BofA Securities has recently initiated Navient Corp (NAVI) stock to Neutral rating, as announced on September 30, 2024, according to Finviz. Earlier, on April 3, 2024, JP Morgan had raised the stock from a Underweight to Neutral, setting a price target of $17 for NAVI stock. Deutsche Bank also initiated Hold rating. Additionally, Barclays reduced Underweight rating on January 10, 2024, with a target price of $14. TD Cowen analysts, in their report published on January 8, 2024, also reduced Underperform rating and set a price target of $17 for Navient Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Navient Corp (NAVI) Stock Trading Recap
On Wednesday, Navient Corp (NAVI) stock saw a modest uptick, ending the day at $15.19 which represents a slight increase of $0.05 or 0.33% from the prior close of $15.14. The stock opened at $15.72 and touched a low of $15.16 during the day, reaching a high of $16.15. The volume of shares traded was 1.04 million exceeding the average volume of 0.58 million.
Sponsored
NAVI Stock Performance and Moving Averages
In recent trading, Navient Corp (NAVI) stock price has shown some volatility, fluctuating -0.52% over the last five trades and -0.20% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -1.49%, and it has plunged by -3.80% in the previous three months. Currently, NAVI is trading at -1.78%, -2.75%, and -3.50% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, NAVI, a Financial sector stock, is trading -22.82% below its 52-week high but remains 8.85% above its 52-week low. The Average True Range (ATR) (14 days) of 0.44 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Navient Corp’s Profitability and Valuation Ratios
Navient Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 80.14% and a profit margin of 3.31%, with a gross margin of -1.49%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Navient Corp’s market capitalization stands at $1.66 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 11.1, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 9.46. Additionally, the Price-to-Sales Ratio is 0.34, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.6, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 2.14% of Navient Corp (NAVI)’s shares, while financial institutions hold 100.01%.
Notable insider trades include HELEEN MARK L, EVP, CLO & Secretary at Navient Corp (NAVI), who sold 10000 shares on May 03 ’24, at $16 each, totaling $0.16 million. On Jan 31 ’24, HELEEN MARK L, EVP, CLO & Secretary, sold 10000 shares for $17.2 each, amounting to $0.17 million. Additionally, on Dec 14 ’23, KANE JOHN M sold 150132 shares at $19.02 each, generating $2.86 million.
