Is it time to Buy before this week’s earning report Navistar International (NYSE:NAV)


Earnings results for Navistar International (NYSE:NAV)

Navistar International Corporation is expected* to report earnings on 09/09/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.33. The reported EPS for the same quarter last year was $1.47.

Navistar International last released its earnings data on June 4th, 2020. The reported ($0.38) earnings per share for the quarter, topping the consensus estimate of ($0.72) by $0.34. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Its revenue for the quarter was down 35.7% compared to the same quarter last year. Navistar International has generated $4.25 earnings per share over the last year and currently has a price-to-earnings ratio of 19.9. Navistar International has confirmed that its next quarterly earnings report will be published on Wednesday, September 9th, 2020.

Analyst Opinion on Navistar International (NYSE:NAV)

11 Wall Street analysts have issued ratings and price targets for Navistar International in the last 12 months. Their average twelve-month price target is $31.29, predicting that the stock has a possible downside of 14.68%. The high price target for NAV is $35.00 and the low price target for NAV is $23.00. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Navistar International has received a consensus rating of Hold. The company’s average rating score is 2.18, and is based on 3 buy ratings, 7 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $31.29, Navistar International has a forecasted downside of 14.7% from its current price of $36.67. Navistar International has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Navistar International (NYSE:NAV)

Navistar International does not currently pay a dividend. Navistar International does not have a long track record of dividend growth.

Insiders buying/selling: Navistar International (NYSE:NAV)

In the past three months, Navistar International insiders have not sold or bought any company stock. Only 18.20% of the stock of Navistar International is held by insiders. 77.68% of the stock of Navistar International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Navistar International (NYSE:NAV

Earnings for Navistar International are expected to grow in the coming year, from ($0.42) to $1.10 per share. The P/E ratio of Navistar International is 19.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.38. The P/E ratio of Navistar International is 19.93, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 31.88.

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