Navistar International Corp Given Consensus Recommendation of “Hold” by Brokerages (NYSE:NAV)
Shares of Navistar International Corp (NYSE:NAV) have been given a consensus recommendation of “Hold” by the thirteen analysts that are currently covering the stock, American Banking & Market News reports. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $38.69.
Shares of Navistar International Corp (NYSE:NAV) traded up 1.65% on Friday, hitting $37.01. 347,180 shares of the company’s stock traded hands. Navistar International Corp has a 52-week low of $25.56 and a 52-week high of $41.57. The stock has a 50-day moving average of $35.11 and a 200-day moving average of $35.97. The company’s market cap is $3.008 billion.
Navistar International Corp (NYSE:NAV) last released its earnings data on Thursday, June 5th. The company reported ($3.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.31) by $2.34. The company had revenue of $2.70 million for the quarter, compared to the consensus estimate of $2.72 million. During the same quarter in the previous year, the company posted ($4.39) earnings per share. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. Analysts expect that Navistar International Corp will post $-4.26 EPS for the current fiscal year.
A number of research firms have recently commented on NAV. Analysts at CRT Capital raised their price target on shares of Navistar International Corp from $33.00 to $35.00 in a research note on Friday. They now have a “fair value” rating on the stock. Separately, analysts at Barclays raised their price target on shares of Navistar International Corp from $35.00 to $36.00 in a research note on Friday. Finally, analysts at BMO Capital Markets raised their price target on shares of Navistar International Corp from $35.00 to $36.00 in a research note on Tuesday, March 11th.
Navistar International Corporation (NYSE:NAV) is a holding company, whose principal operating subsidiaries are Navistar, Inc and Navistar Financial Corporation (NFC).
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