Morningstar

Morningstar, Inc.

Equity Bottom-Up

With its refreshed product line aided by a strong North American economy, Navistar beat consensus estimates for both revenue and adjusted EPS in the second quarter. Revenue including financial services of $3.0 billion easily surpassed Street estimates of $2.7 billion. Adjusted EPS of $1.22, which excluded a $159 million EGR legal settlement, beat consensus of $0.88. More important was that Navistar increased market share sequentially in all its core markets, including an increase from 12.0% to…

We are initiating coverage on truck and school bus manufacturer Navistar with a no-moat rating and a fair value estimate of $28.50. Navistar is famously known for having pursued an unconventional diesel emissions technology, exhaust gas recirculation, or EGR, to meet EPA requirements, which ultimately failed and led to numerous lawsuits with regulators and customers. It subsequently abandoned its proprietary EGR technology and adopted industry-standard selective catalyst reduction, or SCR, in…

United States

Navistar International Corporation manufactures and markets medium and heavy trucks, school buses, mid-range diesel engines, and service parts. The Company also provides financial services to its dealers and customers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00