Stifel Nicolaus set a $52.00 price objective on Navistar International (NYSE:NAV) in a research note released on Friday. The firm currently has a buy rating on the stock.

A number of other analysts have also commented on NAV. OTR Global upgraded shares of Navistar International to a positive rating in a research note on Thursday, October 12th. Susquehanna Bancshares started coverage on shares of Navistar International in a research note on Wednesday, November 29th. They set a positive rating and a $50.00 price target for the company. Piper Jaffray Companies set a $37.00 price target on shares of Navistar International and gave the company a hold rating in a research note on Sunday, December 10th. Zacks Investment Research lowered shares of Navistar International from a buy rating to a hold rating in a research note on Friday, December 15th. Finally, Gabelli lowered shares of Navistar International from a buy rating to a hold rating in a research note on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. Navistar International currently has an average rating of Hold and an average price target of $44.00.

Shares of Navistar International (NAV) opened at $40.46 on Friday. The company has a market cap of $4,119.11, a price-to-earnings ratio of 337.17, a price-to-earnings-growth ratio of 4.49 and a beta of 2.58. The company has a debt-to-equity ratio of -0.85, a quick ratio of 0.91 and a current ratio of 1.14. Navistar International has a one year low of $22.89 and a one year high of $47.73.

Navistar International (NYSE:NAV) last announced its quarterly earnings results on Tuesday, December 19th. The company reported $1.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.71. The business had revenue of $2.60 billion during the quarter, compared to analyst estimates of $2.27 billion. Navistar International had a net margin of 0.35% and a negative return on equity of 0.96%. Navistar International’s quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.42) EPS. equities research analysts forecast that Navistar International will post 1.87 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. grew its stake in shares of Navistar International by 10.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 271,300 shares of the company’s stock worth $11,957,000 after acquiring an additional 25,570 shares in the last quarter. EAM Investors LLC purchased a new position in shares of Navistar International in the 3rd quarter worth about $2,548,000. Nationwide Fund Advisors boosted its holdings in shares of Navistar International by 27.0% in the 2nd quarter. Nationwide Fund Advisors now owns 72,424 shares of the company’s stock worth $1,900,000 after buying an additional 15,410 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Navistar International by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 4,219,294 shares of the company’s stock worth $110,673,000 after buying an additional 96,310 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Navistar International by 1.5% in the 2nd quarter. Northern Trust Corp now owns 617,178 shares of the company’s stock worth $16,189,000 after buying an additional 9,127 shares during the last quarter. 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).

Analyst Recommendations for Navistar International (NYSE:NAV)

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