Navios Maritime Holdings Inc. operates as a seaborne shipping and logistics company in North America, Australia, Europe, Asia, South America, and internationally. It focuses on the transportation and transshipment of dry bulk commodities, including iron ores, coal, and grains. The company operates in two segments, Dry Bulk Vessel Operations and Logistics Business. The Dry Bulk Vessel Operations segment engages in the transportation and handling of bulk cargoes through the ownership, operation, and trading of vessels and freight. This segment charters its vessels to trading houses, producers, and government-owned entities. The Logistics Business segment operates ports and transfer station terminals, as well as upriver transport facilities in the Hidrovia region; and handles vessels, barges, push boats, and cabotage business. This segment provides its integrated transportation, storage, and related services through its port facilities, cargo barges, and product tankers to mineral and grain commodity providers, as well as to users of refined petroleum products. As of December 31, 2021, the company's fleet consisted of 36 vessels totaling 3.9 million deadweight tons. Navios Maritime Holdings Inc. was incorporated in 1954 and is headquartered in Grand Cayman, the Cayman Islands.
Navios Maritime Price Performance
Shares of NM Stock traded up $0.08 during trading hours on Friday, hitting $2.28. 113,627 shares of the company's stock were exchanged, compared to its average volume of 139,244. The stock's 50-day moving average is $2.49 and its 200-day moving average is $3.17. The stock has a market cap of $36.25 million, a price-to-earnings ratio of 0.36 and a beta of 1.89. Navios Maritime has a 52 week low of $1.94 and a 52 week high of $7.48. The company has a debt-to-equity ratio of 18.04, a current ratio of 0.35 and a quick ratio of 0.32.
Navios Maritime (NYSE:NM - Get Rating) last released its earnings results on Thursday, May 19th. The shipping company reported $0.62 earnings per share for the quarter. Navios Maritime had a return on equity of 373.27% and a net margin of 18.69%. The firm had revenue of $127.79 million for the quarter. As a group, research analysts forecast that Navios Maritime will post 7.4 EPS for the current year.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on NM. StockNews.com downgraded shares of Navios Maritime from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 12th. Clarkson Capital reaffirmed a "buy" rating on shares of Navios Maritime in a research note on Tuesday, June 14th. Finally, TheStreet cut Navios Maritime from a "c" rating to a "d+" rating in a research note on Thursday, May 19th.