Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Navigator Holdings (NYSE:NVGS) Stock Price
Media stories about Navigator Holdings (NYSE:NVGS) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Navigator Holdings earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the shipping company an impact score of 46.6547532133454 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- $63.04 Million in Sales Expected for Navigator Holdings Ltd. (NVGS) This Quarter (americanbankingnews.com)
- Investor Network: Navigator Holdings Ltd. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of NVGS earnings conference call or presentation 8-Aug-17 1:00pm GMT (finance.yahoo.com)
- Navigator Holdings Ltd. (NYSE:NVGS) Given a $17.00 Price Target by Maxim Group Analysts (americanbankingnews.com)
- Navigator Holdings (NYSE:NVGS) versus GasLog LP. (GLOG) Head to Head Review (americanbankingnews.com)
Several research firms have weighed in on NVGS. Maxim Group set a $17.00 price target on shares of Navigator Holdings and gave the stock a “buy” rating in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Navigator Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Jefferies Group LLC reiterated 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. Morgan Stanley increased their price target 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. Finally, Zacks Investment Research downgraded shares of Navigator Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, July 15th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $12.38.
Navigator Holdings (NYSE:NVGS) traded up 4.52% on Friday, reaching $10.40. 162,306 shares of the company’s stock traded hands. The stock has a market cap of $577.53 million, a price-to-earnings ratio of 13.00 and a beta of 1.10. The stock has a 50 day moving average price of $9.62 and a 200 day moving average price of $10.72. Navigator Holdings has a 12-month low of $6.47 and a 12-month high of $14.75.
Navigator Holdings (NYSE:NVGS) last announced its quarterly earnings data on Monday, August 7th. The shipping company reported $0.04 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 business had revenue of $74.40 million for the quarter, compared to analyst estimates of $62.41 million. During the same quarter in the previous year, the firm posted $0.20 earnings per share. The business’s revenue was up 2.6% on a year-over-year basis. Analysts forecast that Navigator Holdings will post $0.38 EPS for the current 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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