Navistar International (NYSE:NAV) had its target price increased by BMO Capital Markets from $25.00 to $40.00 in a research note released on Friday morning. They currently have a market perform rating on the stock.

A number of other equities research analysts have also weighed in on NAV. Robert W. Baird reissued a buy rating on shares of Navistar International in a research note on Tuesday, September 5th. Jefferies Group reissued a positive rating and issued a $47.00 target price (up previously from $35.00) on shares of Navistar International in a research note on Thursday, September 7th. Royal Bank of Canada boosted their target price on Navistar International from $31.00 to $36.00 and gave the company a sector perform rating in a research note on Thursday, September 7th. Deutsche Bank boosted their target price on Navistar International from $26.00 to $36.00 and gave the company a hold rating in a research note on Thursday, September 7th. Finally, UBS Group reissued a neutral rating and issued a $39.00 target price (up previously from $31.00) on shares of Navistar International in a research note on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. Navistar International currently has a consensus rating of Hold and a consensus target price of $42.31.

Shares of Navistar International (NAV) opened at $44.61 on Friday. The company has a debt-to-equity ratio of -0.85, a quick ratio of 0.94 and a current ratio of 1.14. Navistar International has a 52 week low of $22.89 and a 52 week high of $47.47. The stock has a market capitalization of $4,380.00, a PE ratio of 495.67, a price-to-earnings-growth ratio of 5.07 and a beta of 2.71.

Navistar International (NYSE:NAV) last released its earnings results on Tuesday, December 19th. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.71. Navistar International had a negative return on equity of 0.96% and a net margin of 0.35%. The company had revenue of $2.60 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the company posted ($0.42) EPS. Navistar International’s revenue for the quarter was up 25.9% on a year-over-year basis. sell-side analysts forecast that Navistar International will post 1.76 EPS for the current year.

In other Navistar International news, Director Stephen R. D’arcy sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $44.34, for a total transaction of $44,340.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 21.80% of the company’s stock.

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Navistar International by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 4,219,294 shares of the company’s stock worth $110,673,000 after acquiring an additional 96,310 shares during the period. Impala Asset Management LLC purchased a new position in shares of Navistar International during the 2nd quarter worth approximately $29,727,000. Dimensional Fund Advisors LP grew its holdings in shares of Navistar International by 26.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,050,986 shares of the company’s stock worth $46,318,000 after acquiring an additional 219,123 shares during the period. State Street Corp grew its holdings in shares of Navistar International by 2.5% during the 2nd quarter. State Street Corp now owns 1,012,715 shares of the company’s stock worth $26,565,000 after acquiring an additional 25,176 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of Navistar International by 1.5% during the 2nd quarter. Northern Trust Corp now owns 617,178 shares of the company’s stock worth $16,189,000 after acquiring an additional 9,127 shares during the period. Hedge funds and other institutional investors own 83.24% of the company’s stock.

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Navistar International 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).

Analyst Recommendations for Navistar International (NYSE:NAV)

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