CNH Industrial Receives Positive Analyst Forecast with $18.13 Target Price

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CNH ($NYSE:CNHI) Industrial N.V. is a global leader in the capital goods sector providing innovative and sustainable solutions to customers in various industries. The company’s products include agricultural equipment, construction equipment, powertrain applications, commercial vehicles, and specialty vehicles. Recently, brokerages have set an $18.13 consensus target price for CNH Industrial. Analysts are optimistic about CNH Industrial’s prospects, citing its strong performance in the agricultural and construction equipment markets and its focus on cost reduction and efficiency improvements.

They anticipate further growth from the company due to increased demand for its products from the industrial sector and new product launches. Furthermore, CNH Industrial’s strong balance sheet and cash flow position provides financial flexibility for further investments in technology and operational advancements. As the company continues to execute on its long-term strategy and capitalize on the increasing demand for its products, investors can expect to benefit from steady growth in the stock price.

Stock Price

On Thursday, the stock opened at $11.4 and closed at $11.8, up by 3.0% from the previous closing price of $11.4. This positive momentum in the stock is a sign that investors are increasingly confident in the company’s long-term growth prospects. Furthermore, the analyst forecast further indicates that the stock is likely to continue its positive run and reach the target price of $18.13 in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CNHI. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CNHI. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CNHI. More…

Key Ratios Snapshot

Some of the financial key ratios for CNHI are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of CNH INDUSTRIAL N.V.’s financials. Our Star Chart classifies CNH INDUSTRIAL N.V as a ‘rhino’, meaning that the company has achieved moderate revenue or earnings growth. Investors looking to diversify their portfolios may find CNH INDUSTRIAL N.V appealing, given that the company has an intermediate health score of 6/10 with regard to its cashflows and debt. This implies that the company might be able to safely ride out any crisis without the risk of bankruptcy. Furthermore, CNH INDUSTRIAL N.V is strong in asset, dividend, and profitability, and medium in growth. Therefore, investors looking for companies with moderate growth and sound financial health may be interested in CNH INDUSTRIAL N.V. More…

Peers

Its main competitors are Deere & Co, Caterpillar Inc, AGCO Corp. These companies compete fiercely in the market to gain market share and customers.

– Deere & Co ($NYSE:DE)

Deere & Co is an American industrial company that specializes in the manufacture of agricultural, construction, and forestry machinery, diesel engines, and drivetrains for use in a variety of industries. The company has a market capitalization of 117.32 billion as of 2022 and a return on equity of 25.53%. The company was founded in 1837 and is headquartered in Moline, Illinois. Deere & Co operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment provides equipment and services for the production of food, fuel, and fiber. The Construction and Forestry segment provides equipment and services for the construction, maintenance, and logging of forests. The Financial Services segment provides financing, insurance, and other services to customers and dealers.

– Caterpillar Inc ($NYSE:CAT)

Caterpillar Inc is a construction and mining equipment company with a market cap of 115.35B as of 2022. It has a Return on Equity of 38.53%. The company manufactures and sells construction and mining equipment, engines, and financial products. It operates through three segments: Construction Industries, Resource Industries, and Energy & Transportation. The Construction Industries segment offers excavators, loader/backhoes, motor graders, wheel loaders, track-type tractors, and asphalt pavers. The Resource Industries segment provides mining trucks, bulldozers, shovels, loaders, and excavators. The Energy & Transportation segment offers engines, turbines, and locomotives.

– AGCO Corp ($NYSE:AGCO)

AGCO Corporation is a global manufacturer and distributor of agricultural equipment and related products. The company has a market cap of $8.72 billion and a return on equity of 16.62%. AGCO Corporation operates in three segments: Agricultural Equipment, Construction Equipment, and Corporate and Other. The Agricultural Equipment segment provides a full line of tractors, combines, hay tools, sprayers, forage equipment, and implements. The Construction Equipment segment offers a full line of compact and utility tractors, backhoe loaders, wheel loaders, and excavators. The Corporate and Other segment includes the company’s financial services business and other miscellaneous operations.

Summary

CNH Industrial N.V. is an industrial company with a strong presence in the global market. Analysts have recently set a consensus target price of $18.13 for the company’s stock, signaling a potential upside from its current market value. Following this announcement, the stock price moved up, indicating investor confidence in the company’s prospects. Investors should look at the company’s historical performance, product offerings, and management team to determine whether investing in CNH Industrial is a good fit for their portfolio.

They should also consider any short-term and long-term risks associated with the company. With the right research and due diligence, investors can make an informed decision regarding investing in CNH Industrial.