Navistar International Corporation (NAV) Given Media Impact Score of 0.15
News stories about Navistar International Corporation (NYSE:NAV) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Navistar International Corporation earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.6717222550657 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Navistar International Corporation (NAV) stock surged 49.90% during past quarter – Street Observer (press release) (streetobserver.com)
- VW Latest to Target EV Heavy Truck Market (thedetroitbureau.com)
- Navistar International Corporation (NAV) Upgraded to Positive at OTR Global (americanbankingnews.com)
- Volkswagen to develop electric buses and trucks as part of $1.7 billion technology investment (financialexpress.com)
- Penske Automotive (PAG) Announces 3.1% Hike in Dividend (zacks.com)
A number of research firms have recently weighed in on NAV. Zacks Investment Research raised Navistar International Corporation from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Tuesday, October 10th. Robert W. Baird reissued a “buy” rating on shares of Navistar International Corporation in a research note on Tuesday, September 5th. Wells Fargo & Company increased their price target on Navistar International Corporation from $41.00 to $45.00 and gave the company a “market perform” rating in a research note on Friday, October 6th. Deutsche Bank AG increased their price target on Navistar International Corporation from $26.00 to $36.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Finally, BidaskClub downgraded Navistar International Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $36.08.
Navistar International Corporation (NAV) opened at 42.65 on Monday. Navistar International Corporation has a one year low of $21.94 and a one year high of $45.47. The stock has a 50 day moving average price of $40.14 and a 200 day moving average price of $30.71. The company’s market cap is $4.19 billion.
Navistar International Corporation (NYSE:NAV) last posted its earnings results on Wednesday, September 6th. The company reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.09. The business had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the company earned ($0.42) EPS. The company’s revenue was up 6.1% on a year-over-year basis. On average, equities analysts anticipate that Navistar International Corporation will post ($0.51) EPS for the current fiscal year.
In related news, Director Stephen R. D’arcy sold 1,000 shares of the company’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $44.34, for a total value of $44,340.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Truck & Bus Gmbh Volkswagen bought 158,026 shares of the stock in a transaction that occurred on Wednesday, July 19th. The stock was acquired at an average price of $29.18 per share, for a total transaction of $4,611,198.68. The disclosure for this purchase can be found here. Insiders purchased a total of 456,280 shares of company stock worth $13,421,411 in the last 90 days. 21.80% of the stock is currently owned by company insiders.
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).
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