Are Navistar (NAV) Shares Headed North? Loop Capital Issues Upgrade.

Navistar International Corporation (NYSE:NAV) Logo

Investors sentiment decreased to 0.67 in Q2 2018. Its down 2.33, from 3 in 2018Q1. It dropped, as 2 investors sold Navistar International Corporation shares while 1 reduced holdings. 2 funds opened positions while 0 raised stakes. 386,613 shares or 0.94% more from 383,011 shares in 2018Q1 were reported.

Quantitative Systematic Strategies Lc reported 5,436 shares. Stanley Mngmt Limited Com holds 250,266 shares or 4.48% of its portfolio. Gotham Asset Mngmt Ltd Liability stated it has 130,911 shares or 0.08% of all its holdings.

Navistar (NAV) Stock Upgrade

Navistar (NAV) was upgraded by Loop Capital from a “Hold” rating to a solid “Buy” rating in a report published on 6 December.

The stock increased 0.20% or $0.06 during the last trading session, reaching $30.09. About 543,873 shares traded or 2.98% up from the average. Navistar International Corporation (NAV) has risen 6.31% since December 7, 2017 and is uptrending. It has underperformed by 9.31% the S&P500.

Analysts await Navistar International Corporation (NYSE:NAV) to report earnings on December, 18. They expect $1.68 earnings per share, up 17.48 % or $0.25 from last year’s $1.43 per share. NAV’s profit will be $166.10 million for 4.48 P/E if the $1.68 EPS becomes a reality. After $1.19 actual earnings per share reported by Navistar International Corporation for the previous quarter, Wall Street now forecasts 41.18 % EPS growth.

Navistar International Corporation manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company has market cap of $2.98 billion. The firm operates through four divisions: Truck, Parts, Global Operations, and Financial Services. It has a 10.47 P/E ratio. It makes and distributes Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands; and designs, engineers, and produces sheet metal components, including truck cabs and engines.

More notable recent Navistar International Corporation (NYSE:NAV) news were published by: Benzinga.com which released: “Longbow Turns Bullish On Commercial Trucking, Upgrades Navistar (NYSE:NAV), Rush Enterprises (NASDAQ:RUSHA) – Benzinga” on June 01, 2018, also Businesswire.com with their article: “Tekla World Healthcare Fund Paid Distribution – Business Wire” published on November 30, 2018, Globenewswire.com published: “Kayne Anderson Midstream/Energy Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at November 30, 2018 – GlobeNewswire” on December 04, 2018. More interesting news about Navistar International Corporation (NYSE:NAV) were released by: Businesswire.com and their article: “Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions – Business Wire” published on November 30, 2018 as well as Seekingalpha.com‘s news article titled: “Navistar +3% as analysts defend – Seeking Alpha” with publication date: September 07, 2018.

Navistar International Corporation (NYSE:NAV) Ratings Chart

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