Share on StockTwits

The Navigators Group (NASDAQ:NAVG) hit a new 52-week high on Tuesday , Analyst Ratings Network.com reports. The stock traded as high as $68.25 and last traded at $67.38, with a volume of 30,367 shares changing hands. The stock had previously closed at $67.05.

A number of research firms have recently commented on NAVG. Analysts at Sandler O’Neill upgraded shares of The Navigators Group from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of The Navigators Group from $61.00 to $67.00 in a research note on Monday, May 12th. Finally, analysts at Zacks downgraded shares of The Navigators Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a $69.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The Navigators Group currently has an average rating of “Buy” and an average price target of $64.67.

The stock has a 50-day moving average of $63.71 and a 200-day moving average of $61.23. The company has a market cap of $958.7 million and a P/E ratio of 12.43.

The Navigators Group (NASDAQ:NAVG) last released its earnings data on Wednesday, May 7th. The company reported $1.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.46. The company had revenue of $253.10 million for the quarter, compared to the consensus estimate of $227.93 million. During the same quarter last year, the company posted $0.75 earnings per share. The Navigators Group’s revenue was up 14.3% compared to the same quarter last year. On average, analysts predict that The Navigators Group will post $4.83 earnings per share for the current fiscal year.

The Navigators Group, Inc is an international insurance company focusing on specialty products within the overall property casualty insurance market.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.