On Tuesday, Navient Corp (NASDAQ: NAVI) opened lower -3.75% from the last session, before settling in for the closing price of $15.48. Price fluctuations for NAVI have ranged from $13.95 to $19.68 over the past 52 weeks.
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Financial Sector giant saw their annual sales slid by -0.64% over the last five years. Company’s average yearly earnings per share was noted -40.82% at the time writing. With a float of $107.26 million, this company’s outstanding shares have now reached $113.50 million.
The firm has a total of 4500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 82.29%, operating margin of 91.7%, and the pretax margin is 8.98%.
Navient Corp (NAVI) Insider Activity
A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of Navient Corp is 1.96%, while institutional ownership is 99.38%. The most recent insider transaction that took place on May 03 ’24, was worth 160,000. In this transaction EVP, CLO & Secretary of this company sold 10,000 shares at a rate of $16.00, taking the stock ownership to the 393,611 shares. Before that another transaction happened on Jan 31 ’24, when Company’s EVP, CLO & Secretary sold 10,000 for $17.20, making the entire transaction worth $171,967. This insider now owns 385,577 shares in total.
Navient Corp (NAVI) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.47 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.74) by -0.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -40.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.42% during the next five years compared to 4.38% growth over the previous five years of trading.
Navient Corp (NASDAQ: NAVI) Trading Performance Indicators
Check out the current performance indicators for Navient Corp (NAVI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34. Likewise, its price to free cash flow for the trailing twelve months is 1.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.74 in one year’s time.
Technical Analysis of Navient Corp (NAVI)
Analysing the last 5-days average volume posted by the [Navient Corp, NAVI], we can find that recorded value of 0.58 million was lower than the volume posted last year of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 6.82%. Additionally, its Average True Range was 0.49.
During the past 100 days, Navient Corp’s (NAVI) raw stochastic average was set at 31.40%, which indicates a significant increase from 8.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.36% in the past 14 days, which was higher than the 30.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.34, while its 200-day Moving Average is $16.21. Now, the first resistance to watch is $15.39. This is followed by the second major resistance level at $15.89. The third major resistance level sits at $16.23. If the price goes on to break the first support level at $14.55, it is likely to go to the next support level at $14.21. Should the price break the second support level, the third support level stands at $13.71.
Navient Corp (NASDAQ: NAVI) Key Stats
There are currently 111,825K shares outstanding in the company with a market cap of 1.63 billion. Presently, the company’s annual sales total 4,828 M according to its annual income of 228,000 K. Last quarter, the company’s sales amounted to 1,090 M and its income totaled 36,000 K.
