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CNH Industrial (CNHI) Stock Sinks As Market Gains: What You Should Know

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CNH Industrial (CNHI - Free Report) closed the most recent trading day at $14.24, moving -0.07% from the previous trading session. This change lagged the S&P 500's daily gain of 1.76%. Elsewhere, the Dow gained 1.17%, while the tech-heavy Nasdaq added 3.03%.

Prior to today's trading, shares of the truck, tractor and bus maker had lost 13.48% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 12.73% and the S&P 500's loss of 5.94% 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, the Zacks Consensus Estimate for revenue is projecting net sales of $5.31 billion, up 14.27% from the year-ago period.

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 might also notice recent changes to analyst estimates for CNH Industrial. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

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 8.37. Its industry sports an average Forward P/E of 7.03, so we one might conclude that CNH Industrial is trading at a premium comparatively.

The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 69, putting it in the top 28% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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