Navistar International Corp (NYSE:NAV) shares traded down 5% during trading on Thursday . The stock traded as low as $41.83 and last traded at $41.84. 816,953 shares were traded during mid-day trading, an increase of 15% from the average session volume of 712,539 shares. The stock had previously closed at $44.05.

Several research analysts have commented on the company. Zacks Investment Research downgraded Navistar International from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Navistar International in a research report on Tuesday, January 16th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $45.00 price target on shares of Navistar International in a research report on Thursday, January 11th. Robert W. Baird reaffirmed a “buy” rating and issued a $51.00 price target on shares of Navistar International in a research report on Thursday, December 21st. Finally, Stifel Nicolaus set a $52.00 price target on Navistar International and gave the stock a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company. Navistar International has an average rating of “Hold” and a consensus price target of $44.00.

The firm has a market capitalization of $4,119.11, a PE ratio of 337.17, a PEG ratio of 4.49 and a beta of 2.58. The company has a current ratio of 1.14, a quick ratio of 0.91 and a debt-to-equity ratio of -0.85.

Navistar International (NYSE:NAV) last released its quarterly earnings data on Tuesday, December 19th. The company reported $1.36 earnings per share (EPS) 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 business had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the business posted ($0.42) earnings per share. Navistar International’s quarterly revenue was up 25.9% on a year-over-year basis. analysts expect that Navistar International Corp will post 1.87 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in the business. UBS Asset Management Americas Inc. grew its position in Navistar International by 0.4% in the second quarter. UBS Asset Management Americas Inc. now owns 43,996 shares of the company’s stock valued at $1,154,000 after acquiring an additional 176 shares during the period. Ameritas Investment Partners Inc. grew its position in Navistar International by 10.9% in the second quarter. Ameritas Investment Partners Inc. now owns 4,367 shares of the company’s stock valued at $115,000 after acquiring an additional 430 shares during the period. The Manufacturers Life Insurance Company grew its position in Navistar International by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 40,180 shares of the company’s stock valued at $1,054,000 after acquiring an additional 1,086 shares during the period. Financial Engines Advisors L.L.C. grew its position in Navistar International by 57.0% in the third quarter. Financial Engines Advisors L.L.C. now owns 3,632 shares of the company’s stock valued at $160,000 after acquiring an additional 1,319 shares during the period. Finally, Voya Investment Management LLC grew its position in Navistar International by 9.7% in the second quarter. Voya Investment Management LLC now owns 22,506 shares of the company’s stock valued at $590,000 after acquiring an additional 1,996 shares during the period. Hedge funds and other institutional investors own 81.81% 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).

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