Press coverage about Navistar International Corporation (NYSE:NAV) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Navistar International Corporation earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.0341816788618 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Navistar International Corporation (NYSE:NAV) Expected to Post Quarterly Sales of $2.15 Billion (americanbankingnews.com)
- Navistar International Corporat (NYSE:NAV) Sees Unusual Trading Volume in Its Shares - Highlight Press (highlightpress.com)
- Navistar International Corp (NAV) Showing Positive Momentum in the Technicals - Evergreen Caller (evergreencaller.com)
- How Are Analysts Approaching Shares of Navistar International Corporation (NYSE:NAV)? - Evergreen Caller (evergreencaller.com)
- Insider Trading Activity Navistar International Corporation (NYSE:NAV) – Major Shareholder Bought 24,750 shares of Stock (4-traders.com)
Navistar International Corporation (NYSE:NAV) traded up 0.82% during trading on Monday, hitting $30.77. 254,455 shares of the stock traded hands. The firm’s 50-day moving average is $27.91 and its 200 day moving average is $27.00. The stock’s market cap is $3.02 billion. Navistar International Corporation has a 52 week low of $11.59 and a 52 week high of $33.46.
Navistar International Corporation (NYSE:NAV) last announced its quarterly earnings data on Wednesday, June 7th. The company reported ($0.73) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.65. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. The company’s revenue was down 4.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.05 earnings per share. Equities research analysts forecast that Navistar International Corporation will post ($0.72) earnings per share for the current fiscal year.
A number of research analysts have commented on NAV shares. Zacks Investment Research downgraded shares of Navistar International Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. BidaskClub downgraded shares of Navistar International Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Seaport Global Securities reiterated a “neutral” rating on shares of Navistar International Corporation in a research note on Thursday, April 6th. Robert W. Baird upgraded shares of Navistar International Corporation from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $32.00 to $33.00 in a research note on Monday, June 5th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $28.00 price objective on shares of Navistar International Corporation in a research note on Tuesday, May 9th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $27.31.
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In related news, major shareholder Truck & Bus Gmbh Volkswagen purchased 43,501 shares of the stock in a transaction dated Monday, July 17th. The stock was bought at an average cost of $29.25 per share, with a total value of $1,272,404.25. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders bought 385,164 shares of company stock valued at $11,263,491. 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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