Shares of Navios Maritime Midstream Partners LP (NYSE:NAP) have earned an average recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $8.00.

Several brokerages have recently commented on NAP. ValuEngine lowered Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a research report on Sunday. TheStreet upgraded Navios Maritime Midstream Partners from a “d+” rating to a “c” rating in a research report on Monday, November 13th. Finally, Citigroup increased their price objective on Navios Maritime Midstream Partners from $7.00 to $8.00 and gave the company a “neutral” rating in a research report on Friday, October 20th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NAP. Arrow Investment Advisors LLC purchased a new stake in Navios Maritime Midstream Partners in the 2nd quarter worth approximately $570,000. Virtu KCG Holdings LLC purchased a new stake in Navios Maritime Midstream Partners in the 2nd quarter worth approximately $266,000. CS Mckee LP lifted its holdings in Navios Maritime Midstream Partners by 33.0% in the 3rd quarter. CS Mckee LP now owns 64,900 shares of the shipping company’s stock worth $484,000 after buying an additional 16,100 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in Navios Maritime Midstream Partners in the 2nd quarter worth approximately $133,000. Institutional investors and hedge funds own 10.85% of the company’s stock.

Navios Maritime Midstream Partners (NAP) opened at $9.65 on Thursday. The firm has a market capitalization of $206.27, a PE ratio of 12.53, a price-to-earnings-growth ratio of 3.19 and a beta of 0.63. The company has a quick ratio of 12.24, a current ratio of 12.24 and a debt-to-equity ratio of 0.75. Navios Maritime Midstream Partners has a one year low of $6.55 and a one year high of $12.70.

Navios Maritime Midstream Partners (NYSE:NAP) last announced its earnings results on Thursday, October 19th. The shipping company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). The business had revenue of $20.74 million during the quarter, compared to the consensus estimate of $21.24 million. Navios Maritime Midstream Partners had a return on equity of 5.22% and a net margin of 16.83%. Navios Maritime Midstream Partners’s revenue was down 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 earnings per share. equities analysts predict that Navios Maritime Midstream Partners will post 0.69 earnings per share for the current fiscal year.

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About Navios Maritime Midstream Partners

Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts.

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