CNH Industrial N.V. (NYSE: CNHI) has reported earnings for its third fiscal quarter (ending September 30) of $0.43 versus $0.41 for the same period a year ago — an increase of 5%. However, this performance was $-0.00 short of the consensus estimate of $0.44. E.P.S. were $1.75 for the latest four quarters through September 30 versus $1.40 for the same period a year ago — an increase of 25%.
Recent Price Action
CNH Industrial N.V. (NYSE: CNHI) stock closed at $10.14 on 11/7/23 after a major decline of -10.6%. The stock has declined -7.1% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CNHI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CNH Industrial N.V. has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. CNH Industrial N.V. has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 36, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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