Navigator Holdings Ltd. (NYSE:NVGS) had its price target boosted by stock analysts at Morgan Stanley from $7.50 to $8.00 in a research note issued on Monday. The firm currently has an “underweight” rating on the shipping company’s stock. Morgan Stanley’s target price points to a potential downside of 21.18% from the company’s previous close.

A number of other analysts have also commented on NVGS. Zacks Investment Research raised Navigator Holdings from a “hold” rating to a “buy” rating and set a $9.50 price target on the stock in a research note on Wednesday, July 12th. BidaskClub raised Navigator Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, Maxim Group set a $17.00 price target on Navigator Holdings and gave the company a “buy” rating in a research note on Thursday, May 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $13.50.

Navigator Holdings (NYSE NVGS) traded down 5.58% on Monday, hitting $10.15. The company had a trading volume of 613,953 shares. Navigator Holdings has a 12-month low of $6.47 and a 12-month high of $14.75. The firm has a market capitalization of $563.64 million, a PE ratio of 20.30 and a beta of 1.01. The firm has a 50-day moving average price of $7.86 and a 200-day moving average price of $10.77.

Navigator Holdings (NYSE:NVGS) last released its quarterly earnings data on Monday, May 8th. The shipping company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The business had revenue of $77.30 million for the quarter, compared to analyst estimates of $63.83 million. Navigator Holdings had a return on equity of 3.23% and a net margin of 9.48%. Navigator Holdings’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm posted $0.35 earnings per share. On average, equities research analysts anticipate that Navigator Holdings will post $0.48 earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. bought a new position in shares of Navigator Holdings during the first quarter worth about $411,000. Gabelli Funds LLC increased its position in shares of Navigator Holdings by 4.3% in the first quarter. Gabelli Funds LLC now owns 146,000 shares of the shipping company’s stock worth $2,008,000 after buying an additional 6,000 shares during the period. Gamco Investors INC. ET AL increased its position in shares of Navigator Holdings by 6.8% in the first quarter. Gamco Investors INC. ET AL now owns 180,500 shares of the shipping company’s stock worth $2,482,000 after buying an additional 11,456 shares during the period. Teton Advisors Inc. increased its position in shares of Navigator Holdings by 11.9% in the first quarter. Teton Advisors Inc. now owns 150,000 shares of the shipping company’s stock worth $2,063,000 after buying an additional 16,000 shares during the period. Finally, HPM Partners LLC bought a new position in shares of Navigator Holdings during the first quarter worth about $275,000. Institutional investors own 68.46% of the company’s stock.

Navigator Holdings Company Profile

Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. As of December 31, 2016, it had 33 semi- or fully-refrigerated handysize liquefied gas carriers.

Analyst Recommendations for Navigator Holdings (NYSE:NVGS)

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