Cnh Industrial

CNH Industrial is a holding company. Through its subsidiaries, Co. is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for those vehicles and engines for marine and power generation applications. Co. divides its business activities into three operating segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services.
  • TickerCNHI
  • ISINNL0010545661
  • SectorIndustrial Engineering
  • CountryNetherlands

Analysts

Thanks to a better fundamental star rating, CNH INDUSTRIAL NV sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to CNH INDUSTRIAL NV (US), active in the Commercial Vehicles & Trucks industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date January 15, 2019, the closing price was USD 9.73 and its expected value was estimated at USD 9.49.

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/08/2019

We are launching our Large Cap convictions list. The emphasis is on quality stocks, focusing where possible on companies with low levels of debt, and visibility. By visibility we mean the ability to defend free cash flow generation, through strong competitive positioning (pricing power) and/or rationalisation/optimisation programmes driven by management with a proven track record. Our list includes: Air France, AXA, Carrefour, Dassault Systèmes, Engie, Intesa San Paolo, Michelin, MTU,...

Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/01/2019

Nous lançons notre liste de convictions Large Cap. Nous la plaçons sous le signe de la qualité, en privilégiant si possible les structures bilancielles peu endettées, et la visibilité. Par visibilité nous entendons la capacité à défendre la génération de free cash-flow, que ce soit par le biais d’un positionnement concurrentiel fort (pricing power) et/ou via l’existence de programmes de rationalisation/ optimisation portés par un management disposant d’un track record éprouvé. Entrent...

CNH Industrial N.V. - September 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

CNH Industrial N.V.: Update following upgrade to Baa3, stable outlook

Strong competitive position in Agriculture Equipment coupled with deleveraging improved CNHI's credit profile

CNH Industrial N.V.: Update following upgrade to Baa3, stable outlook

Strong competitive position in Agriculture Equipment coupled with deleveraging improved CNHI's credit profile

CNH Industrial N.V. - June 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

CNH Industrial N.V. - March 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/08/2019

We are launching our Large Cap convictions list. The emphasis is on quality stocks, focusing where possible on companies with low levels of debt, and visibility. By visibility we mean the ability to defend free cash flow generation, through strong competitive positioning (pricing power) and/or rationalisation/optimisation programmes driven by management with a proven track record. Our list includes: Air France, AXA, Carrefour, Dassault Systèmes, Engie, Intesa San Paolo, Michelin, MTU,...

Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/01/2019

Nous lançons notre liste de convictions Large Cap. Nous la plaçons sous le signe de la qualité, en privilégiant si possible les structures bilancielles peu endettées, et la visibilité. Par visibilité nous entendons la capacité à défendre la génération de free cash-flow, que ce soit par le biais d’un positionnement concurrentiel fort (pricing power) et/ou via l’existence de programmes de rationalisation/ optimisation portés par un management disposant d’un track record éprouvé. Entrent...

François Maury ...
  • Georges Dieng

ODDO : Top 5 car market in Europe: -0.8% in 2018, -0.9% in 2019e

>Top 5 car market in Europe: -6.6% in December, -0.8% YTD - In December, new car registrations in the Top 5 Europe market (>70% of EU+EFTA volumes) were down by 6.6%. The decline was driven mainly by France (-14.5%), the UK (-5.5%), and Spain (-3.5%). The Italian and German markets rose slightly, by +2.0% and +0.2% respectively.The slump in the French market can probably be attributed largely to the “yellow vest” protests. Our market estimates for 2019 are ...

François Maury ...
  • Georges Dieng

ODDO : Marché VP Top 5 Europe : -0.8% en 2018, -0.9%/2019e

>Marché VP Top 5 Europe : -6.6% en décembre, -0.8% YTD - En décembre, les immatriculations sur le Top 5 (> 70% des volumes EU+EFTA) ont diminué de 6.6%. La baisse vient principalement de la France (-14.5%), du UK (-5.5%) et de l’Espagne (-3.5%). Les marchés italien et allemand sont en légère hausse, +2.0% et +0.2% respectivement.La forte baisse observée sur le marché français est probablement largement liée à la crise des gilets jaunes. Pour 2019, nous rete...

Antoine Boivin-Champeaux ...
  • Bruno Cavalier
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Laurence Hofmann
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/07/2019

...

2 directors sold after exercising options/sold

Two Directors at Cnh Industrial Nv sold after exercising options/sold 13,146 shares at between 11.512USD and 11.520USD. The significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity ...

Alex Koagne ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Charles Lepetitpas
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/08/2018

A few weeks after the French government officially mandated advisers to work on EDF’s “architecture”, we provide an update on the main scenarios and their financial consequences. Our status-quo approach gives a valuation of between € 18.0 (+20%) and € 19.2 (+28%), depending on the outcome of the Multiannual Energy Plan (MEP). Under alternative scenarios, with total regulation of the nuclear sector or segregation of nuclear power, our valuation ranges from € 22.5 (+50%) to € 24.0 (+71%...

Alex Koagne ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Charles Lepetitpas
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Roland Pfaender
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/11/2018

Quelques semaines après que l’Etat ait officiellement mandaté des conseils pour travailler sur « l’architecture d’EDF », nous revenons sur les principales hypothèses d’évolution et leurs conséquences financières. Notre approche statu quo nous amène à une valorisation du titre entre 18.0 € (+20%) et 19.2 € (+28%), en fonction de la PPE, tandis que les hypothèses alternatives, avec régulation totale du nucléaire ou sanctuarisation du nucléaire, la porterait entre 22.5 € (+50%) et 24.0 €...

Thanks to a better fundamental star rating, CNH INDUSTRIAL NV sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to CNH INDUSTRIAL NV (US), active in the Commercial Vehicles & Trucks industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date January 15, 2019, the closing price was USD 9.73 and its expected value was estimated at USD 9.49.

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

ValuEngine Rating and Forecast Report for CNHI

Expert Corporate Governance Service (ECGS)

Proxy Report - 13/04/2018

We have serious concerns over the CNH Industrial's corporate governance, as it does not respect the "one share – one vote" principle: all shareholders that have registered their shares for more than 3 years are entitled to receive an additional voting right. The major shareholder Exor (26.9% of the share capital and 41.7% of votes) holds 92.9% of special voting rights. Concerns also arise over the composition of the Board, as it is chaired by the executive Director Mr. Sergio Marchionne, although the Bylaws provide that "the chairperson of the Board of Directors shall be a non-executive Direc...

Jérôme VINERIER

Short term view - CNH INDUSTRIAL NV : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €8.400. The background trend would be questioned should prices rise above €10.860.

Jérôme VINERIER

Analyse court terme - CNH INDUSTRIAL NV : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 8,400 €. La tendance de fond serait remise en cause en cas de franchissement de 10,860 €.

Jérôme VINERIER

Analyse court terme - CNH INDUSTRIAL NV : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 8,400 €, puis 7,799 €. Le franchissement de 10,860 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Short term view - CNH INDUSTRIAL NV : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at €8.400, then €7.799. Passing €10.860 would question the continuation of the fall.

Valérie GASTALDY

Analyse moyen terme - CNH INDUSTRIAL NV : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

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