Shares of Navistar International Corp (NYSE:NAV) have received a consensus rating of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $36.64.

NAV has been the topic of several research analyst reports. ValuEngine lowered shares of Navistar International from a “hold” rating to a “sell” rating in a research report on Monday. Zacks Investment Research upgraded shares of Navistar International from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. TheStreet upgraded shares of Navistar International from a “d-” rating to a “c” rating in a research report on Friday, March 8th. Finally, Longbow Research lowered shares of Navistar International from a “buy” rating to a “neutral” rating and set a $34.08 target price on the stock. in a research report on Monday, May 6th.

NAV traded up $0.09 during trading on Friday, hitting $30.75. The stock had a trading volume of 1,700 shares, compared to its average volume of 473,043. The stock has a market capitalization of $3.25 billion, a P/E ratio of 9.09, a P/E/G ratio of 0.72 and a beta of 2.25. Navistar International has a twelve month low of $23.69 and a twelve month high of $44.34.

Navistar International (NYSE:NAV) last announced its quarterly earnings data on Friday, March 8th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.02). The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.18 billion. Navistar International had a net margin of 3.93% and a negative return on equity of 8.96%. The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.74) earnings per share. On average, sell-side analysts anticipate that Navistar International will post 3.5 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in NAV. Ardevora Asset Management LLP increased its position in Navistar International by 52.6% during the 4th quarter. Ardevora Asset Management LLP now owns 1,366,542 shares of the company’s stock worth $35,462,000 after purchasing an additional 471,300 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Navistar International by 15.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,628,799 shares of the company’s stock valued at $52,611,000 after purchasing an additional 214,579 shares during the period. Norges Bank acquired a new position in shares of Navistar International during the fourth quarter valued at $5,228,000. Squarepoint Ops LLC increased its holdings in shares of Navistar International by 289.8% during the fourth quarter. Squarepoint Ops LLC now owns 164,562 shares of the company’s stock valued at $4,270,000 after purchasing an additional 122,347 shares during the period. Finally, Sandbar Asset Management LLP acquired a new position in shares of Navistar International during the first quarter valued at $3,681,000. Institutional investors and hedge funds own 73.99% of the company’s stock.

About Navistar International

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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Analyst Recommendations for Navistar International (NYSE:NAV)

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