Several other equities research analysts have also recently issued reports on NVGS. BidaskClub raised Navigator Holdings from a sell rating to a hold rating in a report on Thursday, July 6th. Zacks Investment Research raised Navigator Holdings from a hold rating to a buy rating and set a $9.50 price objective on the stock in a research note on Wednesday, July 12th. Morgan Stanley boosted their price objective on Navigator Holdings from $7.50 to $8.00 and gave the stock an underweight rating in a research note on Monday, July 17th. Jefferies Group LLC reissued a buy rating and set a $15.00 price objective (down from $18.00) on shares of Navigator Holdings in a research note on Saturday, July 22nd. Finally, Stifel Nicolaus reissued a buy rating and set a $16.00 price objective on shares of Navigator Holdings in a research note on Thursday, August 31st. Three investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $12.60.
Navigator Holdings (NYSE:NVGS) opened at $9.90 on Wednesday. The firm has a market capitalization of $552.54, a price-to-earnings ratio of 38.27, a P/E/G ratio of 7.25 and a beta of 1.05. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.77. Navigator Holdings has a 52-week low of $7.00 and a 52-week high of $14.75.
Navigator Holdings (NYSE:NVGS) last released its earnings results on Wednesday, November 8th. The shipping company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.04). The company had revenue of $70.21 million for the quarter, compared to analysts’ expectations of $59.65 million. Navigator Holdings had a net margin of 3.88% and a return on equity of 1.49%. Navigator Holdings’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 earnings per share. equities analysts anticipate that Navigator Holdings will post 0.15 EPS for the current fiscal year.
Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new stake in Navigator Holdings during the first quarter worth $109,000. Parametric Portfolio Associates LLC lifted its holdings in Navigator Holdings by 3.9% during the second quarter. Parametric Portfolio Associates LLC now owns 12,111 shares of the shipping company’s stock worth $101,000 after buying an additional 455 shares during the period. Bronfman E.L. Rothschild L.P. lifted its holdings in Navigator Holdings by 13.3% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 12,865 shares of the shipping company’s stock worth $107,000 after buying an additional 1,510 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in Navigator Holdings during the second quarter worth $115,000. Finally, HighTower Advisors LLC purchased a new stake in Navigator Holdings during the first quarter worth $295,000. Institutional investors own 67.16% of the company’s stock.
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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