Analysts’ Weekly Ratings Changes for Navistar International (NAV)

Navistar International (NYSE: NAV) recently received a number of ratings updates from brokerages and research firms:

  • 3/9/2018 – Navistar International was given a new $49.00 price target on by analysts at Susquehanna Bancshares Inc. They now have a “buy” rating on the stock.
  • 3/9/2018 – Navistar International was upgraded by analysts at Gabelli from a “hold” rating to a “buy” rating. They now have a $52.00 price target on the stock.
  • 3/8/2018 – Navistar International was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Navistar benefits from the launch of new products, boasting an improved quality and performance. Collaboration with Volkswagen will enable the company to develop its range of products and services that it currently offers to its customers. Moreover, the company is poised to benefit from its cost-saving initiatives. However, of late Navistar’s sales have been partly offset by year-over-year weak performances by its Parts and Global Operations segment. Also, lower engine and component volume sales in the South American market along with a dull Brazilian economy is a concern for the company. Additionally, it expects capital expenditure to increase to the tune of $200 million in fiscal 2018. Also, in the past six months, the company’s shares have underperformed the industry it belongs to.”
  • 3/8/2018 – Navistar International was given a new $50.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 3/8/2018 – Navistar International had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $53.00 price target on the stock.
  • 2/28/2018 – Navistar International was upgraded by analysts at Piper Jaffray Companies from a “neutral” rating to an “overweight” rating. They now have a $44.00 price target on the stock.
  • 2/20/2018 – Navistar International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “strong-buy” rating. They now have a $44.00 price target on the stock. According to Zacks, “Navistar benefits from the launch of new products, boasting an improved quality and performance. Collaboration with Volkswagen will enable the company to develop its range of products and services that it currently offers to its customers. Moreover, the company is poised to benefit from its cost-saving initiatives. However, of late Navistar’s sales have been partly offset by year-over-year weak performances by its Parts and Global Operations segment. Also, lower engine and component volume sales in the South American market along with a dull Brazilian economy is a concern for the company. Additionally, it expects capital expenditure to increase to the tune of $200 million in fiscal 2018. Also, year to date, the company’s shares have underperformed the industry it belongs to.”
  • 2/9/2018 – Navistar International was given a new $52.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 2/5/2018 – Navistar International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Of late Navistar’s sales have been partly offset by year-over-year weak performances by its Parts and Global Operations segment. Also, lower engine and component volume sales in the South American market along with a dull Brazilian economy is a concern for the company. Additionally, it expects capital expenditure to increase to the tune of $200 million in fiscal 2018. Also, over a month, the company’s shares have underperformed the industry it belongs to. However, Navistar benefits from the launch of new products, boasting an improved quality and performance. Collaboration with Volkswagen will enable the company to develop its range of products and services that it currently offers to its customers. Moreover, the company is poised to benefit from its cost-saving initiatives.”
  • 1/23/2018 – Navistar International is now covered by analysts at Buckingham Research. They set a “neutral” rating and a $48.00 price target on the stock.
  • 1/18/2018 – Navistar International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Navistar benefits from the launch of new products, boasting an improved quality and performance. Collaboration with Volkswagen will enable the company to develop its range of products and services that it currently offers to its customers. Moreover, the company is poised to benefit from its cost-saving initiatives. However, of late Navistar’s sales have been partly offset by year-over-year weak performances by its Parts and Global Operations segment. Also, lower engine and component volume sales in the South American market along with a dull Brazilian economy is a concern for the company. Additionally, it expects capital expenditure to increase to the tune of $200 million in fiscal 2018. Also, over a month, the company’s shares have underperformed the industry it belongs to.”
  • 1/16/2018 – Navistar International had its “neutral” rating reaffirmed by analysts at Seaport Global Securities.
  • 1/15/2018 – Navistar International was given a new $44.00 price target on by analysts at Piper Jaffray Companies. They now have a “hold” rating on the stock.

Shares of Navistar International Corp (NYSE NAV) opened at $35.13 on Wednesday. Navistar International Corp has a fifty-two week low of $22.89 and a fifty-two week high of $47.73. The firm has a market cap of $3,460.00, a price-to-earnings ratio of 319.36, a PEG ratio of 3.79 and a beta of 2.66. The company has a debt-to-equity ratio of -0.91, a current ratio of 1.22 and a quick ratio of 0.91.

Navistar International (NYSE:NAV) last announced its quarterly earnings data on Thursday, March 8th. The company reported ($0.24) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.41) by $0.17. Navistar International had a net margin of 0.22% and a negative return on equity of 1.78%. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period last year, the business earned ($0.76) EPS. The company’s revenue was up 14.6% on a year-over-year basis. sell-side analysts anticipate that Navistar International Corp will post 1.97 earnings per share for the current fiscal year.

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).

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