained by Barclays Capital with “Underweight” on Monday, May 2. The company was initiated on Wednesday, September 7 by Deutsche Bank. The firm has “Underweight” rating given on Wednesday, October 12 by Barclays Capital. The rating was initiated by Credit Suisse with “Underperform” on Friday, January 15.

According to Zacks Investment Research, “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.”

More notable recent CNH Industrial NV (NYSE:CNHI) news were published by: which released: “CNH Industrial announces subsidiary notes offering” on October 18, 2016, also with their article: “CNH Industrial N.V. announces notes offering” published on August 04, 2016, published: “CNH Industrial NV (CNHI) Richard J. Tobin on Q2 2016 Results – Earnings Call …” on July 26, 2016. More interesting news about CNH Industrial NV (NYSE:CNHI) were released by: and their article: “CNH Industrial N.V. to launch common shares buyback program” published on January 29, 2016 as well as‘s news article titled: “Moody’s assigns Ba1 rating to CNH Industrial Capital note offering; outlook is …” with publication date: March 14, 2016.

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