Navient Shares Sink as Profit Slump Expected to Continue
• Navient Corporation's share price and earnings have been declining faster than the overall market recently
• The company's P/E ratio of 8.1x is low compared to the market average, reflecting expectations of continued poor performance
• Navient's earnings declined 59% last year and have fallen 6.3% over the last 3 years
• Analysts forecast Navient's earnings to contract 2.4% annually over the next 3 years, much worse than the market's 12% expected growth
• The low P/E ratio may continue or go even lower if Navient does not improve profitability, presenting risks for potential investors