On 11/6/24, Navient Corporation (NASDAQ: NAVI) stock enjoyed a major increase of 10.6%, closing at $15.73. Moreover, exceptionally high trading volume at 345% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 3.9% during the last week.
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 C (High Neutral). 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 98 but a poor Power Rating of 27, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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