Navigator Holdings Receives Consensus Rating of “Buy” from Analysts (NASDAQ:NVGS)
Navigator Holdings (NASDAQ:NVGS) has earned an average recommendation of “Buy” from the nine brokerages that are currently covering the company, AnalystRatings.NET reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $29.66.
NVGS has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Navigator Holdings from a “neutral” rating to an “outperform” rating in a research note on Friday, July 25th. They now have a $31.10 price target on the stock. Separately, analysts at MLV & Co
initiated coverage on shares of Navigator Holdings in a research note on Wednesday, May 28th. 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, May 28th. They now have a “buy” rating on the stock.
Navigator Holdings (NASDAQ:NVGS) opened at 27.85 on Monday. Navigator Holdings has a one year low of $19.48 and a one year high of $60.00. The stock has a 50-day moving average of $28.73 and a 200-day moving average of $26.03. The company has a market cap of $1.541 billion and a P/E ratio of 28.24.
Navigator Holdings (NASDAQ:NVGS) last announced its earnings results 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.
Navigator Holdings Ltd. is engaged in owning and operating fleet of handysize liquefied gas carriers.
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.