Navigator Holdings Ltd. (NYSE:NVGS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.

According to Zacks, “Navigator Holdings Ltd. provides international seaborne transportation and regional distribution services of liquefied petroleum gas, petrochemical gases and ammonia for energy companies, industrial users and commodity traders. Navigator Holdings Ltd. is based in London, the United Kingdom. “

Other analysts also recently issued reports about the company. Maxim Group decreased their target price on Navigator Holdings from $17.00 to $14.50 and set a “buy” rating for the company in a research report on Thursday, November 9th. BidaskClub downgraded Navigator Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Stifel Nicolaus reissued a “buy” rating and issued a $16.00 target price on shares of Navigator Holdings in a research report on Thursday, August 31st. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $15.00 target price on shares of Navigator Holdings in a research report on Tuesday, August 29th. Three analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $12.60.

Shares of Navigator Holdings (NVGS) opened at $9.90 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $552.54, a P/E ratio of 38.27, a P/E/G ratio of 7.25 and a beta of 1.05. Navigator Holdings has a 52-week low of $7.00 and a 52-week high of $14.75.

Navigator Holdings (NYSE:NVGS) last issued its quarterly earnings results on Wednesday, November 8th. The shipping company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.04). The business 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%. The business’s revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 earnings per share. research analysts anticipate that Navigator Holdings will post 0.15 EPS for the current fiscal year.

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Several institutional investors have recently bought and sold shares of the company. Parametric Portfolio Associates LLC boosted its holdings in shares of Navigator Holdings by 3.9% in the second quarter. Parametric Portfolio Associates LLC now owns 12,111 shares of the shipping company’s stock worth $101,000 after acquiring an additional 455 shares during the period. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Navigator Holdings by 13.3% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 12,865 shares of the shipping company’s stock worth $107,000 after acquiring an additional 1,510 shares during the period. Phoenix Investment Adviser LLC boosted its holdings in shares of Navigator Holdings by 2.2% in the second quarter. Phoenix Investment Adviser LLC now owns 129,764 shares of the shipping company’s stock worth $1,077,000 after acquiring an additional 2,800 shares during the period. Stifel Financial Corp boosted its holdings in shares of Navigator Holdings by 3.4% in the second quarter. Stifel Financial Corp now owns 89,315 shares of the shipping company’s stock worth $729,000 after acquiring an additional 2,935 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Navigator Holdings by 62.2% in the second quarter. JPMorgan Chase & Co. now owns 12,810 shares of the shipping company’s stock worth $106,000 after acquiring an additional 4,910 shares during the period. 67.16% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Navigator Holdings (NYSE:NVGS)

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