CNHI - CNH Industrial N.V.
| Previous Close | 11.20 |
| Open | 11.03 |
| Bid | 11.03 x 3200 |
| Ask | 11.04 x 1400 |
| Day's Range | 10.97 - 11.05 |
| 52 Week Range | 8.41 - 12.68 |
| Volume | 259,513 |
| Avg. Volume | 1,715,434 |
| Market Cap | 14.893B |
| Beta (3Y Monthly) | 1.59 |
| PE Ratio (TTM) | 13.02 |
| EPS (TTM) | 0.85 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.20 (1.80%) |
| Ex-Dividend Date | 2019-04-23 |
| 1y Target Est | 11.75 |
- Zacks
The Zacks Analyst Blog Highlights: Deere, AGCO, CNH, Nutrien and Mosaic
The Zacks Analyst Blog Highlights: Deere, AGCO, CNH, Nutrien and Mosaic
- GlobeNewswire
Iveco Defence Vehicles awarded contract to deliver a new generation of medium multirole protected vehicles to Dutch Armed Forces
London, September 12, 2019 Iveco Defence Vehicles, a company of CNH Industrial N.V. (NYSE: CNHI /MI: CNHI), announced today that it has been awarded a contract by the Dutch.
- Zacks
Trade War Weighs on U.S. Agriculture, Brazil-Argentina Wins
Thanks to the trade war, China has reduced import of farm products from the U.S. But, agricultural producers in Brazil and Argentina seem to be gaining from the ongoing trade tussle.
- GlobeNewswire
CNH Industrial agricultural brands lead at Agritechnica 2019
CNH Industrial has reached another significant milestone in its mission to become the world’s leading capital goods company, demonstrating the depth and breadth of its agricultural expertise by hosting all of its agricultural brands in a single space at Agritechnica 2019, one of the world’s largest trade shows, held in Hanover, Germany from November 10 to 16. Agritechnica 2019 will mark an important step for CNH Industrial (NYSE: CNHI / MI: CNHI), as the Company’s significant presence at this year’s exhibition underscores its position as a leading global agricultural equipment manufacturer, both in terms of products and advanced farming services, including industry-leading precision farming technologies.
- Zacks
The Zacks Analyst Blog Highlights: Honda, Toyota, CNH, Ford and Tesla
The Zacks Analyst Blog Highlights: Honda, Toyota, CNH, Ford and Tesla
- Benzinga
Additional Suppliers Reveal Investments In Nikola's Fuel Cell-Electric Trucks
More of the money behind Nikola Corporation's plans to produce hydrogen-powered fuel cell electric Class 8 trucks is being revealed. On September 3, London-based CNH Industrial revealed that it was leading Nikola's Series D fundraising round. On Thursday, September 5, Nikola said German multinational engineering and technology supplier Robert Bosch LLC and South Korea conglomerate Hanwha Group had invested a total of $230 million cash in earlier funding rounds.
- Zacks
Auto Stock Roundup: CNH Industrial's Spin-Off, Ford Recalls & More
CNH Industrial (CNHI) plans to separate the IVECO truck business from the agriculture and construction business, while recalls more than 550,000 trucks and SUVs in North America to resolve the vehicles' seat-back issue.
- Zacks
CNH Industrial's Spin-Off of IVECO Truck Unit to Unlock Value
CNH Industrial's (CNHI) decision to hive off the Iveco brand and powertrain business into a separate company is part of its new 2020-2024 business plan.
- American City Business Journals
European investor to pump millions into Phoenix semi-truck maker
The hybrid truck manufacturing startup is looking to raise as much as $1 billion to scale up work on its vehicles.
- Benzinga
CNH Industrial Takes $250 Million Lead In Nikola's Series D Round
CNH Industrial N.V. (NYSE: CNHI ) is investing $250 million in fuel cell heavy-duty trucking startup Nikola Corp., lending credence to Nikola's pledge to commercially produce hydrogen-powered fuel cell ...
- Reuters
UPDATE 4-CNH Industrial to list truck and bus business in break-up
Industrial vehicle maker CNH Industrial has decided to split in two and list its truck, bus and engine division in an effort to boost asset values and streamline its businesses. The plan comes just six years after CNH Industrial was created when Fiat Industrial - spun off from the Italian carmaker - was folded into U.S.-based agricultural and construction machine firm CNH. CNH Industrial aims to complete the separation by early 2021, creating a company to run agriculture and construction brands such as Case and New Holland and listing a separate unit to manage Iveco trucks, Iveco and Heuliez buses and FPT powertrains.
