|Bid||34.57 x 800|
|Ask||34.64 x 800|
|Day's Range||34.51 - 34.72|
|52 Week Range||23.69 - 44.34|
|Beta (3Y Monthly)||2.16|
|PE Ratio (TTM)||8.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") upgraded the ratings of Navistar International Corp. ("Navistar"), including the Corporate Family Rating (CFR) to B2 from B3, the Probability of Default Rating to B2-PD from B3-PD and the senior unsecured rating to B3 from Caa1. Concurrently, Moody's upgraded the senior secured rating at subsidiary Navistar Inc. to Ba2 from Ba3 and the industrial revenue bond ratings to B1 from B2. The senior secured rating at Navistar Financial Corporation (NFC) was affirmed at Ba3, and the Speculative Grade Liquidity Rating was affirmed at SGL-3.
Navistar International Corp NYSE:NAVView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for NAV with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NAV. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding NAV are favorable, with net inflows of $2.54 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. NAV credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Navistar (NAV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Navistar International Corp (NYSE: NAV ) recently recalled more than 24,000 International model heavy-duty trucks due to a possible defect that could cause the exhaust tail pipe to fall off the vehicles ...
Autonomous trucks are still in the future, but there are plenty of technologies available now and coming down the pipeline that will transform the industry, said Steve Gilligan, vice president of marketing for Navistar (NYSE: NAV). Speaking at ACT Research's Seminar 60 conference at The Commons in Columbus, Indiana, Gilligan took a few minutes to briefly touch on the pathway forward for trucking fleets, including electric and autonomous vehicles. "When and if we see truly autonomous Level 5 vehicles remains to be seen," he said, but many of the new trucks purchased today include autonomous-type technologies such as lane keeping technologies, collision mitigation systems, and advanced cruise systems.
Navistar's (NYSE: NAV) Steve Gilligan, vice president of product marketing, said the 2019 outlook for trucks remains strong as tonnage (3.6 percent year-over-year in February) and loads per truck (6.7 percent year-to-date, year-over-year) remain above the long-run trend, and the job market remains tight. While the construction and housing markets are showing slow growth, manufacturing conditions remain good with industrial production up 3.5 percent in February and manufacturing output up 1.2 percent, he said. ACT Research is still forecasting 335,000 Class 8 truck orders in 2019, but that falls off to 243,000 in 2020.
Toyota (TM) and Japan's space agency agree to join forces for the development of a manned lunar rover. Navistar (NAV) reports in-line earnings.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But in contrast you can make much more than 100% if theRead More...
Backed by portfolio improvements, Navistar International Corp (NYSE: NAV ) has gained significant market share, generated attractive margins and improved its balance sheet, according to RBC Capital Markets. ...
Navistar's (NAV) revenues rise in first-quarter fiscal 2019 due to a 50% increase in sales volume of Class 6-8 trucks and buses in the United States as well as Canada.
Strong sales of Navistar International Corporation's Class 6/7 MV Series of mid-range truck have bolstered the truck manufacturers first quarter results with a six-point increase in market share, since the vehicle was launched almost exactly a year ago on March 7, 2018. The increase in orders for the company resulted in a 28 percent increase in revenues to $2.4 billion from $1.9 billion in the first quarter of 2018. This reflected the upturn in truck sales in the Class 6-8 bracket and also sales of the company's bus designs in both the U.S. and Canada.
fell Friday after the the truck and bus manufacturer missed Wall Street's first-quarter earnings expectations, but beat revenue forecasts. Truck segment net sales increased 44% to $1.8 billion, the company said, primarily due to higher volumes in the company's core markets and an increase in Mexico truck volumes. This was partially offset by lower defense sales due to the sale of a majority interest in Navistar Defense during the quarter.
Navistar’s earnings came in weaker than analysts expected largely due to one-time pension expenses, but the truck maker’s turnaround has picked up steam.
International has rolled out a new program for truck equipment manufacturers to make it easier for upfitters to customize trucks for customers, like this HV Series in railrider configuration. International announced a new Diamond Partner Program for truck equipment manufacturers (TEM) while Mack improved its over-the-air update program by giving customers more opportunity to tune their trucks during the course of a year.
Volkswagen could sell a smaller stake in its Traton trucks division than expected if markets are shaken by Brexit, two sources familiar with the matter told Reuters on Monday. The automaker has said it could list up to 25 percent of Traton in a deal expected to raise 5-6 billion euros ($5.7-$6.8 billion) and be Germany's biggest share offering this year. Volkswagen (VW) and Traton declined to comment.
Navistar (NAV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.