CNH Industrial (NYSE: CNHI) received a Hold rating from Deutsche Bank analyst Nicole Deblase today. The company’s shares closed yesterday at $9.51, close to its 52-week high of $9.57.
According to TipRanks.com, Deblase is a 1-star analyst with an average return of -4.2% and a 44.8% success rate. Deblase covers the Industrial Goods sector, focusing on stocks such as Stanley Black & Decker Inc, United Technologies Corp, and Manitowoc Company.
CNH Industrial has an analyst consensus of Hold.
Based on CNH Industrial’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $7.13 billion and quarterly net profit of $26 million. In comparison, last year the company earned revenue of $7.28 billion and had a net profit of $138 million.
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CNH Industrial NV designs, produces and sells agricultural equipment and commercial vehicles. It operates through the following segmengts: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain and Financial Services. The Agricultural Equipment segment designs, manufactures and distributes a full line of farm machinery and implements, including two-wheel and fourwheel drive tractors, crawler tractors, combines, cotton pickers, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements and material handling equipment. The Construction Equipment engages production and sales of construction equipment including excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, compact track loaders and telehandlers. The Commercial Vehicles segment offers light, medium and heavy vehicles for the transportation and distribution of goods through Iveco brand; commuter buses and touring coaches through Iveco Bus and Heuliez Bus brands; quarry and mining equipment through Iveco Astra brand; and firefighting vehicles through Iveco Magirus brand. The Powertrain segment handles the propulsion and transmission systems for on-and off-road trucks and commercial vehicles, as well as engines for marine application and power generation through FPT Industrial brand. The Financial Services segment provides financial services to dealers and customers. The company was founded in November 2012 and is headquartered in London, the United Kingdom.
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