Somewhat Positive Media Coverage Somewhat Unlikely to Affect Navios Maritime Holdings (NM) Stock Price

Media coverage about Navios Maritime Holdings (NYSE:NM) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Navios Maritime Holdings earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 46.4554905317915 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news stories that may have impacted Accern’s analysis:

Shares of Navios Maritime Holdings (NYSE NM) opened at 1.68 on Wednesday. Navios Maritime Holdings has a one year low of $0.95 and a one year high of $2.40. The company’s market capitalization is $194.97 million. The company has a 50-day moving average price of $1.37 and a 200 day moving average price of $1.47.

Navios Maritime Holdings (NYSE:NM) last announced its quarterly earnings results on Tuesday, August 22nd. The shipping company reported ($0.26) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.30) by $0.04. The business had revenue of $118.60 million for the quarter, compared to analysts’ expectations of $114.27 million. Navios Maritime Holdings had a negative return on equity of 14.37% and a negative net margin of 22.05%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.29) EPS. Equities analysts anticipate that Navios Maritime Holdings will post ($0.94) EPS for the current year.

NM has been the topic of several analyst reports. ValuEngine upgraded Navios Maritime Holdings from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Citigroup Inc. reduced their target price on Navios Maritime Holdings from $1.50 to $1.25 and set a “sell” rating on the stock in a report on Thursday, May 25th. Finally, Zacks Investment Research cut Navios Maritime Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 26th.

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Navios Maritime Holdings Company Profile

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.

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