Shares of Navistar International Corporation (NYSE:NAV) have earned an average rating of “Hold” from the fifteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $38.09.

Several research firms have recently issued reports on NAV. Zacks Investment Research downgraded shares of Navistar International Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 8th. Jefferies Group LLC restated a “buy” rating and set a $47.00 price objective on shares of Navistar International Corporation in a report on Tuesday, September 26th. Aegis restated a “buy” rating and set a $50.00 price objective (up previously from $45.00) on shares of Navistar International Corporation in a report on Tuesday, September 26th. Piper Jaffray Companies restated a “hold” rating and set a $27.00 price objective on shares of Navistar International Corporation in a report on Thursday, August 3rd. Finally, Royal Bank Of Canada restated a “hold” rating and set a $31.00 price objective on shares of Navistar International Corporation in a report on Friday, August 18th.

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Shares of Navistar International Corporation (NAV) traded up $0.47 on Monday, reaching $38.07. 417,501 shares of the company traded hands, compared to its average volume of 613,470. Navistar International Corporation has a 12-month low of $22.89 and a 12-month high of $45.47. The company has a current ratio of 1.23, a quick ratio of 0.94 and a debt-to-equity ratio of -0.86.

Navistar International Corporation (NYSE:NAV) last announced its earnings results on Wednesday, September 6th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.28 by $0.09. The firm had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter last year, the business earned ($0.42) EPS. The business’s revenue was up 6.1% compared to the same quarter last year. research analysts expect 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 legal filing with the SEC, which is available at this hyperlink. Insiders own 21.80% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Invictus RG bought a new stake in Navistar International Corporation in the third quarter valued at about $150,000. Cetera Advisors LLC acquired a new position in Navistar International Corporation in the third quarter valued at about $301,000. Financial Engines Advisors L.L.C. boosted its position in Navistar International Corporation 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 buying an additional 1,319 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in Navistar International Corporation 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 buying an additional 430 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new position in Navistar International Corporation in the third quarter valued at about $220,000. 82.53% of the stock is currently owned by institutional investors and hedge funds.

About Navistar International Corporation

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 Corporation (NYSE:NAV)

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