Several other equities research analysts also recently issued reports on NAV. Wells Fargo & Co boosted their price objective on shares of Navistar International from $41.00 to $45.00 and gave the stock a market perform rating in a research note on Friday, October 6th. Stifel Nicolaus reiterated a hold rating and set a $45.00 price objective on shares of Navistar International in a research note on Friday, November 3rd. UBS Group reiterated a neutral rating and set a $39.00 price objective (up from $31.00) on shares of Navistar International in a research note on Monday, September 18th. Piper Jaffray Companies set a $37.00 price objective on shares of Navistar International and gave the stock a hold rating in a research note on Sunday, December 10th. Finally, Deutsche Bank boosted their target price on shares of Navistar International from $26.00 to $36.00 and gave the stock a hold rating in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. Navistar International currently has an average rating of Hold and an average price target of $42.31.
Shares of Navistar International (NYSE NAV) opened at $44.61 on Thursday. The company has a market cap of $4,380.00, a PE ratio of 495.67, a PEG ratio of 5.07 and a beta of 2.71. Navistar International has a twelve month low of $22.89 and a twelve month high of $47.47. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of -0.85.
In other news, Director Stephen R. D’arcy sold 1,000 shares of the stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $44.34, for a total value of $44,340.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 21.80% of the company’s stock.
Several large investors have recently made changes to their positions in NAV. Vanguard Group Inc. lifted 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 valued at $110,673,000 after purchasing an additional 96,310 shares in the last quarter. Impala Asset Management LLC bought a new position in shares of Navistar International during the 2nd quarter valued at about $29,727,000. Dimensional Fund Advisors LP lifted 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 valued at $46,318,000 after purchasing an additional 219,123 shares in the last quarter. State Street Corp lifted 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 valued at $26,565,000 after purchasing an additional 25,176 shares in the last quarter. Finally, Northern Trust Corp lifted 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 valued at $16,189,000 after purchasing an additional 9,127 shares in the last quarter. 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).
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