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.
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.
