Navient (NASDAQ:NAVI) Reaches New 12-Month Low – Should You Sell?

Navient Corporation (NASDAQ:NAVI) shares reached a new 52-week low during trading on Thursday . The company traded as low as $9.35 and last traded at $9.39, with a volume of 1172416 shares changing hands. The stock had previously closed at $9.84.

Analysts Set New Price Targets

NAVI has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their target price on shares of Navient from $14.00 to $12.50 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Navient in a research note on Monday, December 29th. Wall Street Zen cut shares of Navient from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Deutsche Bank Aktiengesellschaft reduced their price target on Navient from $15.00 to $9.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Finally, Zacks Research cut Navient from a “hold” rating to a “strong sell” rating in a research note on Monday, February 2nd. Five investment analysts have rated the stock with a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Sell” and a consensus price target of $11.63.

Navient Price Performance

The company has a current ratio of 9.01, a quick ratio of 9.41 and a debt-to-equity ratio of 16.94. The stock has a market cap of $910.74 million, a PE ratio of -11.39 and a beta of 1.32. The company’s 50 day moving average is $11.96 and its 200-day moving average is $12.44.

Navient (NASDAQ:NAVI) last announced its earnings results on Wednesday, January 28th. The credit services provider reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.29). Navient had a negative net margin of 2.47% and a positive return on equity of 4.70%. The business had revenue of $137.00 million for the quarter, compared to analyst estimates of $144.25 million. During the same quarter in the prior year, the business earned ($0.24) earnings per share. Navient has set its FY 2026 guidance at 0.650-0.800 EPS. As a group, sell-side analysts predict that Navient Corporation will post 1.04 earnings per share for the current year.

Institutional Trading of Navient

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its position in shares of Navient by 70.5% in the 4th quarter. GAMMA Investing LLC now owns 1,978 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 818 shares during the last quarter. CWM LLC grew its stake in Navient by 79.0% in the third quarter. CWM LLC now owns 2,525 shares of the credit services provider’s stock worth $33,000 after purchasing an additional 1,114 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in Navient in the fourth quarter valued at about $44,000. PNC Financial Services Group Inc. raised its stake in Navient by 39.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,228 shares of the credit services provider’s stock valued at $55,000 after buying an additional 1,191 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Navient by 3,045.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,127 shares of the credit services provider’s stock valued at $67,000 after buying an additional 4,964 shares in the last quarter. Institutional investors and hedge funds own 97.14% of the company’s stock.

About Navient

Navient Corporation (NASDAQ: NAVI) is a specialized provider of asset management and business processing solutions, with a primary focus on student loan servicing. Established in 2014 through the separation from Sallie Mae, Navient assumed responsibility for servicing federal and private education loans, positioning itself as one of the largest servicers of higher education debt in the United States.

The company’s core activities center on federal student loan servicing under contracts with the U.S.