Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. The company provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. As of April 14, 2022, it operated a fleet of 53 semi- or fully-refrigerated liquefied gas carriers. The company was founded in 1997 and is based in London, the United Kingdom.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on NVGS. Jefferies Financial Group started coverage on shares of Navigator in a report on Wednesday, July 20th. They issued a "buy" rating and a $15.00 price target on the stock. Clarkson Capital reaffirmed a "buy" rating on shares of Navigator in a research report on Tuesday, June 14th. Stifel Nicolaus increased their price objective on Navigator from $18.00 to $19.00 and gave the stock a "buy" rating in a report on Thursday, June 2nd. Finally, StockNews.com raised Navigator from a "hold" rating to a "buy" rating in a research note on Friday, June 3rd.
Navigator Price Performance
NVGS Stock traded down $0.12 during trading on Friday, reaching $11.51. The company had a trading volume of 116,409 shares, compared to its average volume of 115,190. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.18 and a quick ratio of 1.11. Navigator has a 52 week low of $7.84 and a 52 week high of $15.21. The business has a 50 day moving average of $11.41 and a 200 day moving average of $11.69.
Navigator (NYSE:NVGS - Get Rating) last announced its earnings results on Monday, May 23rd. The shipping company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.06). Navigator had a positive return on equity of 3.33% and a negative net margin of 2.95%. The firm had revenue of $98.98 million during the quarter, compared to the consensus estimate of $99.57 million. During the same period in the prior year, the company posted $0.05 EPS. As a group, research analysts anticipate that Navigator will post 0.92 earnings per share for the current year.