News coverage about Navigator Holdings (NYSE:NVGS) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Navigator Holdings earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the shipping company an impact score of 45.7954489070896 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities analysts have issued reports on NVGS shares. Jefferies Group LLC restated a “buy” rating and issued a $15.00 price target (down from $18.00) on shares of Navigator Holdings in a research report on Saturday, July 22nd. Zacks Investment Research cut shares of Navigator Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday. Stifel Nicolaus reiterated a “buy” rating and set a $16.00 price objective on shares of Navigator Holdings in a research report on Thursday, August 31st. BidaskClub cut shares of Navigator Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Finally, Morgan Stanley increased their price objective on shares of Navigator Holdings from $7.50 to $8.00 and gave the stock an “underweight” rating in a research report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $13.10.
Shares of Navigator Holdings (NVGS) traded down 0.88% on Friday, reaching $11.20. 150,994 shares of the company traded hands. The stock has a market capitalization of $621.95 million, a P/E ratio of 32.94 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 stock’s 50 day moving average price is $11.10 and its 200-day moving average price is $10.24.
Navigator Holdings (NYSE:NVGS) last issued its quarterly earnings results on Monday, August 7th. The shipping company reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.02). Navigator Holdings had a return on equity of 2.28% and a net margin of 6.44%. The business had revenue of $74.40 million for the quarter, compared to analysts’ expectations of $62.41 million. During the same quarter in the previous year, the firm posted $0.20 EPS. Navigator Holdings’s revenue was up 2.6% on a year-over-year basis. Equities analysts forecast that Navigator Holdings will post $0.28 earnings per share for the current fiscal year.
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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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