Professional
Added to YB: 2025-01-22
Pitch date: 2025-01-21
CNH [bullish]
CNH Industrial N.V.
-20.46%
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
$12.45
Price Target
N/A
Dividend
1.93%
EV/EBITDA
20.03
P/E
16.21
EV/Sales
2.19
Sector
Machinery
Category
turnaround
Greenlight Capital New Position: CNH Industrial N.V.
CNH: Ag equipment maker at 11x trough EPS ($1). Downturn likely shorter than last: recent strikes/supply issues limited peak sales/inventory. Early production cuts to destock. Sales growth expected next year. 3% dividend, 5-6% annual buybacks. Ended 2024 at $11.33, acquired at $10.53.
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