Stocks Performance to Track: Navient Corporation (NAVI), Caesars Entertainment Corporation (CZR)

Marco Green
January 26, 2018

Navient Corporation (NASDAQ:NAVI) reported its EPS in the last quarter as $0.43/Share beating the analyst estimate of $0.42/Share by a difference of $0.01. The firm is scheduled to announce its next earnings results on Tuesday, April 17th.

Navient Corporation (NAVI) analysts on average have given a price target of $16.56 on NAVI stock.

Navient (NASDAQ:NAVI) issued its quarterly earnings data on Tuesday. The low EPS estimate is $0.04, while the high EPS estimate is $0.16.

According to 7 analysts, the Average Revenue Estimate for the current Fiscal quarter is $344.29 Million and the Low Revenue estimate is $324 Million, while the High Revenue estimate is $365 Million. Navient had a net margin of 10.88% and a return on equity of 14.09%. BidaskClub lowered shares of Navient from a hold rating to a sell rating in a research note on Saturday, January 20th. JPMorgan Chase & Co. downgraded shares of Navient from a "neutral" rating to an "underweight" rating in a report on Friday, January 12th. Citigroup began coverage on Navient in a research report on Monday, October 16th. They issued a market perform rating on the stock. Analysts rating the company a 3 indicate a Hold recommendation. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. Out of 3 Wall Street analysts rating Navient, 0 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold".

The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period.

Navient Corporation (NASDAQ:NAVI) closed its last session at $14.51. 2,930,000 shares of the company were exchanged, compared to its average volume of 3,790,000. The company presently has an average rating of "Hold" and an average target price of $17.36. Navient has a fifty-two week low of $11.48 and a fifty-two week high of $16.97.

Navient announced that its board has authorized a stock repurchase program on Wednesday, October 4th that authorizes the company to buyback outstanding shares. The fund owned 75,477 shares of the credit services provider's stock after purchasing an additional 17,838 shares during the quarter.

Several research firms have weighed in on NAVI. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of Navient by 8.8% during the 2nd quarter. The stock decreased 0.36% or $0.25 during the last trading session, reaching $68.94. Advisors Asset Management Inc. lifted its holdings in shares of Navient by 84.0% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 403,173 shares of the company's stock valued at $3,850,000 after buying an additional 259,839 shares in the last quarter. Navient Corp shares are now trading +6.92% on the day. Its last month's stock price volatility remained 1.29% which for the week approaches 1.16%. Ffcm LLC raised its position in shares of Navient by 144.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 10,770 shares of the credit services provider's stock worth $179,000 after acquiring an additional 110 shares during the last quarter. Finally, Trexquant Investment LP purchased a new position in Navient in the third quarter worth $299,000. Public Employees Retirement System of OH owned approximately 0.05% of Navient worth $1,986,000 as of its most recent SEC filing.

TRADEMARK VIOLATION NOTICE: "Bank of Montreal Can Buys 729,149 Shares of Navient Corp (NAVI)" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune.

Navient Corporation provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. The Company holds the portfolio of education loans insured or federally guaranteed under the Federal Family Education Loan Program (FFELP).

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