Navistar International Corporation (NAV), a Industrials Farm & Heavy Construction Machinery business, saw its stock exchange 36.67 common shares, a spike against to its 10-day trading volume of 1.77M.
Navistar International Corporation (NAV) stock traded at $36.67, up 0.05 cents or +0.14% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking profits.
On Jan 31, 2020 Volkswagen AG offered to buy the rest of Navistar International Corp. in a $2.9 billion bid to secure a bridgehead in the U.S. heavy-truck market and step up its challenge to Daimler AG and Volvo AB.
On January 30, 2020 – Navistar International Corporation (NYSE: NAV) today confirmed that it has received an unsolicited proposal from TRATON SE regarding a potential transaction to acquire the company for $35 per share in cash.
Total Revenue for Navistar International Corporation (NAV) is $11.25B, Gross Profit is $1.8B and the EBITDA is $799M.
Navistar International Corporation (NAV) Technical Details:
The average 10-day trading volume of Navistar International Corporation (NAV) is 1.77M compared to 466.44k over the last 3 months which indicates a pullback in trading activity. Currently, Navistar International Corporation (NAV) has a 50-day moving average of $28.04 and a 200-day moving average of $28.86. These moving averages are popular technical statistics that investors use to analyze price trends of Navistar International Corporation (NAV).
Approximately – of the shares of the company are short sold from investors betting the stock will trade lower. The beta value on Navistar International Corporation (NAV) stock is 2.12, indicating its 2.89% to 2.76% more volatile than the overall marketplace.
Technically, NAV’s short term support levels are around $36.41, $34.20 and $32.89 on the downside.
Based on technical analysis, NAV has short term rating of Neutral (0.24), Intermediate rating of Neutral (0.16) and the long-term rating of Neutral (-0.18) giving it an overall rating of Neutral (0.07).
NAV is trading 71.76% off its 52 week low at $21.32 and -7.34% off its 52 week high of $39.52. Performance wise, NAV stock has recently shown investors 43.21% a spike in a week, 26.54% a spike in a month and 14.62% a spike in the past quarter.
Furthermore, Navistar International Corporation (NAV) has shown a return of 26.54% since the first of the year.
Navistar International Corporation (NAV) Key Data:
Navistar International Corporation (NAV) is a mid cap company with a market cap value of $3.64B. NAV insiders hold roughly 17.09% of the shares.
On Jan-14-20 Wells Fargo Upgrade NAV as Equal Weight → Overweight at $30. On Jan-31-20 Robert W. Baird Downgrade NAV as Outperform → Neutral at $35 and on Feb-03-20 Wells Fargo Downgrade NAV as Overweight → Equal Weight at $37.
There are currently – shares in the float and 65.24M shares outstanding. There are – shares short in NAVs float.
The industry rank for Navistar International Corporation (NAV) is 183 out of 255 ranking it at the Bottom 28% .
Navistar International Corporation (NAV) Fundamentals Statistics:
NAV last 2 years revenues have increased from $10,250,000 to $11,251,000 showing an uptrend.
Wall Street expects Navistar International Corporation (NAV) to report an EPS next Qtr loss of -0.08 and a profit of 12.27% next year.
The growth rate on NAV this year is -44.94 compared to an industry -13.80. However, NAVs next year’s growth rate is 22.65 compared to an industry 13.10.
The book value per share (mrq) is -37.47 and cash per share (mrq) is 21.00. Giving them a price/book (mrq) of NA compared to an industry of 1.29 and NAVs price/cash flow (mrfy) is 5.72 compared to an industry of 4.61.
NAV fundamental ratios shows an EPS growth vs. previous year 2.34 and EPS growth vs. previous quarter -0.38.
About Navistar International Corporation (NAV):
Incorporated in 1993, Navistar International Corporation is an Illinois-based, holding company, having two operating entities, which are Navistar, Inc. and Navistar Financial Corporation.The company manufactures commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines. Additionally, it provides retail, wholesale, and lease financing services for trucks and parts.Navistar operates through four industry segments — Truck (76% of total revenues in fiscal 2019), Parts (20%), Global Operations (3%) and Financial Services (1%).The Truck segment manufactures and distributes medium and heavy-duty (Class 4-8) trucks and buses, common carrier, private carrier and military vehicles under its International and IC brands. Additionally, it designs and manufactures proprietary diesel engines and International branded trucks.The Parts segment supplies products that support the International commercial and military trucks, IC Buses, and proprietary engine lines as well as other product lines. The segment also provides standard truck, trailer and engine service parts.The Global Operations segment mainly comprises revenues generated from Navistar’s wholly-owned subsidiary, International Industria de Motores da América do Sul Ltda. (“IIAA”) in Brazil. IIAA manufactures and distributes mid-range diesel engines in agriculture, marine, genset and light truck markets.The Financial Services segment provides retail, wholesale, and lease financing of products sold by the Truck and Parts segments as well as their dealers in the United States, Canada and Mexico. It also provides financing for wholesale accounts and selected retail accounts receivable.Navistar aims to offer innovative, and value-creating trucks and buses to its customers. In sync with the idea, it launched International HV Series Mid-Range Diesel in 2018. Additionally, the company introduced the newly updated IC Bus RE Series Type D school bus, featuring remote diagnostics connectivity solutions.