Media headlines about Navios Maritime Midstream Partners (NYSE:NAP) have trended somewhat positive on Saturday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Navios Maritime Midstream Partners earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the shipping company an impact score of 45.145022322779 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Navios Maritime Midstream Partners (NAP) traded up $0.25 during mid-day trading on Friday, reaching $9.84. 185,593 shares of the company were exchanged, compared to its average volume of 143,763. The firm has a market cap of $210.76, a PE ratio of 12.78, a PEG ratio of 3.22 and a beta of 0.63. The company has a quick ratio of 12.24, a current ratio of 12.24 and a debt-to-equity ratio of 0.75. Navios Maritime Midstream Partners has a one year low of $6.55 and a one year high of $12.70.
Navios Maritime Midstream Partners (NYSE:NAP) last released its earnings results on Thursday, October 19th. The shipping company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). The company had revenue of $20.74 million during the quarter, compared to analyst estimates of $21.24 million. Navios Maritime Midstream Partners had a return on equity of 5.22% and a net margin of 16.83%. The firm’s revenue for the quarter was down 6.6% on a year-over-year basis. During the same quarter last year, the business earned $0.26 earnings per share. sell-side analysts anticipate that Navios Maritime Midstream Partners will post 0.69 earnings per share for the current year.
A number of brokerages have recently issued reports on NAP. ValuEngine downgraded shares of Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Citigroup lifted their price objective on shares of Navios Maritime Midstream Partners from $7.00 to $8.00 and gave the stock a “neutral” rating in a research report on Friday, October 20th. Finally, TheStreet raised shares of Navios Maritime Midstream Partners from a “d+” rating to a “c” rating in a research report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Navios Maritime Midstream Partners has a consensus rating of “Hold” and an average target price of $9.33.
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About Navios Maritime Midstream Partners
Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. 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.
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