Shares of Navigator Holdings Ltd. (NYSE:NVGS – Get Free Report) have earned an average recommendation of “Buy” from the five ratings firms that are covering the company, Marketbeat reports. Five investment analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $21.60.
Separately, Jefferies Financial Group restated a “buy” rating and set a $20.00 target price on shares of Navigator in a research report on Wednesday.
View Our Latest Analysis on NVGS
Hedge Funds Weigh In On Navigator
Navigator Price Performance
NVGS opened at $13.68 on Wednesday. The company has a fifty day moving average price of $15.96 and a two-hundred day moving average price of $15.86. The firm has a market capitalization of $1.00 billion, a PE ratio of 12.10 and a beta of 1.39. Navigator has a 52 week low of $13.47 and a 52 week high of $18.18. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.71 and a current ratio of 0.75.
Navigator (NYSE:NVGS – Get Free Report) last announced its quarterly earnings data on Wednesday, March 12th. The shipping company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. The business had revenue of $144.03 million during the quarter, compared to analysts’ expectations of $120.87 million. Navigator had a return on equity of 7.40% and a net margin of 14.48%. As a group, analysts anticipate that Navigator will post 1.25 earnings per share for the current year.
Navigator Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Monday, March 24th will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.20 annualized dividend and a yield of 1.46%. Navigator’s dividend payout ratio is currently 16.67%.
About Navigator
Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.
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