NH Industrial N.V. Common Shar (NYSE:CNHI):
Congressman Darin LaHood visits CNH Industrial’s manufacturing and R&D site in Goodfield, Illinois.
The company is now up since yesterday’s close of $7.36.
Additionally CNH Industrial N.V. Common Shar announced a dividend for shareholders paid on Tuesday the 3rd of May 2016. The dividend payment was $0.038 per share for the quarter or $0.15 on an annualized basis. This dividend represents a yield of $2.12. The ex-dividend date was Monday the 25th of April 2016.
Shares are trading at $7.53 which is marginally higher than $6.96, the 50 day moving average and slightly over the 200 day moving average of $6.86. The 50 day moving average was up by +8.68% whereas the 200 day average was up by +10.16%.
As of the last earnings report the EPS was $-0.28 and is expected to be $0.34 for the current year with 1,361,478,000 shares outstanding. Next quarter’s EPS is expected be $0.14 with next year’s EPS projected to be $0.39.
Wall Street analysts have issued ratings on the stock recently. On July 25, 2016 the stock rating was changed to a “Underweight” in a report from PiperJaffray which was a cut from the previous “” rating. On July 15 Citigroup left the company rating at “Neutral” and raised the price expectation to $7.50 from $7.00.
On April 18 the company was upgraded from “Neutral” to “Buy” in a report issued by Bank of America. On February 1 the stock rating was upgraded to “Neutral” from “Underperform” in a statement from Bank of America.
On February 1 Macquarie kept the company rating at “Underperform” but lowered the price target to $5.00 from $6.00. January 19 investment analysts at Barclays held the company rating at “Underweight” and moved up the price target from $6.00 to $5.00.
