Navistar International (NAV) Set to Announce Quarterly Earnings on Friday

Navistar International (NYSE:NAV) will be issuing its quarterly earnings data before the market opens on Friday, March 8th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Navistar International has set its FY 2019 guidance at EPS.

Navistar International (NYSE:NAV) last posted its quarterly earnings results on Tuesday, December 18th. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.68 by $0.21. Navistar International had a net margin of 3.32% and a negative return on equity of 7.75%. The business had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.24 billion. During the same period in the previous year, the company posted $1.36 EPS. Navistar International’s revenue was up 27.7% on a year-over-year basis. On average, analysts expect Navistar International to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Navistar International stock opened at $37.59 on Wednesday. Navistar International has a 12 month low of $23.69 and a 12 month high of $44.34. The firm has a market cap of $3.72 billion, a PE ratio of 11.09, a P/E/G ratio of 2.13 and a beta of 2.32.

A number of brokerages recently issued reports on NAV. Zacks Investment Research upgraded shares of Navistar International from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th. ValuEngine upgraded shares of Navistar International from a “sell” rating to a “hold” rating in a report on Monday, February 4th. BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 price objective (down from $40.00) on shares of Navistar International in a report on Monday, December 24th. Royal Bank of Canada decreased their price objective on shares of Navistar International to $32.00 and set a “market perform” rating for the company in a report on Wednesday, December 19th. Finally, Robert W. Baird upped their price objective on shares of Navistar International from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Wednesday, December 19th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $41.21.

In other Navistar International news, Director Stephen R. D’arcy acquired 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 20th. The stock was purchased at an average cost of $26.69 per share, for a total transaction of $93,415.00. Following the completion of the acquisition, the director now owns 3,383 shares of the company’s stock, valued at approximately $90,292.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 18.10% of the company’s stock.

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Navistar International Company Profile

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services.

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Earnings History for Navistar International (NYSE:NAV)

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