Navios Maritime Partners (NMM) Receives Daily Media Impact Score of 0.18
News headlines about Navios Maritime Partners (NYSE:NMM) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Navios Maritime Partners earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the shipping company an impact score of 45.0117441161379 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities research analysts recently commented on the company. Stifel Nicolaus restated a “hold” rating and set a $2.25 target price on shares of Navios Maritime Partners in a research report on Friday, September 1st. Zacks Investment Research upgraded Navios Maritime Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. BidaskClub upgraded Navios Maritime Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Jefferies Group LLC assumed coverage on Navios Maritime Partners in a research report on Monday, June 5th. They set a “buy” rating and a $2.00 target price on the stock. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $2.19.
Shares of Navios Maritime Partners (NYSE:NMM) traded down 0.93% on Friday, reaching $2.13. The company’s stock had a trading volume of 369,663 shares. The company’s market cap is $320.45 million. The company’s 50 day moving average price is $2.00 and its 200 day moving average price is $1.87. Navios Maritime Partners has a 12-month low of $1.15 and a 12-month high of $2.94.
Navios Maritime Partners (NYSE:NMM) last announced its quarterly earnings results on Thursday, July 27th. The shipping company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Navios Maritime Partners had a positive return on equity of 2.60% and a negative net margin of 19.50%. The company had revenue of $50.02 million for the quarter, compared to the consensus estimate of $44.37 million. During the same quarter in the previous year, the business earned $0.05 EPS. Navios Maritime Partners’s revenue was up 11.5% compared to the same quarter last year. Analysts forecast that Navios Maritime Partners will post $0.06 EPS for the current fiscal year.
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About Navios Maritime Partners
Navios Maritime Partners L.P. is an international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain and fertilizer, and also containers, chartering its vessels under medium to long-term charters.
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