News headlines about Navios Maritime (NYSE:NM) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Navios Maritime earned a news impact score of 0.24 on Accern’s scale. Accern also assigned media coverage about the shipping company an impact score of 45.1590560082195 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Navios Maritime (NM) traded up $0.05 during mid-day trading on Friday, reaching $1.41. 664,716 shares of the company traded hands, compared to its average volume of 660,505. The stock has a market cap of $159.30, a P/E ratio of -1.74 and a beta of 2.89. Navios Maritime has a 52 week low of $0.95 and a 52 week high of $2.26. 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 (NYSE:NM) last posted its quarterly earnings results on Tuesday, November 21st. The shipping company reported ($0.26) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.04). The company had revenue of $120.60 million during the quarter, compared to analysts’ expectations of $138.00 million. Navios Maritime had a negative return on equity of 17.18% and a negative net margin of 21.39%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business earned ($0.25) EPS.
Several equities research analysts have recently weighed in on NM shares. Zacks Investment Research raised shares of Navios Maritime from a “hold” rating to a “buy” rating and set a $2.00 target price on the stock in a research note on Tuesday, October 31st. Jefferies Group assumed coverage on shares of Navios Maritime in a research note on Monday, December 18th. They issued a “buy” rating and a $2.00 target price on the stock. Clarkson Capital downgraded shares of Navios Maritime from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. Finally, ValuEngine downgraded shares of Navios Maritime from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $1.58.
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Navios Maritime 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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