Media stories about Navigator Holdings (NYSE:NVGS) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Navigator Holdings earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the shipping company an impact score of 46.9193509958629 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of brokerages recently weighed in on NVGS. BidaskClub upgraded shares of Navigator Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Maxim Group set a $17.00 price objective on shares of Navigator Holdings and gave the company a “buy” rating in a research report on Tuesday, August 8th. Morgan Stanley increased their price objective on shares of Navigator Holdings from $7.50 to $8.00 and gave the company an “underweight” rating in a research report on Monday, July 17th. Zacks Investment Research upgraded shares of Navigator Holdings from a “hold” rating to a “buy” rating and set a $9.50 price objective on the stock in a research report on Wednesday, July 12th. Finally, Jefferies Group LLC restated a “buy” rating and set a $15.00 price objective (down previously from $18.00) on shares of Navigator Holdings in a research report on Saturday, July 22nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $12.38.
Navigator Holdings (NYSE:NVGS) opened at 10.00 on Friday. Navigator Holdings has a 52-week low of $6.47 and a 52-week high of $14.75. The firm has a 50-day moving average of $9.91 and a 200 day moving average of $10.67. The company has a market capitalization of $555.31 million, a P/E ratio of 29.41 and a beta of 1.10.
Navigator Holdings (NYSE:NVGS) last posted its earnings results on Monday, August 7th. The shipping company reported $0.04 earnings per share (EPS) for the quarter, missing the 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 firm had revenue of $74.40 million during the quarter, compared to analyst estimates of $62.41 million. During the same quarter in the prior year, the firm earned $0.20 earnings per share. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities analysts predict that Navigator Holdings will post $0.36 earnings per share for the current fiscal year.
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About Navigator Holdings
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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