Added to YB: 2024-12-27
Pitch date: 2024-09-30
CNH [bullish]
CNH Industrial N.V.
-11.85%
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
$10.86
Price Target
N/A
Dividend
1.93%
EV/EBITDA
20.03
P/E
16.21
EV/Sales
2.19
Sector
Machinery
Category
growth
The Gabelli Global Rising Income & Dividend Fund Portfolio Holding: CNH Industrial N.V.
CNH: Global ag/construction equipment maker. #2 in ag with Case IH, Steyr. Post-IVECO spin-off, focus on tech-driven ag growth (Raven acq). US infrastructure boost for construction. Near-term headwinds: crop prices, rates. Well-positioned for earnings/cash flow growth upon recovery.
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