- MarketWatch
CNH Industrial's stock falls, after 'transformation' plan expected to lead to charges of up to $500 million
Shares of CNH Industrial N.V. fell 2.7% in premarket trading Tuesday, after the maker of agricultural equipment and commercial vehicles announced a transformation plan that will lead to charges of between $450 million to $500 million through 2022. Of the total charges, the company expects $250 million to be in cash. The plan, aimed at reducing operating costs and increasing efficiencies, includes the separation of its "On-Highway" and "Off-Highway" businesses, which the company determined have "diverging regulatory and customer requirements" that are impacted differently by industry trends. CNH expects the spinoff of the "On-Highway" assets to maximize management focus and flexibility, while the "Off-Highway" company will be predominantly an agriculture company. The newly listed "On-Highway" company had 2018 pro forma industrial activities revenue of $13.1 billion, while the "Off-Highway" business had revenue of $15.6 billion. "Our clear assessment of the key megatrends, that are rapidly changing the business landscape, has led us to embrace this challenge and transform the company," said Chief Executive Hubertus Mühlhäuser. Separately, CNH said it is investing $250 million in Nikola Corp., which makes zero-emission heavy-duty trucks. CNH's stock has lost 14.4% over the past 12 months, while the Dow Jones Industrial Average has gained 1.7%.
- Financial Times
CNH Industrial to spin off truckmaker Iveco as separate unit
CNH Industrial, the agricultural equipment maker controlled by Italy’s Agnelli family, will spin out truckmaker Iveco as a separate business as part of a five-year plan to double profits. The company will hive off Iveco, Iveco Bus and the Heuliez Bus commercial vehicle brands, along with its powertrain business, into a separate company with revenues of $13bn by 2021. The remaining company will comprise the tractor business and construction equipment divisions, as well as special vehicles such as firefighting trucks, with combined revenues of around $16bn.
- GlobeNewswire
CNH Industrial acquires AgDNA, a leader in Farm Management Information Systems
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI), today announced its agreement to acquire AgDNA, a leader in Farm Management Information Systems (FMIS). This acquisition will enable CNH Industrial’s customers, and those of third party agricultural machinery, to benefit from AgDNA’s single point data integration, mapping and analytical tools. Paired with CNH Industrial’s agricultural brands’ fleet management telematics, the combined solution will empower farmers and agribusinesses to consolidate a wide range of agronomic data streams, arising from a range of inputs such as machine, agronomic and third party data – including crop prices and weather information – into a single platform, to facilitate expedited decision making.
- GlobeNewswire
H Industrial to lead NIKOLA’s Series D round with $250 million investment. Parties announce strategic partnership to industrialize fuel-cell and battery electric Heavy-Duty Trucks for North America and Europe
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI), today announced its intention to enter into a strategic and exclusive Heavy-Duty Truck partnership with Nikola Corporation, based in Phoenix, Arizona, U.S.A., to accelerate industry transformation towards emission neutrality of Class 8 / Heavy-Duty Trucks in North America and Europe through the adoption of fuel-cell technology. Nikola’s zero-emission Heavy Duty Trucks, powered by proprietary hydrogen fuel cell and battery technology, will be the first-to-production. CNH Industrial will take a $250 million strategic stake in Nikola as the lead Series D investor, comprising $100 million cash and $150 million in services, such as product development, manufacturing engineering, and other technical assistance, as well as supply of certain key components to accelerate the production timeline of the Nikola TWO and Nikola TRE.
- Reuters
CNH Industrial to split business in two, list truck and bus division
Industrial vehicle maker CNH Industrial said on Tuesday it planned to split its operations in two to create two more focused businesses. CNH Industrial plans to complete the revamp by early 2021, creating a company to run its agriculture and construction operations and another, which it would publicly list, to run its truck, bus and engine assets.
- GlobeNewswire
CNH Industrial Presents ‘Transform 2 Win’ Strategy for Stakeholder Value Creation at New York Investor Day
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI), today will announce its new five-year 2020 – 2024 business plan ‘Transform 2 Win’ at its Capital Markets Day event in New York, U.S.A., presenting a detailed strategy to transform the Company’s structure and performance to empower its five operating segments achieve their full potential.
