As of Friday close, Navient Corporation’s (NASDAQ:NAVI) stock was up $0.16, moving up 0.92 percent to $17.57. The average number of shares traded per day over the past five days has been 857,440 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.25 fall in that time frame. In the last twenty days, the average volume was 880,390, while in the previous 50 days, it was 1,525,424.
Since last month, NAVI stock retreated -8.68%. Shares of the company fell to $17.20 on 08/15/23, the lowest level in the past month. A 52-week high of $19.69 was reached on 07/19/23 after having rallying from a 52-week low of $12.88. Since the beginning of this year, NAVI’s stock price has risen by 6.81% or $1.12, and marked a new high 18 times. However, the stock has declined by -10.77% since its 52-week high.
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NAVI stock investors should be aware that Navient Corporation (NAVI) stock had its last reported insider trading activity 19 days ago on Jul 31. HELEEN MARK L, the EVP, CLO & Secretary of the company, disposed of 20,000 shares for $19.01 on Jul 31. It resulted in a $380,138 divestment by the insider. HAUBER STEPHEN M sold 11,351 shares at an average price of $19.17 on Jan 27. The insider now owns 217,081 shares following the transaction. On Jan 03, EVP & Group President KANE JOHN M sold 17,006 shares at $16.56 apiece. The transaction was valued at $281,606.
Valuation Metrics
Right now, Navient Corporation (NAVI) has a P/E ratio of about 6.05. The stock’s beta is 1.60. Besides these, the trailing price-to-sales (P/S) ratio of 1.80, the price-to-book (PB) ratio of 0.74, and the price-to-cash flow ratio of 4.10 may also be considered.
The latest dividend of $0.16 per share was paid out, remained unchanged from last year’s $0.16. On Tuesday January 27 2015, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 19.43, and the total debt-to-equity ratio was 21.08. In the year ended June 29, operating margins totaled 41.50%. Based on annual data, NAVI earned $1.12 billion in gross profit and brought in $3.22 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.90%. Return on equity (ROE) for the past 12 months was 13.10%.
In Navient Corporation’s quarter-end financial report for June 29, it reported total debt of $56.94 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Navient Corporation to report $0.74 quarterly earnings, the actual figure was $0.7 per share, beating the consensus estimate by -5.40%. The value of shareholders’ equity is $121.6 million.
Technical Picture
This quick technical analysis looks at Navient Corporation’s (NAVI) price momentum. With a historical volatility rate of 19.44%, the RSI 9-day stood at 35.17% on 18 August.
With respect to its five-day moving average, the current Navient Corporation price is down by -1.40% percent or -$0.25. At present, NAVI shares trade -8.06% below its 20-day simple moving average and +12.63% percent above its 100-day simple moving average. However, the stock is currently trading approximately -0.40% below its SMA50 and +16.05% above its SMA200.
Stochastic coefficient K was 11.88% and Stochastic coefficient D was 9.19%, while ATR was 0.37. Given the Stochastic reading of 20.79% for the 14-day period, the RSI (14) reading has been calculated as 38.51%. As of today, the MACD Oscillator reading stands at -0.29, while the 14-day reading stands at -0.57.
Analyst Ratings
Morgan Stanley upgraded its rating on Navient Corporation (NASDAQ: NAVI) to an Equal-weight in a note to investors on December 01, 2022. The analysts firm previously had an Underweight rating on the stock.Navient Corporation (NAVI) has been rated Hold by analysts. According to 1 brokerage firm, NAVI is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Navient Corporation stock as buy, with 1 recommending it as overweight.
With a median target price of $19.75, the current consensus forecast for the stock is $18.00 – $22.00. Based on these forecasts, analysts predict Navient Corporation (NAVI) will achieve an average price target of $19.56.
