Navigator Holdings Ltd (NVGS) Receives $13.38 Average Price Target from Analysts

Shares of Navigator Holdings Ltd (NYSE:NVGS) have earned an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $13.38.

NVGS has been the topic of a number of research reports. Maxim Group cut their price objective on shares of Navigator from $17.00 to $14.50 and set a “buy” rating on the stock in a research report on Thursday, November 9th. Stifel Nicolaus reissued a “buy” rating and issued a $16.00 price objective on shares of Navigator in a research report on Thursday, August 31st. Jefferies Group reissued a “buy” rating and issued a $15.00 price objective on shares of Navigator in a research report on Tuesday, August 29th. BidaskClub raised shares of Navigator from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Finally, Zacks Investment Research lowered shares of Navigator from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Parametric Portfolio Associates LLC raised its position in Navigator 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 acquiring an additional 455 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in Navigator 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 acquiring an additional 1,510 shares in the last quarter. Phoenix Investment Adviser LLC raised its position in Navigator by 2.2% during 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 in the last quarter. Stifel Financial Corp raised its position in Navigator by 3.4% during 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 in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Navigator by 62.2% during 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 in the last quarter. 69.05% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Navigator (NYSE:NVGS) traded down $0.05 during mid-day trading on Thursday, hitting $10.20. 87,692 shares of the stock were exchanged, compared to its average volume of 256,515. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.93 and a current ratio of 1.00. The company has a market capitalization of $555.87, a price-to-earnings ratio of 38.50, a PEG ratio of 7.29 and a beta of 1.03. Navigator has a twelve month low of $7.00 and a twelve month high of $14.75.

Navigator (NYSE:NVGS) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $59.65 million. Navigator had a return on equity of 1.49% and a net margin of 3.88%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 EPS. equities analysts predict that Navigator will post 0.15 EPS for the current year.

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About Navigator

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 (NYSE:NVGS)

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