CNH Industrial N.V. (CNHI)
After hours:
| Previous close | 11.58 |
| Open | 11.49 |
| Bid | 11.39 x 4000 |
| Ask | 11.40 x 1300 |
| Day's range | 11.27 - 11.51 |
| 52-week range | 9.77 - 15.74 |
| Volume | |
| Avg. volume | 11,526,651 |
| Market cap | 14.421B |
| Beta (5Y monthly) | 1.70 |
| PE ratio (TTM) | 6.48 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.47 (4.12%) |
| Ex-dividend date | 10 May 2024 |
| 1y target est | N/A |
- Reuters
Caterpillar, Deere inventories in focus as machinery demand plateaus
Equipment inventories will be in focus when Caterpillar, Deere and CNH Industrial report quarterly results in the coming weeks, as investors await clues on demand in what is expected to be a lukewarm year for the sector. Coming off of a strong 2023 where supply chain concerns and soaring demand prompted dealers to bulk up on tractors, combines and construction equipment, U.S. machinery makers are now seeing a moderation in product stocking at dealers, forcing them to tighten their inventories. "I do think inventories are going to be the most important data point ... whether it's construction equipment, mining, or agricultural, just at what level are those inventories at the retail channel?" said Oppenheimer analyst Kristen Owen.
- Bloomberg
Tractor Maker CNH Fall After Surprising CEO Change
(Bloomberg) -- CNH Industrial NV’s shares fell by the most since November after Bank of America downgraded the farm machinery maker following an unexpected announcement that Chief Executive Officer Scott Wine will leave at the end of June.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingStocks Climb as US Earnings Kick Into High Gear: Ma
- Barrons.com
Deere Peer CNH Announces CEO Departure. The Stock Is Falling.
Chief Executive Scott Wine is leaving the maker of agricultural machinery after three years at the helm.
