Navistar International Corporat (NYSE:NAV):
Navistar To Present At Gabelli & Company’s Automotive Aftermarket Symposium And Robert W. Baird’s 2016 Industrial Conference.
The company is now up by 0.31% since yesterday’s close of $22.31.
Shares last traded at $22.38 which is slightly above the 50 day moving average which is $21.92 and which is just over the 200 day moving average of $15.19. The 50 day moving average went up $0.46 or +2.10% and the 200 day average went up by +47.38%.
As of the last earnings report the EPS was $-1.38 and is expected to be $-0.48 for the current year with 81,616,000 shares outstanding. Analysts expect next quarter’s EPS will be $-0.21 with next year’s EPS projected to be $0.61.
A few Wall Street analysts have weighed in on NAV recently. October 11 investment analysts at Jefferies held the stock rating at “Buy” and lowered the price expectation from $40.00 to $35.00. On September 16 UBS maintained a company rating of “Neutral” but moved up the price target to $20.00 from $18.00.
Equity analyst Goldman Sachs upgraded the stock and raised the price target on September 9 changing the price objective from $15.00 to $20.00 and moving the rating from “Sell” to “Neutral”. On September 9 Deutsche Bank left the stock rating at “Hold” and raised the price target from $14.00 to $21.00.
On September 9 Baird made no change to the stock rating of “Neutral” but raised the price expectation to $20.00 from $12.00. On September 9 the stock rating was upgraded to “Neutral” from “Sell” and a price target of $20.00 was set by Goldman Sachs.