Navistar International Corporation (NYSE:NAV) is set to post its quarterly earnings results before the market opens on Wednesday, September 6th. Analysts expect Navistar International Corporation to post earnings of $0.28 per share for the quarter.

Navistar International Corporation (NYSE:NAV) last posted its quarterly earnings results on Wednesday, June 7th. The company reported ($0.73) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.65. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. During the same period in the prior year, the business posted $0.05 earnings per share. The company’s quarterly revenue was down 4.6% on a year-over-year basis. On average, analysts expect Navistar International Corporation to post $-0.79 EPS for the current fiscal year and $1.55 EPS for the next fiscal year.

Shares of Navistar International Corporation (NYSE NAV) opened at 32.73 on Wednesday. The firm has a 50-day moving average of $30.03 and a 200 day moving average of $27.36. The company’s market capitalization is $3.21 billion. Navistar International Corporation has a 1-year low of $13.30 and a 1-year high of $33.46.

A number of research firms recently weighed in on NAV. Zacks Investment Research lowered shares of Navistar International Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $27.00 price objective on shares of Navistar International Corporation in a research note on Thursday, August 3rd. BidaskClub lowered shares of Navistar International Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $31.00 price objective on shares of Navistar International Corporation in a research note on Wednesday, July 12th. Finally, Barclays PLC reaffirmed a “sell” rating and issued a $20.00 price objective on shares of Navistar International Corporation in a research note on Thursday, June 8th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $27.29.

In other news, major shareholder Truck & Bus Gmbh Volkswagen bought 52,625 shares of Navistar International Corporation stock in a transaction on Tuesday, July 18th. The stock was acquired at an average cost of $29.13 per share, for a total transaction of $1,532,966.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders acquired 499,781 shares of company stock valued at $14,693,815 over the last quarter. 21.80% of the stock is currently owned by corporate insiders.

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Navistar International Corporation Company Profile

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).

Earnings History for Navistar International Corporation (NYSE:NAV)

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