Equities research analysts expect Navigator Holdings Ltd (NYSE:NVGS) to announce $58.50 million in sales for the current quarter, according to Zacks. Three analysts have made estimates for Navigator’s earnings. The lowest sales estimate is $56.00 million and the highest is $61.83 million. Navigator posted sales of $75.46 million during the same quarter last year, which suggests a negative year-over-year growth rate of 22.5%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, March 7th.

On average, analysts expect that Navigator will report full year sales of $58.50 million for the current fiscal year, with estimates ranging from $234.71 million to $278.00 million. For the next financial year, analysts forecast that the business will post sales of $253.58 million per share, with estimates ranging from $235.45 million to $289.91 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Navigator.

Navigator (NYSE:NVGS) last posted its quarterly earnings results on Wednesday, November 8th. The shipping company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). Navigator had a net margin of 3.88% and a return on equity of 1.49%. The business had revenue of $70.21 million during the quarter, compared to the consensus estimate of $59.65 million. During the same period last year, the firm earned $0.12 EPS. The business’s revenue for the quarter was up .7% on a year-over-year basis.

NVGS has been the topic of several research reports. Stifel Nicolaus reissued a “buy” rating and issued a $16.00 price target on shares of Navigator in a research report on Thursday, August 31st. Maxim Group set a $17.00 target price on shares of Navigator and gave the stock a “buy” rating in a report on Wednesday, November 1st. Jefferies Group reaffirmed a “buy” rating and set a $15.00 target price on shares of Navigator in a report on Tuesday, August 29th. BidaskClub raised shares of Navigator from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Finally, Zacks Investment Research lowered shares of Navigator from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Three research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.60.

A number of institutional investors have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. grew its stake in Navigator by 13.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,930,167 shares of the shipping company’s stock worth $21,425,000 after buying an additional 222,460 shares in the last quarter. Gagnon Securities LLC grew its stake in Navigator by 33.7% in the 3rd quarter. Gagnon Securities LLC now owns 774,072 shares of the shipping company’s stock worth $8,592,000 after buying an additional 195,181 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in Navigator by 10.2% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 736,450 shares of the shipping company’s stock worth $6,113,000 after buying an additional 68,000 shares in the last quarter. First Manhattan Co. grew its stake in Navigator by 3.1% in the 3rd quarter. First Manhattan Co. now owns 545,400 shares of the shipping company’s stock worth $6,053,000 after buying an additional 16,400 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its stake in Navigator by 71.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 405,865 shares of the shipping company’s stock worth $3,369,000 after buying an additional 169,410 shares in the last quarter. 69.05% of the stock is currently owned by institutional investors and hedge funds.

Navigator (NVGS) traded up $0.06 during midday trading on Monday, hitting $10.01. 94,000 shares of the stock traded hands, compared to its average volume of 257,657. Navigator has a one year low of $7.00 and a one year high of $14.75. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $555.87, a price-to-earnings ratio of 38.50, a P/E/G ratio of 7.29 and a beta of 1.03.

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Navigator 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.

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