The price-to-earnings ratio for Navient Corp (NASDAQ: NAVI) is above average at 9.28x, Company’s 36-month beta value is 1.37.Analysts have differing 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 7.19% ratio of that floaft. The average trading volume of NAVI on April 24, 2024 was 875.06K shares.
NAVI) stock’s latest price update
The stock price of Navient Corp (NASDAQ: NAVI) has jumped by 0.12 compared to previous close of 16.58. Despite this, the company has seen a gain of 2.09% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-22 that Navient’s (NAVI) Q1 results are expected to reflect sequential improvements in asset recovery and business-processing revenues, and NII. Servicing revenues are likely to have been affected.
NAVI’s Market Performance
Navient Corp (NAVI) has experienced a 2.09% rise in stock performance for the past week, with a -1.31% drop in the past month, and a -4.98% drop in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 2.32% for NAVI.. The simple moving average for the past 20 days is -0.96% for NAVI’s stock, with a -4.39% simple moving average for the past 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 0.36% 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 -15.70% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares sank -3.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.53% upper at present.
During the last 5 trading sessions, NAVI rose by +2.09%, which changed the moving average for the period of 200-days by -8.99% in comparison to the 20-day moving average, which settled at $16.73. In addition, Navient Corp saw -10.85% 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 24.38. The receivables turnover for the company is 1.01for trailing twelve months and the total asset turnover is 0.04.
Conclusion
In a nutshell, Navient Corp (NAVI) has experienced a mixed performance in recent times. The stock has received mixed “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.
