Navistar International (NAV) Reaches $39.40 After 7.00% Down Move; Fortress Investment Group Has 0.88 Sentiment

February 14, 2018 - By Darrin Black

The stock of Navistar International Corporation (NYSE:NAV) is a huge mover today! The stock decreased 1.95% or $0.785 during the last trading session, reaching $39.395. About 550,269 shares traded. Navistar International Corporation (NYSE:NAV) has risen 142.96% since February 14, 2017 and is uptrending. It has outperformed by 126.26% the S&P500.The move comes after 7 months negative chart setup for the $3.88 billion company. It was reported on Feb, 14 by Barchart.com. We have $36.64 PT which if reached, will make NYSE:NAV worth $271.46M less.

Fortress Investment Group LLC is a publicly owned investment manager. The company has market cap of $3.05 billion. The firm primarily provides its services to individuals. It has a 10.05 P/E ratio. It also provides its services to high net worth individuals.




It closed at $7.85 lastly. It is down 64.73% since February 14, 2017 and is uptrending. It has outperformed by 48.03% the S&P500.

Analysts await Fortress Investment Group LLC (NYSE:FIG) to report earnings on February, 27. They expect $0.27 earnings per share, 0.00% or $0.00 from last year’s $0.27 per share. FIG’s profit will be $104.94M for 7.27 P/E if the $0.27 EPS becomes a reality. After $0.73 actual earnings per share reported by Fortress Investment Group LLC for the previous quarter, Wall Street now forecasts -63.01% negative EPS growth.

Segantii Capital Management Ltd holds 5.9% of its portfolio in Fortress Investment Group LLC for 1.90 million shares. Water Island Capital Llc owns 10.50 million shares or 3.96% of their US portfolio. Moreover, Omni Partners Llp has 3.95% invested in the company for 3.86 million shares. The New York-based Alpine Global Management Llc has invested 2.08% in the stock. Kellner Capital Llc, a New York-based fund reported 369,600 shares.

Among 21 analysts covering Navistar International Corporation (NYSE:NAV), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. Navistar International Corporation had 75 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Piper Jaffray on Tuesday, June 28. BMO Capital Markets maintained Navistar International Corporation (NYSE:NAV) on Wednesday, June 7 with “Hold” rating. Stifel Nicolaus maintained it with “Hold” rating and $2600 target in Tuesday, August 1 report. UBS maintained Navistar International Corporation (NYSE:NAV) rating on Thursday, September 3. UBS has “Neutral” rating and $18.0 target. The firm earned “Outperform” rating on Monday, June 5 by Robert W. Baird. The rating was maintained by Stifel Nicolaus with “Hold” on Sunday, October 15. As per Thursday, January 11, the company rating was maintained by RBC Capital Markets. Global Hunter Securities downgraded the stock to “Neutral” rating in Monday, September 28 report. RBC Capital Markets maintained the shares of NAV in report on Tuesday, September 8 with “Sector Perform” rating. On Wednesday, March 8 the stock rating was upgraded by Stifel Nicolaus to “Hold”.

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 $3.88 billion. The firm operates through four divisions: Truck, Parts, Global Operations, and Financial Services. It has a 122.73 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.

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