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Farm & Construction Machinery Stocks on Investors' Radar -- Deere, Manitowoc, Joy Global, and CNH Industrial

DE, CNH, MTW

PR Newswire

NEW YORK, December 14, 2016 /PRNewswire/ --

Companies in the Farm and Construction Machinery industry are engaged in the manufacturing of vehicles and machinery for construction and agricultural operations. This includes heavy trucks, road paving and earth-moving machinery, tractors, bulldozers, cranes, planting, and harvesting machinery, among many others. Pre-market, Stock-Callers.com has issued research reports on the following equities: Deere & Co. (NYSE: DE), The Manitowoc Co. Inc. (NYSE: MTW), Joy Global Inc. (NYSE: JOY), and CNH Industrial N.V. (NYSE: CNHI). Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Deere 

At the close on Tuesday, shares in Illinois headquartered Deere & Co. saw a drop of 1.06%, ending the day at $101.33. The stock recorded a trading volume of 2.59 million shares. The Company's shares have advanced 11.23% in the last one month, 26.68% over the previous three months, and 35.84% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.39% and 21.16%, respectively. Moreover, shares of Deere & Co., which together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide, have a Relative Strength Index (RSI) of 63.39.

On November 23rd, 2016, the company reported that net income attributed to Deere & Co. was $285.3 million, or $0.90 per share, for Q4 FY16 compared to $351.2 million, or $1.08 per share, for Q4 FY15. The company's worldwide net sales and revenues decreased 3% to $6.520 billion for Q4 FY16 and were down 8% to $26.644 billion for FY16.

On December 01st, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'. DE complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=DE


Manitowoc 

Shares in Wisconsin-based The Manitowoc Co. Inc. ended the day 0.33% lower at $6.03 with a total trading volume of 1.69 million shares. In the last month and in the previous three months, the stock has gained 18.47% and 40.56%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 22.52% and 15.02%, respectively. Furthermore, shares of Manitowoc, which designs, manufactures, and sells cranes and related products worldwide, have an RSI of 64.51.

On November 07th, 2016, Manitowoc Foodservice reported that net sales in Q3 2016 were $384.0 million compared to $425.3 million in Q3 2015, a 9.7% decline. The company's net earnings in Q3 2016 were $24.9 million and diluted earnings per share were $0.18 compared to $41.1 million and $0.30 per share on a carve-out basis in Q3 2015.

On December 09th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Neutral' to 'Underweight'. The complimentary report on MTW can be downloaded at:


http://stock-callers.com/registration/?symbol=MTW


Joy Global 

On Tuesday, shares in Wisconsin headquartered Joy Global Inc. finished 0.04% lower at $28.05 with a total trading volume of 759,746 shares. The stock has advanced 1.63% over the previous three months and 122.76% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.40% and 20.53%, respectively. Additionally, shares of Joy Global, which manufactures and services mining equipment for extraction of coal, copper, iron ore, oil sands, gold, and other minerals and ores worldwide, have an RSI of 53.51.

On December 01st, 2016, Joy Global announced that it will release Q4 FY16 and FY16 earnings results prior to market open on December 14th, 2016. On July 21st, 2016, the company announced that it had entered into an Agreement and Plan of Merger under which Komatsu America Corp., a subsidiary of Komatsu Ltd, will acquire the company. In light of the pending merger, the company will not hold a conference call following issuance of its earnings release. Sign up for your complimentary research report on JOY at:

http://stock-callers.com/registration/?symbol=JOY


CNH Industrial 

London, the UK-based CNH Industrial N.V.'s shares recorded a trading volume of 1.20 million shares at the end of yesterday's session, which was above their three months average volume of 1.13 million shares. The stock closed the day 0.69% higher at $8.75. The Company's shares have advanced 10.20% in the last one month, 22.38% over the previous three months, and 30.50% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.89% and 20.66%, respectively. Additionally, shares of CNH Industrial, which designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, engines, transmissions, and axles worldwide, have an RSI of 61.05.

On November 28th, 2016, research firm Piper Jaffray upgraded the Company's stock rating from 'Underweight' to 'Neutral'.

On December 12th, 2016, the SFH powertrain manufacturing plant in Chongqing, China was certified Bronze Level in World Class Manufacturing program. SFH is a joint venture in which CNH Industrial N.V. is majority shareholder. Get free access to your research report on CNHI at:

http://stock-callers.com/registration/?symbol=CNHI

--

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SOURCE Chelmsford Park SA



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