$0.06 EPS Expected for Navigator Holdings (NVGS) This Quarter

Analysts expect Navigator Holdings (NYSE:NVGS) to announce $0.06 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Navigator’s earnings. The highest EPS estimate is $0.08 and the lowest is $0.03. Navigator posted earnings per share of $0.10 during the same quarter last year, which indicates a negative year over year growth rate of 40%. The company is scheduled to report its next earnings report on Monday, May 14th.

According to Zacks, analysts expect that Navigator will report full year earnings of $0.39 per share for the current financial year, with EPS estimates ranging from $0.05 to $0.87. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.96 per share, with EPS estimates ranging from $0.63 to $1.65. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Navigator.

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Navigator (NYSE:NVGS) last released its quarterly earnings results on Monday, March 5th. The shipping company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.12). The firm had revenue of $76.70 million for the quarter, compared to analysts’ expectations of $60.02 million. Navigator had a net margin of 1.78% and a return on equity of 0.84%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 earnings per share.

Several brokerages recently commented on NVGS. Zacks Investment Research raised shares of Navigator from a “sell” rating to a “hold” rating in a research report on Tuesday, February 20th. Maxim Group reaffirmed a “buy” rating and issued a $16.00 price objective (up from $14.50) on shares of Navigator in a research report on Monday, March 5th. ValuEngine lowered shares of Navigator from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Jefferies Group began coverage on shares of Navigator in a research report on Monday, December 18th. They issued a “buy” rating and a $15.00 price objective for the company. Finally, Morgan Stanley raised shares of Navigator from an “underweight” rating to an “equal weight” rating and set a $13.00 price objective for the company in a research report on Monday, February 12th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Navigator has a consensus rating of “Hold” and an average price target of $13.90.

Institutional investors have recently made changes to their positions in the stock. Parametric Portfolio Associates LLC raised its position in shares of Navigator by 3.9% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 12,111 shares of the shipping company’s stock valued at $101,000 after purchasing an additional 455 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Navigator by 22.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 50,368 shares of the shipping company’s stock valued at $559,000 after purchasing an additional 9,101 shares during the last quarter. Creative Planning raised its position in shares of Navigator by 79.1% in the 4th quarter. Creative Planning now owns 50,931 shares of the shipping company’s stock valued at $502,000 after purchasing an additional 22,500 shares during the last quarter. Stifel Financial Corp raised its position in shares of Navigator by 12.4% in the 3rd quarter. Stifel Financial Corp now owns 100,415 shares of the shipping company’s stock valued at $1,116,000 after purchasing an additional 11,100 shares during the last quarter. Finally, Penbrook Management LLC purchased a new position in shares of Navigator in the 4th quarter valued at approximately $1,481,000. 69.52% of the stock is owned by hedge funds and other institutional investors.

Shares of NVGS stock traded down $0.20 during mid-day trading on Friday, hitting $11.20. 107,282 shares of the stock traded hands, compared to its average volume of 115,186. The firm has a market cap of $633.06, a price-to-earnings ratio of 70.00, a PEG ratio of 3.26 and a beta of 1.23. Navigator has a 52-week low of $7.00 and a 52-week high of $14.55. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.94 and a current ratio of 1.02.

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Navigator Company Profile

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 December 31, 2017, it owned and operated a fleet of 38 vessels.

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