Added to YB: 2024-09-19
Pitch date: 2024-06-30
CNH [bullish]
CNH Industrial N.V.
-2.75%
current return
Author Info
No bio for this author
Company Info
CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.
Market Cap
$16.2B
Pitch Price
$9.84
Price Target
N/A
Dividend
1.93%
EV/EBITDA
20.03
P/E
16.21
EV/Sales
2.19
Sector
Machinery
Category
turnaround
Harris Associates Global All Cap Strategy Portfolio Holding: CNH Industrial N.V.
CNH: CEO Scott Wine leaving, replaced by Gerrit Marx of Iveco Group. 2024 guidance lowered on weak ag market. Long-term profitability potential unchanged. Structurally attractive ag equipment market position expected to improve. Stock remains compelling despite near-term headwinds.
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