Navistar International Corp (NAV): Today's Featured Automotive Winner

Navistar International ( NAV) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.3%. By the end of trading, Navistar International rose $1.09 (3.2%) to $35.04 on average volume. Throughout the day, 1.6 million shares of Navistar International exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $33.95-$35.25 after having opened the day at $33.95 as compared to the previous trading day's close of $33.95. Other companies within the Automotive industry that increased today were: Spartan Motors ( SPAR), up 13.1%, Stoneridge ( SRI), up 8.3%, Tenneco ( TEN), up 5.6%, and Motorcar Parts of America ( MPAA), up 3.8%.

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, buses, diesel engines, recreational vehicles (RVs), and chassis, as well as provides service parts for trucks and trailers. Navistar International has a market cap of $2.35 billion and is part of the consumer goods sector. The company has a P/E ratio of 1.6, below the average automotive industry P/E ratio of 1.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 10.4% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Navistar International a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Navistar International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself.

On the negative front, China Automotive Systems ( CAAS), down 4.1%, Wabash National Corporation ( WNC), down 3.6%, Monro Muffler/Brake ( MNRO), down 3.4%, and ATC Venture Group ( ATC), down 3.3%, were all losers within the automotive industry with Honda Motor ( HMC) being today's automotive industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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