EPS for Navios Maritime Holdings Inc. (NM) Expected At $

Paterniano Del Favero
Agosto 18, 2017

Price moves in a company's bonds in credit markets sometimes predict parallel moves in its stock price.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Rand Logistics, Inc. Citigroup Inc. decreased their price target on shares of Navios Maritime Holdings from $1.50 to $1.25 and set a sell rating on the stock in a report on Thursday, May 25th. TheStreet cut shares of Navios Maritime Acquisition Corporation from a "c" rating to a "d+" rating in a research note on Thursday, August 10th. ValuEngine lowered shares of Navios Maritime Acquisition Corporation from a "buy" rating to a "hold" rating in a research report on Tuesday, June 6th. The company traded as low as $8.68 and last traded at $8.69, with a volume of 40,918 shares.

This mixed trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term. Navios Maritime Midstream Partners has a consensus rating of "Hold" and an average target price of $10.33. Shares last traded at $8.80 quite a bit lower than the 50 day moving average of $9.91 and well below the 200 day moving average of $10.76. The day began at US$9.43 but the price moved to US$9.3 at one point during the trading and finally capitulating to a session high of US$9.6099.

07/23/2014 - Evercore ISI began new coverage on Navios Maritime Partners LP giving the company a "equal weight" rating. The stock's market capitalization is 4.94M, it has a 52-week low of 0.19 and a 52-week high of 2.95.

Navios Maritime Holdings (NYSE:NM) last posted its earnings results on Wednesday, May 24th.

We should point out that Navios Maritime has a forward PE ratio (price relative to this year's earnings) of just 15.67, so it is fair to expect an increase in the company's share price in the near future. The firm had revenue of $95.30 million for the quarter, compared to the consensus estimate of $104.31 million. Navios Maritime Midstream Partners had a return on equity of 5.73% and a net margin of 18.41%. Navios Maritime Partners LP now has $286.03 million valuation. This dividend represents a yield of $19.01. Announces the Date for the Release of Second ..." published on August 17, 2017, Globenewswire.com published: "Navios Maritime Holdings Inc. Navios Maritime Acquisition Corporation's dividend payout ratio (DPR) is presently 68.97%.

Institutional investors have recently made changes to their positions in the company. Northern Trust Corp bought a new position in shares of Navios Maritime Holdings during the second quarter worth approximately $1,065,000. Renaissance Technologies LLC now owns 1,748,802 shares of the shipping company's stock worth $2,466,000 after buying an additional 475,200 shares during the last quarter. Goldman Sachs Group Inc. now owns 858,152 shares of the shipping company's stock worth $1,605,000 after buying an additional 615,981 shares during the period. Parametric Portfolio Associates LLC now owns 2,776,233 shares of the shipping company's stock worth $5,192,000 after buying an additional 212,145 shares during the period. CWA Asset Management Group LLC purchased a new position in Navios Maritime Midstream Partners during the second quarter worth approximately $133,000. If you are reading this news story on another publication, it was copied illegally and republished in violation of worldwide trademark & copyright legislation. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & global copyright & trademark laws.

Rand Logistics, Inc.is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company's principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE