Market Runner: What’s in CNH Industrial NV After Today’s Big Increase?

Market Runner: What's in CNH Industrial NV After Today's Big Increase?

The stock of CNH Industrial NV (NYSE:CNHI) is a huge mover today! About 335,240 shares traded hands. CNH Industrial NV (NYSE:CNHI) has risen 14.40% since April 26, 2016 and is uptrending. It has outperformed by 9.14% the S&P500.
The move comes after 7 months positive chart setup for the $11.40B company. It was reported on Nov, 29 by Barchart.com. We have $9.27 PT which if reached, will make NYSE:CNHI worth $1.03B more.

Analysts await CNH Industrial NV (NYSE:CNHI) to report earnings on February, 3. They expect $0.11 EPS, down 42.11% or $0.08 from last year’s $0.19 per share. CNHI’s profit will be $147.53 million for 19.32 P/E if the $0.11 EPS becomes a reality. After $0.05 actual EPS reported by CNH Industrial NV for the previous quarter, Wall Street now forecasts 120.00% EPS growth.

CNH Industrial NV (NYSE:CNHI) Ratings Coverage

Out of 10 analysts covering CNH Industrial (NYSE:CNHI), 1 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 10% are positive. CNH Industrial has been the topic of 18 analyst reports since July 22, 2015 according to StockzIntelligence Inc. JP Morgan downgraded the stock to “Underperform” rating in Monday, November 16 report. The firm has “Neutral” rating given on Monday, November 28 by Piper Jaffray. As per Friday, July 15, the company rating was maintained by Citigroup. Bank of America upgraded it to “Buy” rating and $8 target price in Monday, April 18 report. Deutsche Bank maintained CNH Industrial NV (NYSE:CNHI) on Wednesday, October 12 with “Sell” rating. The stock of CNH Industrial NV (NYSE:CNHI) earned “Sell” rating by Deutsche Bank on Wednesday, September 7. The firm has “Underweight” rating by Barclays Capital given on Friday, September 25. Credit Suisse initiated CNH Industrial NV (NYSE:CNHI) on Friday, January 15 with “Underperform” rating. As per Monday, January 18, the company rating was initiated by Credit Suisse. The firm earned “Neutral” rating on Monday, November 28 by PiperJaffray.

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 news for CNH Industrial NV (NYSE:CNHI) were recently published by: Prnewswire.com, which released: “CNH Industrial N.V. announces notes offering” on August 04, 2016. Seekingalpha.com‘s article titled: “CNH Industrial NV (CNHI) Q3 2016 Results – Earnings Call Transcript” and published on October 31, 2016 is yet another important article.

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