Navios Maritime Holdings (NM) Set to Announce Quarterly Earnings on Thursday
Navios Maritime Holdings (NYSE:NM) is scheduled to announce its Q214 earnings results on Thursday, August 21st. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $135.20 million for the quarter.
Navios Maritime Holdings (NYSE:NM) opened at 9.15 on Wednesday. Navios Maritime Holdings has a 1-year low of $6.06 and a 1-year high of $12.12. The stock’s 50-day moving average is $8.58 and its 200-day moving average is $9.14. The company’s market cap is $937.7 million.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Navios Maritime Holdings from an “outperform” rating to a “neutral” rating in a research note on Monday, August 4th. They now have a $9.70 price target on the stock. On a related note, analysts at Canaccord Genuity initiated coverage on shares of Navios Maritime Holdings in a research note on Tuesday, June 10th. They set a “buy” rating and a $14.00 price target on the stock. Finally, analysts at MLV & Co
initiated coverage on shares of Navios Maritime Holdings in a research note on Wednesday, May 28th. They set a “buy” rating on the stock. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Navios Maritime Holdings currently has a consensus rating of “Buy” and an average price target of $11.30.
Navios Maritime Holdings Inc (NYSE:NM) is a global, vertically integrated seaborne shipping and logistics company which operates numerous businesses focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.
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