Stifel Nicolaus set a $52.00 price objective on Navistar International (NYSE:NAV) in a research note published on Friday. The brokerage currently has a buy rating on the stock.

Several other research firms have also commented on NAV. Zacks Investment Research lowered shares of Navistar International from a hold rating to a sell rating in a research note on Tuesday, January 9th. Piper Jaffray Companies set a $37.00 price objective on shares of Navistar International and gave the stock a hold rating in a research note on Sunday, December 10th. BMO Capital Markets boosted their price objective on shares of Navistar International from $25.00 to $40.00 and gave the stock a market perform rating in a research note on Friday, December 22nd. Buckingham Research initiated coverage on shares of Navistar International in a research note on Tuesday, January 23rd. They issued a neutral rating and a $48.00 target price on the stock. Finally, OTR Global upgraded shares of Navistar International to a positive rating in a research note on Thursday, October 12th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $44.00.

Shares of Navistar International (NYSE:NAV) opened at $40.46 on Friday. Navistar International has a 52 week low of $22.89 and a 52 week high of $47.73. The company has a debt-to-equity ratio of -0.85, a quick ratio of 0.91 and a current ratio of 1.14. The company has a market cap of $3,983.25, a PE ratio of 130.52, a P/E/G ratio of 4.34 and a beta of 2.58.

Navistar International (NYSE:NAV) last posted its quarterly earnings data on Tuesday, December 19th. The company reported $1.36 EPS for the quarter, topping the consensus estimate of $0.65 by $0.71. Navistar International had a net margin of 0.35% and a negative return on equity of 0.96%. The business had revenue of $2.60 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the firm posted ($0.42) earnings per share. Navistar International’s quarterly revenue was up 25.9% on a year-over-year basis. analysts expect that Navistar International will post 1.87 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Navistar International by 2.3% during the second quarter. Vanguard Group Inc. now owns 4,219,294 shares of the company’s stock valued at $110,673,000 after purchasing an additional 96,310 shares during the period. Dimensional Fund Advisors LP lifted its position in Navistar International by 26.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,050,986 shares of the company’s stock valued at $46,318,000 after purchasing an additional 219,123 shares during the period. State Street Corp lifted its position in Navistar International by 2.5% during the second quarter. State Street Corp now owns 1,012,715 shares of the company’s stock valued at $26,565,000 after purchasing an additional 25,176 shares during the period. Northern Trust Corp lifted its position in Navistar International by 1.5% during the second quarter. Northern Trust Corp now owns 617,178 shares of the company’s stock valued at $16,189,000 after purchasing an additional 9,127 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its position in Navistar International by 4.2% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 282,623 shares of the company’s stock valued at $12,119,000 after purchasing an additional 11,323 shares during the period. Institutional investors own 81.19% of the company’s stock.

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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).

Analyst Recommendations for Navistar International (NYSE:NAV)

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