Shares of Navistar International Corp (NYSE:NAV) have earned a consensus recommendation of “Hold” from the twelve ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $38.63.

Several analysts have commented on the stock. ValuEngine cut shares of Navistar International from a “hold” rating to a “sell” rating in a research note on Wednesday. BMO Capital Markets reaffirmed a “market perform” rating and issued a $35.00 target price (down from $40.00) on shares of Navistar International in a research note on Monday, December 24th. Royal Bank of Canada lowered their target price on shares of Navistar International to $32.00 and set a “market perform” rating for the company in a research note on Wednesday, December 19th. Zacks Investment Research raised shares of Navistar International from a “sell” rating to a “hold” rating in a research note on Tuesday, February 12th. Finally, Wells Fargo & Co lowered their target price on shares of Navistar International from $42.00 to $30.00 and set a “market perform” rating for the company in a research note on Wednesday, December 19th. They noted that the move was a valuation call.

Shares of NAV traded up $0.39 during mid-day trading on Thursday, reaching $32.84. 2,861 shares of the company’s stock were exchanged, compared to its average volume of 517,285. Navistar International has a 52-week low of $23.69 and a 52-week high of $44.34. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 9.69, a price-to-earnings-growth ratio of 0.71 and a beta of 2.26.

Navistar International (NYSE:NAV) last issued its quarterly earnings data on Friday, March 8th. The company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.02). The business had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Navistar International had a negative return on equity of 8.96% and a net margin of 3.93%. The company’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the business earned ($0.74) earnings per share. On average, equities analysts expect that Navistar International will post 3.5 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Pearl River Capital LLC acquired a new position in shares of Navistar International in the 4th quarter valued at $58,000. Barber Financial Group Inc. acquired a new position in shares of Navistar International during the 4th quarter valued at $639,000. Ontario Teachers Pension Plan Board acquired a new position in shares of Navistar International during the 4th quarter valued at $1,321,000. Blueshift Asset Management LLC acquired a new position in shares of Navistar International during the 4th quarter valued at $1,178,000. Finally, Kepos Capital LP acquired a new position in shares of Navistar International during the 4th quarter valued at $1,821,000. Institutional investors own 78.84% 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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