CNH Industrial closed the most recent trading day at $15.12, moving +1.2% from the previous trading session. This change lagged the S&P 500's 1.68% gain on the day. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq lost 1.7%.
Prior to today's trading, shares of the truck, tractor and bus maker had lost 8.96% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 8.5% and the S&P 500's loss of 6.68% in that time.
CNH Industrial will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.33, up 17.86% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.31 billion, up 14.27% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.70 per share and revenue of $25.97 billion, which would represent changes of +16.44% and +10.27%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for CNH Industrial. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. CNH Industrial is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note CNH Industrial's current valuation metrics, including its Forward P/E ratio of 8.77. This valuation marks a premium compared to its industry's average Forward P/E of 7.76.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 101, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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CNH Industrial (CNHI) Gains But Lags Market: What You Should Know
CNH Industrial closed the most recent trading day at $15.12, moving +1.2% from the previous trading session. This change lagged the S&P 500's 1.68% gain on the day. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq lost 1.7%.
Prior to today's trading, shares of the truck, tractor and bus maker had lost 8.96% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 8.5% and the S&P 500's loss of 6.68% in that time.
CNH Industrial will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.33, up 17.86% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.31 billion, up 14.27% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.70 per share and revenue of $25.97 billion, which would represent changes of +16.44% and +10.27%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for CNH Industrial. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. CNH Industrial is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note CNH Industrial's current valuation metrics, including its Forward P/E ratio of 8.77. This valuation marks a premium compared to its industry's average Forward P/E of 7.76.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 101, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.