IB Net Payout Yields Model

Navistar: Cheap Enough Yet?

Navistar (NAV) makes commercial trucks, buses, step-vans, diesel engines and chassis for motor homes. Otherwise, the company focuses on the large motor vehicle sector.

This stock provides one of the most compelling valuations in the market today, if the company can hit financial goals. That remains a big 'IF' for this company considering the recent disaster of a Q1'12 reported just last week.

Hence the question on whether the stock is cheap enough to buy considering the constant inability to hit targets. The last 4 quarters have seen 3 profits misses all by at least $.15. These misses have caused 2013 earnings estimates to plunge from $8.13 only 90 days ago to $6.52 now. The most pessimistic analyst is already down at $5 showing a growing distrust with the ability to hit targets.

Read the full article at Seeking Alpha.

Disclosure: No positions mentioned. Please review the disclaimer page for more details. 


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