Professional
Added to YB: 2024-07-31
Pitch date: 2024-06-30
CNH [bullish]
CNH Industrial N.V.
+0.6%
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
Longleaf Partners Fund Portfolio Holding: CNH Industrial N.V.
CNH: Ag equipment mkt weak due to low commodity prices & high rates. CEO exit adds uncertainty. Still, high-quality biz w/ pricing power in consolidating mkt. Essential for farm productivity. Gaining share, improving margins. EXOR (largest holder) to keep FCF/share focus. Long-term outlook positive despite near-term headwinds.
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