Navient Corporation (NAVI): What’s the Story?

Navient Corporation (NAVI) is an interesting player in the Financial space, with a focus on Credit Services. The stock has been active on the tape, currently trading at $13.29, down from yesterday’s close by -0.75%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Navient Corporation (NAVI) currently trades with a market capitalization of $3.56 Billion. That value represents a market adjusting for revenues that have been falling by -3.17 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.16 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.44 on a per share basis this quarter. Perhaps, that suggests something about why 1.49% of the outstanding share supply is held by institutional investors.



Technical Analysis

It’s important to check the technicals to get a sense of how NAVI has been acting. Looking at the stock’s movement on the chart, Navient Corporation recorded a 52-week high of $16.97. It is now trading 3.68% off that level. The stock is trading $13.43 its 50-day moving average by 0.14%. The stock carved out a 52-week low down at $11.48.

In recent action, Navient Corporation (NAVI) has made a move of -1.34% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.69% with $260.30 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NAVI.

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