Somewhat Favorable News Coverage Somewhat Unlikely to Impact Navios Maritime (NM) Stock Price

Media headlines about Navios Maritime (NYSE:NM) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Navios Maritime earned a news impact score of 0.14 on Accern’s scale. Accern also gave news coverage about the shipping company an impact score of 45.9254055910629 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

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NM traded down $0.07 during midday trading on Friday, reaching $0.73. The company’s stock had a trading volume of 1,514,748 shares, compared to its average volume of 845,934. The firm has a market capitalization of $85.53, a P/E ratio of -0.72 and a beta of 2.66. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 2.32. Navios Maritime has a twelve month low of $0.71 and a twelve month high of $1.99.

Navios Maritime (NYSE:NM) last announced its quarterly earnings data on Wednesday, February 21st. The shipping company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.01. Navios Maritime had a negative return on equity of 15.58% and a negative net margin of 37.28%. The company had revenue of $128.53 million for the quarter, compared to analyst estimates of $134.69 million. analysts anticipate that Navios Maritime will post -0.53 earnings per share for the current year.

A number of analysts have issued reports on the company. Zacks Investment Research lowered Navios Maritime from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. Jefferies Group assumed coverage on Navios Maritime in a report on Monday, December 18th. They issued a “buy” rating and a $2.00 target price on the stock. Clarkson Capital raised Navios Maritime from a “neutral” rating to a “buy” rating in a report on Monday, February 12th. Finally, JPMorgan Chase lowered Navios Maritime from a “neutral” rating to an “underweight” rating in a report on Friday, March 23rd. Four analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $1.58.

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About Navios Maritime

Navios Maritime Holdings Inc (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. It operates through two segments: the Dry bulk Vessel Operations and the Logistics Business.

Insider Buying and Selling by Quarter for Navios Maritime (NYSE:NM)

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