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CNH Industrial (NYSE:CNH) NV shares soared to a 52-week high of $13.32, reflecting a robust period of growth for the company. According to InvestingPro data, the stock has delivered an impressive 30% return over the past six months, with management actively buying back shares and maintaining a healthy 3.7% dividend yield. This milestone underscores a significant uptrend from the agricultural and construction equipment manufacturer, which has seen its stock price climb by 9.22% over the past year. Investors have shown increased confidence in CNH Industrial’s market position and its ability to capitalize on the rising demand within the sectors it serves. The 52-week high represents a key indicator of the company’s strong performance and investor optimism about its future prospects. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with 12 additional exclusive insights available to subscribers.
In other recent news, CNH Industrial reported a 28% year-over-year decline in its fourth-quarter revenue for 2024, totaling $4.88 billion, primarily due to weaker demand in the Agriculture and Construction equipment markets. Despite these challenges, the company achieved $600 million in run rate savings by the end of 2024, contributing to structural cost reductions. Looking ahead, CNH Industrial anticipates a decrease in net sales for the Agriculture segment by 13% to 18%, and a 5% to 10% decrease for the Construction segment in 2025. The firm also forecasts free cash flow to be between $200 million and $500 million and adjusted diluted EPS in the range of $0.65 to $0.75.
Analyst Nazmi Ghazali from CFRA raised the stock target for CNH Industrial to $13, maintaining a Hold rating on the stock. Meanwhile, Citi analyst Kyle Menges increased the price target to $15, reiterating a Buy rating. DA Davidson also lifted its stock target for CNH Global to $14, maintaining a Neutral stance. These adjustments follow CNH Industrial’s recent earnings report and reflect analysts’ projections for the company’s performance. These are the latest developments in the ongoing analysis of CNH Industrial’s financial health.
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