Alert: Positive Investment/Fundamental Signals (12/1/23)-Navient Corporation (NASDAQ: NAVI)


Recent extremely meaningful positive changes in investment behavior have benefitted Navient Corporation (NASDAQ: NAVI): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Navient Corporation (NASDAQ: NAVI) has recently enjoyed meaningful positive changes in fundamentals. Positive developments: the consensus estimate for December, 2023 increased significantly, the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred. Negative development: the consensus estimate for December, 2024 decreased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, NAVI is expected to continue to be an important Value Builder.

Navient has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Navient has a good Power Rating of 79 and a very high Appreciation Score of 96, resulting in the Highest Value Trend Rating.

Recent Price Action

On 12/1/23, Navient Corporation (NASDAQ: NAVI) stock enjoyed a large increase of 3.3%, closing at $17.70. NORMAL trading volume accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 5.6% during the last week.

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