Navistar International Corp Given Average Recommendation of “Hold” by Analysts (NYSE:NAV)
Shares of Navistar International Corp (NYSE:NAV) have been given an average recommendation of “Hold” by the twelve analysts that are currently covering the company, Stock Ratings Network.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $38.56.
NAV has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Navistar International Corp in a research note on Friday, August 8th. They now have a $36.00 price target on the stock. Separately, analysts at Vertical Research downgraded shares of Navistar International Corp to a “sell” rating in a research note on Friday, August 1st. Finally, analysts at Piper Jaffray initiated coverage on shares of Navistar International Corp in a research note on Wednesday, July 16th. They set an “overweight” rating and a $46.00 price target on the stock.
Navistar International Corp (NYSE:NAV) traded up 0.96% on Wednesday, hitting $37.97. 69,228 shares of the company’s stock traded hands. Navistar International Corp has a one year low of $29.08 and a one year high of $41.57. The stock has a 50-day moving average of $36.68 and a 200-day moving average of $35.. The company’s market cap is $3.088 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 $-7.18 EPS for the current fiscal year.
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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