|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||25.36 - 26.28|
|52 Week Range||21.32 - 39.52|
|Beta (5Y Monthly)||2.17|
|PE Ratio (TTM)||11.78|
|Earnings Date||Mar 05, 2020 - Mar 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct 22, 2001|
|1y Target Est||33.10|
"Overbuying through 2019 and insufficient freight to absorb the ensuing capacity overhang continued to weigh on the front end of the Class 8 demand cycle in December," said Kenny Vieth, ACT president and senior analyst. Truck makers saw the slowdown eat away at a record industry backlog of a year ago and cut production that resulted in thousands of job losses. Volvo Trucks North America is cutting 700 jobs this month.
ACT reported used Class 8 same dealer sales volumes in November fell 35% compared with October. The average miles on a Class 8 truck were up 1% year to date, while the age was up 5% and prices were flat, ACT reported.
Navistar International Corp. (NYSE: NAV) is regaining chunks of market share in medium- and heavy-duty trucks, winning back customers who walked away several years ago because they could not rely on the company's products. Navistar International Corp. has averaged a gain of a point of core market share a year since 2016. "The way we look at it in the investment community is the share has bounced back nicely from its low point," Stephen Volkmann, an analyst with Jefferies & Co., told FreightWaves.
It's been a sad week for Navistar International Corporation (NYSE:NAV), who've watched their investment drop 10% to...
While Tesla's (TSLA) remarkable rally catches attention, General Motors (GM) and Ford (F) decide to make investments of $1.5 billion and $1.45 billion, respectively.
Navistar International Corp . (NYSE: NAV ) reported better-than-expected earnings for its fourth quarter but fell short on revenue projections. The Lisle, Illinois-based truck maker recorded its seventh ...
Navistar (NAV) delivered earnings and revenue surprises of 28.09% and 0.16%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Navistar International Corp. sank 4.2% in premarket trading Tuesday, after the truck and diesel engine maker reported fiscal fourth-quarter net earnings that fell from a year ago and revenue that fell shy of forecasts, while providing a downbeat 2020 outlook. Net income for the quarter to Oct. 31 fell to $102 million, or $1.02 a share, from $188 million, or $1.89 a share, in the year-ago period. That matched the FactSet net EPS consensus of $1.02 a share. Adjusted income fell to $114 million from $189 million, but the company did not provide an adjusted EPS number. The FactSet consensus for adjusted EPS was 98 cents. Revenue dropped 16% to $2.78 billion, below the FactSet consensus of $2.81 billion. Truck revenue fell 20% to $2.11 billion, just shy of expectations of $2.15 billion, while parts revenue declined 14% to $547 million to miss expectations of $598.5 million. For fiscal 2020, Navistar expects revenue of $9.25 billion to $9.75 billion, below the FactSet consensus of $10.01 billion. The stock has rallied 24.7% year to date through Monday, while the S&P 500 has climbed 27.3%.
Navistar International Corp. (NYSE: NAV) is recalling 12,539 International brand work trucks equipped to send power from the truck for other uses because the engine speed could overwhelm the parking brake and lead to unintentional movement. The condition could cause injury or property damage, the National Highway Traffic Safety Administration (NHTSA) said in a posting on its website. With the parking brake applied and the automatic transmission still in drive or reverse and the stationary power takeoff (PTO) switch engaged, the engine RPM will ramp up and may overcome parking brake hold capability.
Buy Navistar on weakness to its monthly value level at $29.62 and sell strength to its semiannual risky level at $34.39. This is a viable trading range but beware that the weekly chart may be downgraded to negative this week.
It’s a light week for earnings but FedEx, Micron Technology, Nike, and General Mills all report. Plus, housing market data points and the Leading Economic Index are out.
Navistar (NAV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Navistar International Corp (NYSE:NAV) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at Navistar...
WeissLaw LLP, a national class action and shareholders' rights law firm with offices in New York, California and Georgia, announces an investigation of Navistar International Corporation (NYSE: NAV) ("Navistar," or the "Company").