Navios Maritime Midstream Partners (NYSE:NAP) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b-” rating in a note issued to investors on Friday.
Several other analysts also recently commented on NAP. ValuEngine downgraded shares of Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a report on Friday. Citigroup upped their price objective on shares of Navios Maritime Midstream Partners from $7.00 to $8.00 and gave the company a “neutral” rating in a report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $8.00.
Shares of Navios Maritime Midstream Partners (NYSE NAP) opened at $10.09 on Friday. The firm has a market cap of $215.87, a P/E ratio of 14.41, a price-to-earnings-growth ratio of 3.08 and a beta of 0.66. Navios Maritime Midstream Partners has a 12-month low of $6.55 and a 12-month high of $12.35. The company has a debt-to-equity ratio of 0.75, a quick ratio of 12.24 and a current ratio of 12.24.
Navios Maritime Midstream Partners (NYSE:NAP) last released its earnings results on Wednesday, January 31st. The shipping company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). The company had revenue of $22.70 million for the quarter, compared to analysts’ expectations of $21.32 million. Navios Maritime Midstream Partners had a return on equity of 4.60% and a net margin of 14.73%. equities analysts expect that Navios Maritime Midstream Partners will post 0.82 earnings per share for the current year.
An institutional investor recently raised its position in Navios Maritime Midstream Partners stock. CS Mckee LP grew its holdings in Navios Maritime Midstream Partners LP (NYSE:NAP) by 33.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,900 shares of the shipping company’s stock after acquiring an additional 16,100 shares during the period. CS Mckee LP owned about 0.65% of Navios Maritime Midstream Partners worth $484,000 at the end of the most recent quarter. Institutional investors and hedge funds own 10.84% of the company’s stock.
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Navios Maritime Midstream Partners Company Profile
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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