For its first fiscal quarter (ending March 31), Navient Corporation (NASDAQ: NAVI) has reported E.P.S. of $0.65 compared to $0.87 a year ago. For the latest four quarters through March 31, E.P.S. were $1.59 compared to $3.64 a year ago.
Recent Price Action
Navient Corporation (NASDAQ: NAVI) stock closed at $16.09 on 4/24/24 after a decline of -3.1%. Moreover, trading volume in this decline was exceptionally high at 276% of normal. The stock has declined -1.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
NAVI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Navient has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Navient has a very high Appreciation Score of 97 but a slightly negative Power Rating of 39, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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