Navistar International (NAV) Earning Somewhat Favorable Media Coverage, Study Finds

Headlines about Navistar International (NYSE:NAV) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Navistar International earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.5961652992771 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern’s analysis:

Shares of Navistar International (NYSE NAV) traded up $2.10 during mid-day trading on Thursday, hitting $46.03. 1,107,900 shares of the stock traded hands, compared to its average volume of 797,629. The company has a market cap of $4,530.00, a P/E ratio of 511.44, a price-to-earnings-growth ratio of 4.97 and a beta of 2.71. Navistar International has a 12-month low of $22.89 and a 12-month high of $47.47. The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of -0.85.

Navistar International (NYSE:NAV) last posted its earnings results on Tuesday, December 19th. The company reported $1.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.65 by $0.71. The company had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Navistar International had a net margin of 0.35% and a negative return on equity of 0.96%. Navistar International’s quarterly revenue was up 25.9% on a year-over-year basis. During the same period last year, the company posted ($0.42) earnings per share. equities analysts expect that Navistar International will post 1.76 earnings per share for the current year.

Several brokerages recently issued reports on NAV. Zacks Investment Research cut shares of Navistar International from a “hold” rating to a “sell” rating in a report on Tuesday. Royal Bank of Canada restated a “hold” rating and issued a $45.00 target price on shares of Navistar International in a report on Thursday. Aegis restated a “buy” rating and issued a $50.00 target price (up previously from $45.00) on shares of Navistar International in a report on Tuesday, September 26th. Stifel Nicolaus upgraded shares of Navistar International from a “hold” rating to a “buy” rating and increased their price target for the stock from $45.00 to $50.00 in a research report on Tuesday, December 12th. Finally, Gabelli downgraded shares of Navistar International from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $43.00.

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About Navistar International

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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