For its third fiscal quarter (ending September 30), Navient Corporation (NASDAQ: NAVI) has reported a -103% decline in E.P.S. from $0.66 a year ago to $-0.02 in the current quarter. For the latest four quarters through September 30, E.P.S. were $0.72 versus $2.85 for the same period a year ago — a decline of -75%.
Recent Price Action
Navient Corporation (NASDAQ: NAVI) stock closed at $15.19 on 10/30/24 after a modest gain of 0.3%. Moreover, unusually high trading volume at 183% of normal accompanied the advance. The stock has declined -0.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, NAVI is expected to continue to be a Value Builder.
Navient has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Navient has a very high Appreciation Score of 97 but a slightly negative Power Rating of 32, triggering 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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