- GlobeNewswire
CNH Industrial today presents the Strategic Business Plan at its Capital Markets Day
London, September 3, 2019 CNH Industrial (NYSE: CNHI / MI: CNHI) will today present the five-year Strategic Business Plan at its Capital Markets Day, to be held at the New York.
- Zacks
CNH (CNHI) Up 2.4% Since Last Earnings Report: Can It Continue?
CNH (CNHI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
Is CNH Industrial Mulling Over Divestment of Iveco Division?
While there has been no definite announcement regarding the spin-off of CNH Industrial's (CNH) Iveco division, reports suggest that it has been mulling over a possible divestment for quite some time.
- GlobeNewswire
CNH Industrial CEO calls for passage of USMCA to support U.S. farmers and manufacturers
Burr Ridge, August 30, 2019 The Chief Executive Officer of CNH Industrial (NYSE: CNHI /MI: CNHI), Hubertus Mühlhäuser, urged prompt Congressional passing of the United.
- Simply Wall St.
Boasting A 21% Return On Equity, Is CNH Industrial N.V. (NYSE:CNHI) A Top Quality Stock?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Bloomberg
CNH Industrial Weighs Options for Iveco Truck Unit
(Bloomberg) -- Italy’s Agnelli billionaire clan is seeking to replicate at CNH Industrial NV what worked so well during the reign of former Fiat Chrysler Chief Executive Officer Sergio Marchionne: unlocking value by separating businesses that get different valuations from investors.CNH, controlled by the family and once chaired by the late Marchionne, is weighing possibilities including spinning off the Iveco division or combining it with a competitor, according to people familiar with the matter, who asked not to be identified because the information is private. The company could announce a strategic review of the business as soon as next week, when it’s is holding an investor meeting, the people said.The company’s farm equipment businesses with brands like Case and New Holland were once part of carmaker Fiat Chrysler Automobiles NV. The possibility of separating the truck business from the company’s more profitable tractor division has long been mooted, with then-Chief Executive Officer Richard Tobin saying last year he would consider spinning off Iveco after further strengthening CNH’s balance sheet.No final decisions have been made, and there’s no certainty the deliberations will lead to a transaction, the people said. The company plans to unveil a wider reorganization at its investor meeting in New York Sept. 3, the people said. Representatives for CNH declined to comment.CNH jumped as much as 4.9% in Milan on Friday, valuing the company at 12.5 billion euros ($13.8 billion), following earlier gains in New York on Thursday after Bloomberg News reported plans for a revamp.CNH’s agricultural business, by far its biggest unit, boasts profit margins that are more than triple those of the trucks operation. The overall company’s valuation also trails its peers in the farm machinery industry, trading at an enterprise value of 5.8 times this year’s estimated earnings before interest, tax, depreciation and amortization. Deere & Co., which only makes agricultural equipment, trades at a multiple of 11.7 times, data compiled by Bloomberg show.Tobin was a close aide of Marchionne, who long championed separating businesses to help drive more value for shareholders. The strategy increased the value of the Fiat empire more than 10-fold during his tenure, helped by spinoffs of Fiat Industrial SpA, which later became CNH, and super-car maker Ferrari NV. Marchionne died last year.Tobin left CNH in April and has since become CEO of U.S. industrial manufacturer Dover Corp. He was succeeded by Hubertus Muehlhaeuser, a former vice president of AGCO Corp. and CEO of Welbilt Inc.The new CEO said at the annual shareholders meeting in April the company was “doing a portfolio review of its assets but considers all business core.”\--With assistance from Ed Hammond and Michael Hytha.To contact the reporters on this story: Tommaso Ebhardt in Milan at tebhardt@bloomberg.net;Manuel Baigorri in Hong Kong at mbaigorri@bloomberg.net;Daniele Lepido in Milan at dlepido1@bloomberg.netTo contact the editors responsible for this story: Chad Thomas at cthomas16@bloomberg.net, ;Fion Li at fli59@bloomberg.net, Elisabeth Behrmann, Ben ScentFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Should Value Investors Pick CNH Industrial (CNHI) Stock Now?
Let's see if CNH Industrial N.V. (CNHI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- Zacks
CNH Industrial (CNHI) in Focus: Stock Moves 6.5% Higher
CNH Industrial (CNHI) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
