Market Update: Navient Corp (NAVI) Sees Negative Movement, Closing at 15.32

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In the latest session, Navient Corp (NASDAQ: NAVI) closed at $15.32 down -2.48% from its previous closing price of $15.71. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 0.79 million shares were traded. NAVI stock price reached its highest trading level at $15.97 during the session, while it also had its lowest trading level at $15.31.

Ratios:

For a deeper understanding of Navient Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.88. In the meantime, Its Debt-to-Equity ratio is 19.24 whereas as Long-Term Debt/Eq ratio is at 17.30.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on April 03, 2024, Upgraded its rating to Neutral and sets its target price to $17 from $18 previously.

Barclays Downgraded its Equal Weight to Underweight on January 10, 2024, whereas the target price for the stock was revised from $17 to $14.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 03 ’24 when HELEEN MARK L sold 10,000 shares for $16.00 per share. The transaction valued at 160,000 led to the insider holds 393,611 shares of the business.

HELEEN MARK L sold 10,000 shares of NAVI for $171,967 on Jan 31 ’24. The EVP, CLO & Secretary now owns 385,577 shares after completing the transaction at $17.20 per share. On Dec 14 ’23, another insider, KANE JOHN M, who serves as the EVP & Group President of the company, sold 150,132 shares for $19.02 each. As a result, the insider received 2,855,090 and left with 490,778 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAVI now has a Market Capitalization of 1676161152 and an Enterprise Value of 53650161664. As of this moment, Navient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.20, and their Forward P/E ratio for the next fiscal year is 8.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 51.987.

Stock Price History:

Over the past 52 weeks, NAVI has reached a high of $19.68, while it has fallen to a 52-week low of $13.95. The 50-Day Moving Average of the stock is -1.64%, while the 200-Day Moving Average is calculated to be -5.12%.

Shares Statistics:

For the past three months, NAVI has traded an average of 688.54K shares per day and 753600 over the past ten days. A total of 113.50M shares are outstanding, with a floating share count of 107.26M. Insiders hold about 1.96% of the company’s shares, while institutions hold 99.40% stake in the company. Shares short for NAVI as of 1724976000 were 7851578 with a Short Ratio of 11.40, compared to 1722384000 on 8453445. Therefore, it implies a Short% of Shares Outstanding of 7851578 and a Short% of Float of 12.280000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for NAVI is 0.64, from 0.64 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04073838The stock’s 5-year Average Dividend Yield is 4.61.

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