Navigator Holdings Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:NVGS)
Navigator Holdings (NASDAQ:NVGS) has earned an average recommendation of “Buy” from the nine analysts that are presently covering the stock, Stock Ratings Network.com reports. Three investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $29.21.
Navigator Holdings (NASDAQ:NVGS) traded up 2.52% during mid-day trading on Wednesday, hitting $24.83. The stock had a trading volume of 67,661 shares. Navigator Holdings has a 52 week low of $19.48 and a 52 week high of $60.00. The stock’s 50-day moving average is $25.46 and its 200-day moving average is $26.49. The company has a market cap of $1.374 billion and a P/E ratio of 23.84.
Navigator Holdings (NASDAQ:NVGS) last released its earnings data on Thursday, May 8th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04.
A number of research firms have recently commented on NVGS. Analysts at ING Group initiated coverage on shares of Navigator Holdings in a research note on Wednesday. They set a “hold” rating and a $28.00 price target on the stock. Separately, analysts at MLV & Co
initiated coverage on shares of Navigator Holdings in a research note on Wednesday. They set a “hold” rating and a $28.00 price target on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Navigator Holdings from $29.00 to $32.00 in a research note on Wednesday. They now have a “buy” rating on the stock.
Navigator Holdings Ltd. is engaged in owning and operating fleet of handysize liquefied gas carriers.
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