Navient Corp (NASDAQ: NAVI)’s stock price has gone decline by -2.09 in comparison to its previous close of 17.23, however, the company has experienced a -2.03% decrease in its stock price over the last five trading days. Benzinga reported 2024-02-08 that The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Is It Worth Investing in Navient Corp (NASDAQ: NAVI) Right Now?
The price-to-earnings ratio for Navient Corp (NASDAQ: NAVI) is 9.44x, which is above its average ratio. Moreover, the 36-month beta value for NAVI is 1.38. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for NAVI is 107.15M and currently, short sellers hold a 7.07% of that float. On April 05, 2024, NAVI’s average trading volume was 921.90K shares.
NAVI’s Market Performance
NAVI stock saw an increase of -2.03% in the past week, with a monthly gain of 3.24% and a quarterly increase of -5.75%. The volatility ratio for the week is 2.80%, and the volatility levels for the last 30 days are 2.33% for Navient Corp (NAVI). The simple moving average for the last 20 days is 0.48% for NAVI’s stock, with a simple moving average of -3.48% for the last 200 days.
Analysts’ Opinion of NAVI
Many brokerage firms have already submitted their reports for NAVI stocks, with JP Morgan repeating the rating for NAVI by listing it as a “Neutral.” The predicted price for NAVI in the upcoming period, according to JP Morgan is $17 based on the research report published on April 03, 2024 of the current year 2024.
Barclays gave a rating of “Underweight” to NAVI, setting the target price at $14 in the report published on January 10th of the current year.
NAVI Trading at 1.30% from the 50-Day Moving Average
After a stumble in the market that brought NAVI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.33% of loss for the given period.
Volatility was left at 2.33%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares surge +3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.43% lower at present.
During the last 5 trading sessions, NAVI fell by -2.03%, which changed the moving average for the period of 200-days by -8.32% in comparison to the 20-day moving average, which settled at $16.81. In addition, Navient Corp saw -9.40% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NAVI starting from HELEEN MARK L, who sale 10,000 shares at the price of $17.20 back on Jan 31 ’24. After this action, HELEEN MARK L now owns 385,577 shares of Navient Corp, valued at $171,967 using the latest closing price.
KANE JOHN M, the EVP & Group President of Navient Corp, sale 150,132 shares at $19.02 during a trade that took place back on Dec 14 ’23, which means that KANE JOHN M is holding 490,778 shares at $2,855,090 based on the most recent closing price.
Stock Fundamentals for NAVI
Current profitability levels for the company are sitting at:
- 1.48 for the present operating margin
- 0.64 for the gross margin
The net margin for Navient Corp stands at 0.14. The total capital return value is set at 0.06. Equity return is now at value 7.95, with 0.35 for asset returns.
Based on Navient Corp (NAVI), the company’s capital structure generated 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 20.91. The interest coverage ratio of the stock is 0.97.
Currently, EBITDA for the company is 3.86 billion with net debt to EBITDA at 17.4. When we switch over and look at the enterprise to sales, we see a ratio of 24.39. The receivables turnover for the company is 1.01for trailing twelve months and the total asset turnover is 0.04.
Conclusion
To wrap up, the performance of Navient Corp (NAVI) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
