NEW YORK (TheStreet) --Shares of CNH Industrial were gaining 7% to $8.82 on heavy trading volume Wednesday following the farm and construction machinery company's general meeting. At the general meeting the shareholders of CNH Industrial re-elected all 11 members of the company's board of directors. The shareholders also granted the board the authority to repurchase up to 10% of the company's outstanding common shares. The repurchase authorization is available to the board of directors, and doesn't place the obligation on the company to repurchase its own shares. CNH Industrial also announced a 20 euro cent dividend at the annual meeting. The dividend is payable on April 29 to all shareholders of record as of the close of business on April 21. The ex-dividend date is set for April 20. About 3.5 million shares of CNH Industrial were traded by 1 p.m. Wednesday, above the company's average trading volume of about 1.5 million shares a day. TheStreet Ratings team rates CNH INDUSTRIAL NV as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation: "We rate CNH INDUSTRIAL NV (CNHI) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, poor profit margins and generally disappointing historical performance in the stock itself." Highlights from the analysis by TheStreet Ratings Team goes as follows: The debt-to-equity ratio is very high at 6.01 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. The gross profit margin for CNH INDUSTRIAL NV is rather low; currently it is at 19.48%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 1.03% trails that of the industry average. CNHI's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 27.73%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy. CNH INDUSTRIAL NV reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, CNH INDUSTRIAL NV increased its bottom line by earning $0.52 versus $0.22 in the prior year. For the next year, the market is expecting a contraction of 7.7% in earnings ($0.48 versus $0.52). CNHI, with its decline in revenue, slightly underperformed the industry average of 1.3%. Since the same quarter one year prior, revenues fell by 10.7%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share. You can view the full analysis from the report here: CNHI Ratings Report Must Read: Warren Buffett's Top 25 Stocks for 2015
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