Navistar International Corporation (NAV) Rating Reiterated by Stifel Nicolaus

Stifel Nicolaus restated their hold rating on shares of Navistar International Corporation (NYSE:NAV) in a research report report published on Friday, November 3rd. Stifel Nicolaus currently has a $45.00 target price on the stock.

Several other research analysts also recently commented on NAV. BidaskClub raised shares of Navistar International Corporation from a sell rating to a hold rating in a report on Thursday, July 6th. Royal Bank Of Canada reaffirmed a hold rating and set a $31.00 price objective on shares of Navistar International Corporation in a report on Wednesday, July 12th. Zacks Investment Research downgraded shares of Navistar International Corporation from a hold rating to a sell rating in a report on Wednesday, July 19th. Jefferies Group LLC reissued a buy rating and issued a $35.00 price target on shares of Navistar International Corporation in a research note on Friday, July 21st. Finally, Piper Jaffray Companies reissued a hold rating and issued a $27.00 price target on shares of Navistar International Corporation in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. Navistar International Corporation has an average rating of Hold and a consensus price target of $37.67.

Navistar International Corporation (NYSE NAV) traded down $0.33 during trading on Friday, hitting $38.59. 289,405 shares of the company’s stock traded hands, compared to its average volume of 611,103. The company has a current ratio of 1.23, a quick ratio of 0.94 and a debt-to-equity ratio of -0.86. Navistar International Corporation has a 1 year low of $22.89 and a 1 year high of $45.47.

Navistar International Corporation (NYSE:NAV) last issued its quarterly earnings results on Wednesday, September 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.09. The company had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the previous year, the business earned ($0.42) EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. sell-side analysts expect that Navistar International Corporation will post -0.51 earnings per share for the current fiscal year.

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In other Navistar International Corporation news, Director Stephen R. D’arcy sold 1,000 shares of Navistar International Corporation stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of $44.34, for a total transaction of $44,340.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 21.80% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Hanseatic Management Services Inc. lifted its stake in shares of Navistar International Corporation by 1.2% in the 2nd quarter. Hanseatic Management Services Inc. now owns 7,036 shares of the company’s stock valued at $185,000 after purchasing an additional 81 shares during the period. UBS Asset Management Americas Inc. increased its holdings in Navistar International Corporation by 0.4% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 43,996 shares of the company’s stock worth $1,154,000 after acquiring an additional 176 shares in the last quarter. Creative Planning increased its holdings in Navistar International Corporation by 7.7% in the 2nd quarter. Creative Planning now owns 5,464 shares of the company’s stock worth $143,000 after acquiring an additional 389 shares in the last quarter. Ameritas Investment Partners Inc. increased its holdings in Navistar International Corporation by 10.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,367 shares of the company’s stock worth $115,000 after acquiring an additional 430 shares in the last quarter. Finally, Aperio Group LLC grew its holdings in shares of Navistar International Corporation by 2.4% during the second quarter. Aperio Group LLC now owns 23,707 shares of the company’s stock worth $622,000 after buying an additional 550 shares in the last quarter. Hedge funds and other institutional investors own 82.53% of the company’s stock.

Navistar International Corporation Company Profile

Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations).

Analyst Recommendations for Navistar International Corporation (NYSE:NAV)

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