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). The Truck segment manufactures and distributes Class 4 through 8 trucks, buses and military vehicles under the International and IC Bus brands, along with production of engines. The Parts segment supports its brands of International commercial trucks, IC buses and engines. The Global Operations segment includes operations of its subsidiary, International Industria de Motores da America do Sul Ltda. (IIAA). The Financial Services segment provides and manages retail, wholesale and lease financing of products sold by the Truck and Parts segments and their dealers.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Trucks & Other Vehicles
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Exchange: NYSE
- Symbol: NAV
- CUSIP: 63934E10
- Previous Close: $27.18
- 50 Day Moving Average: $28.43
- 200 Day Moving Average: $24.61
- 52-Week Range: $7.07 - $33.46
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 18.88
- P/E Growth: 13.55
- Market Cap: $2.22B
- Outstanding Shares: 81,648,000
- Beta: 2.6
- Net Margins: -1.20%
- Return on Assets: -1.06%
Companies Related to Navistar International Corporation:
- Debt-to-Equity Ratio: -0.75%
- Current Ratio: 1.17%
- Quick Ratio: 0.88%
What is Navistar International Corporation's stock symbol?
Navistar International Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAV."
Where is Navistar International Corporation's stock going? Where will Navistar International Corporation's stock price be in 2017?
17 brokers have issued twelve-month price targets for Navistar International Corporation's shares. Their predictions range from $9.00 to $36.00. On average, they anticipate Navistar International Corporation's stock price to reach $21.30 in the next twelve months.
When will Navistar International Corporation announce their earnings?
Navistar International Corporation is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.
What are analysts saying about Navistar International Corporation stock?
Here are some recent quotes from research analysts about Navistar International Corporation stock:
According to Zacks Investment Research, "Navistar has outperformed the Zacks categorized Auto/Truck Original Equipment industry so far this year. The company benefitted from the alliance with Volkswagen, launch of new products, cost-saving initiatives and increased production at its plants. However, economic uncertainties prevailing in Brazil are negatively impacting Navistar's results. The weak delivery guidance for fiscal 2017 and higher costs due to updated emissions standards are also concerns." (1/31/2017)
Jefferies Group LLC analysts commented, "NAV provided an initial look at F2017 calling for adjusted EBITDA to be ‘higher’ on ‘similar’ revenues ($8.1bln in 2016). The company is also projecting manufacturing cash to decline by roughly $250mln, offset by the cash infusion from the strategic alliance with VW which is projected to close in 1Q17." (12/21/2016)
Goldman Sachs Group, Inc. (The) analysts commented, "meaningfully reduced."JustificationVolkswagen's investment improves the liquidity profile of Navistar, Goldman Sachs' said, which provides "an incremental $256 million of equity capital compared to our estimate of future used truck trade-in losses of $250 million–$300 million." This is based on losses of $20,000–25,000 per vehicle in the existing fleet, which has resulted in "the bonds trading up to par."As such, Goldman Sachs raised its mid-cycle margin estimate by 250 bps to 9 percent, which would still lag peer PACCAR Inc (NASDAQ: PCAR)'s 11 percent margins due to PACCAR's structurally higher capital velocity.Related Link: Volkswagen's $256 Million Investment Adds $600 Million To Navistar's Market CapOn The Sidelines"Our new mid-cycle estimates of $3.72 in EPS and $1.16 billion in EBITDA are based on a 9 percent EBIT margin, which includes 250 bps of benefit from reduced material sourcing costs. If Navistar's turnaround proves successful, we estimate margins of 9 percent," analyst Jerry Revich wrote in a note.However, the brokerage remains sidelined, citing market share risk."While we are positive on management's actions to improve the product portfolio, continued deterioration in used equipment values for Navistar trucks manufactured under the prior management team creates risk of lower normalized market share, in our view," Revich highlighted.The Bottom LineDespite the challenging near-term U.S. truck capex outlook, the analyst hopes that electronic logging standards set to be implemented in 2018 would drive a 4 percent reduction in available supply and freight price.As such, Revich stated, "[T]he near-term risk-reward is balanced, with upside from an operational turnaround offset by the risk of rising legacy liabilities and market share loss." (9/9/2016)
Who owns Navistar International Corporation stock?
Navistar International Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (17.10%), Gamco Investors INC. ET AL (8.03%), State Street Corp (1.21%), Ardevora Asset Management LLP (1.14%), Pacific Global Investment Management CO (0.36%) and Stanley Capital Management LLC (0.34%). Company insiders that own Navistar International Corporation stock include Mark H Md Rachesky, Michael N Hammes and Stephen R D'arcy.
Who sold Navistar International Corporation stock? Who is selling Navistar International Corporation stock?
Navistar International Corporation's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Gamco Investors INC. ET AL, Pacific Global Investment Management CO, Menta Capital LLC, Horizon Kinetics LLC and State Board of Administration of Florida Retirement System.
Who bought Navistar International Corporation stock? Who is buying Navistar International Corporation stock?
Navistar International Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Dimensional Fund Advisors LP, Bogle Investment Management L P DE, Russell Investments Group Ltd., Trexquant Investment LP, State Street Corp, Dynamic Technology Lab Private Ltd and AQR Capital Management LLC. Company insiders that have bought Navistar International Corporation stock in the last two years include Mark H Md Rachesky and Stephen R D'arcy.
How do I buy Navistar International Corporation stock?
Shares of Navistar International Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Navistar International Corporation stock cost?
One share of Navistar International Corporation stock can currently be purchased for approximately $27.18.