Navigator Holdings Ltd. (NYSE:NVGS) Receives $21.60 Consensus PT from Analysts

Shares of Navigator Holdings Ltd. (NYSE:NVGS - Get Free Report) have been assigned a consensus rating of "Buy" from the five analysts that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $21.60.

Separately, Jefferies Financial Group reiterated a "buy" rating and issued a $20.00 price target on shares of Navigator in a research report on Wednesday, March 12th.

Hedge Funds Weigh In On Navigator

Several hedge funds have recently modified their holdings of NVGS. R Squared Ltd purchased a new position in Navigator during the fourth quarter valued at $31,000. New Age Alpha Advisors LLC bought a new position in shares of Navigator during the 4th quarter valued at about $38,000. Quarry LP grew its position in shares of Navigator by 61.0% during the third quarter. Quarry LP now owns 4,383 shares of the shipping company's stock valued at $70,000 after purchasing an additional 1,661 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Navigator by 18.5% in the fourth quarter. LPL Financial LLC now owns 12,638 shares of the shipping company's stock worth $194,000 after purchasing an additional 1,976 shares during the last quarter. Finally, Aristides Capital LLC lifted its position in shares of Navigator by 10.5% in the fourth quarter. Aristides Capital LLC now owns 15,034 shares of the shipping company's stock worth $231,000 after buying an additional 1,428 shares in the last quarter. Hedge funds and other institutional investors own 18.95% of the company's stock.

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Navigator Stock Performance

NYSE NVGS traded down $0.38 on Friday, hitting $11.85. 457,602 shares of the company traded hands, compared to its average volume of 216,995. The business's 50 day moving average price is $14.45 and its 200-day moving average price is $15.43. Navigator has a 52-week low of $10.55 and a 52-week high of $18.18. The company has a current ratio of 0.75, a quick ratio of 0.71 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $822.02 million, a price-to-earnings ratio of 10.48 and a beta of 1.07.

Navigator (NYSE:NVGS - Get Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The shipping company reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. The firm had revenue of $144.03 million for the quarter, compared to analysts' expectations of $120.87 million. Navigator had a return on equity of 7.40% and a net margin of 14.48%. Equities analysts expect that Navigator will post 1.25 earnings per share for the current year.

Navigator Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Monday, March 24th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend was Monday, March 24th. Navigator's dividend payout ratio (DPR) is currently 16.67%.

Navigator Company Profile

Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.