Notable Mover: What’s Ahead for CNH Industrial NV After Today’s Huge Increase?

Notable Mover: What's Ahead for CNH Industrial NV After Today's Huge Increase?

The stock of CNH Industrial NV (NYSE:CNHI) is a huge mover today! About 600,330 shares traded hands. CNH Industrial NV (NYSE:CNHI) has risen 10.47% since April 21, 2016 and is uptrending. It has outperformed by 5.14% the S&P500.
The move comes after 7 months positive chart setup for the $12.11B company. It was reported on Nov, 23 by Barchart.com. We have $9.33 PT which if reached, will make NYSE:CNHI worth $968.80M 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 $154.18M for 19.64 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 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. As per Wednesday, October 12, the company rating was maintained by Barclays Capital. Deutsche Bank initiated the stock with “Sell” rating in Wednesday, September 7 report. The rating was maintained by Deutsche Bank on Wednesday, October 12 with “Sell”. The firm earned “Underweight” rating on Monday, May 2 by Barclays Capital. Citigroup maintained the shares of CNHI in a report on Friday, July 15 with “Neutral” rating. Credit Suisse initiated the stock with “Underperform” rating in Friday, January 15 report. The rating was upgraded by Bank of America on Monday, April 18 to “Buy”. The stock has “Underperform” rating given by JP Morgan on Monday, November 16. As per Friday, September 25, the company rating was initiated by Barclays Capital. The firm earned “Underperform” rating on Monday, January 18 by Credit Suisse.

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 important recent CNH Industrial NV (NYSE:CNHI) news were published by: Prnewswire.com which released: “CNH Industrial N.V. announces notes offering” on August 04, 2016, also Seekingalpha.com published article titled: “CNH Industrial NV (CNHI) Q3 2016 Results – Earnings Call Transcript”, Streetinsider.com published: “CNH Industrial N.V. (CNHI) Announces Acquisition of Kongskilde Agriculture” on October 31, 2016. More interesting news about CNH Industrial NV (NYSE:CNHI) was released by: Seekingalpha.com and their article: “CNH Industrial NV (CNHI) Richard J. Tobin on Q2 2016 Results – Earnings Call …” with publication date: July 26, 2016.

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