Navigator Holdings (NVGS) Earning Somewhat Positive Press Coverage, Study Finds
News stories about Navigator Holdings (NYSE:NVGS) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Navigator Holdings earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the shipping company an impact score of 45.60247970885 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of analysts recently commented on the stock. Jefferies Group LLC reissued a “buy” rating and set a $15.00 price objective (down previously from $18.00) on shares of Navigator Holdings in a report on Saturday, July 22nd. Zacks Investment Research raised shares of Navigator Holdings from a “hold” rating to a “buy” rating and set a $9.50 price target on the stock in a report on Wednesday, July 12th. Maxim Group set a $17.00 price target on shares of Navigator Holdings and gave the company a “buy” rating in a report on Tuesday, August 8th. BidaskClub downgraded shares of Navigator Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Finally, Morgan Stanley upped their price target on shares of Navigator Holdings from $7.50 to $8.00 and gave the company an “underweight” rating in a report on Monday, July 17th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $13.10.
Shares of Navigator Holdings (NVGS) remained flat at $11.10 during mid-day trading on Friday. 69,642 shares of the stock traded hands. The company has a market capitalization of $616.39 million, a PE ratio of 32.65 and a beta of 1.09. Navigator Holdings has a one year low of $6.65 and a one year high of $14.75. The company has a 50-day moving average of $10.51 and a 200 day moving average of $10.55.
Navigator Holdings (NYSE:NVGS) last posted its quarterly earnings data on Monday, August 7th. The shipping company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.02). Navigator Holdings had a net margin of 6.44% and a return on equity of 2.28%. The business had revenue of $74.40 million for the quarter, compared to the consensus estimate of $62.41 million. During the same quarter last year, the business posted $0.20 EPS. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities research analysts forecast that Navigator Holdings will post $0.28 EPS for the current fiscal year.
Navigator Holdings Company Profile
Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. As of December 31, 2016, it had 33 semi- or fully-refrigerated handysize liquefied gas carriers.
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