Navigator (NYSE:NVGS - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.
Navigator (NYSE:NVGS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The shipping company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. Navigator had a net margin of 14.76% and a return on equity of 7.35%. The firm had revenue of $129.55 million for the quarter, compared to analysts' expectations of $117.92 million. On average, analysts expect Navigator to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Navigator Trading Up 1.8 %
Shares of NVGS traded up $0.27 during mid-day trading on Thursday, hitting $15.41. The company had a trading volume of 166,254 shares, compared to its average volume of 200,249. The business's 50-day simple moving average is $16.09 and its 200-day simple moving average is $16.30. The company has a quick ratio of 1.13, a current ratio of 1.19 and a debt-to-equity ratio of 0.55. Navigator has a 1-year low of $13.72 and a 1-year high of $18.18. The stock has a market cap of $1.13 billion, a PE ratio of 13.45 and a beta of 1.49.
Navigator Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Tuesday, September 3rd were issued a $0.05 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $0.20 annualized dividend and a yield of 1.30%. Navigator's payout ratio is 17.70%.
Analyst Upgrades and Downgrades
Several research analysts recently commented on NVGS shares. Alliance Global Partners started coverage on shares of Navigator in a report on Monday. They issued a "buy" rating and a $24.00 price target on the stock. Clarkson Capital upgraded shares of Navigator from a "neutral" rating to a "buy" rating and set a $20.00 price target on the stock in a report on Thursday, August 22nd. Citigroup started coverage on shares of Navigator in a report on Wednesday, July 31st. They issued a "buy" rating and a $22.00 price target on the stock. DNB Markets started coverage on shares of Navigator in a report on Thursday, September 12th. They issued a "buy" rating and a $22.00 price target on the stock. Finally, StockNews.com lowered shares of Navigator from a "buy" rating to a "hold" rating in a report on Monday, October 14th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Navigator currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.60.
Read Our Latest Stock Analysis on NVGS
About Navigator
(
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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.
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