Earnings Report: Here’s what to expect from Navistar International (NYSE:NAV)

Earnings results for Navistar International (NYSE:NAV)

Navistar International Corporation is expected* to report earnings on 06/08/2021 before market open. The report will be for the fiscal Quarter ending Apr 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.38. The reported EPS for the same quarter last year was $-0.1.

Navistar International last released its quarterly earnings data on March 8th, 2021. The reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. The business earned $1.81 billion during the quarter, compared to the consensus estimate of $1.97 billion. Its revenue was down 1.4% on a year-over-year basis. Navistar International has generated $0.10 earnings per share over the last year. Navistar International has confirmed that its next quarterly earnings report will be published on Tuesday, June 8th, 2021.

Analyst Opinion on Navistar International (NYSE:NAV)

6 Wall Street analysts have issued ratings and price targets for Navistar International in the last 12 months. Their average twelve-month price target is $40.70, predicting that the stock has a possible downside of 8.19%. The high price target for NAV is $44.50 and the low price target for NAV is $33.00. There are currently 5 hold ratings and 1 buy rating 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 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $40.70, Navistar International has a forecasted downside of 8.2% from its current price of $44.33. Navistar International has received no research coverage 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 sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $210,027.00 in company stock. Only 18.20% of the stock of Navistar International is held by insiders. 88.32% 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 by 78.49% in the coming year, from $1.72 to $3.07 per share. The P/E ratio of Navistar International is -11.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Navistar International is -11.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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