$96.47 million in expected sales for Navigator Holdings Ltd. (NYSE: NVGS) this quarter

Equity research analysts expect Navigator Holdings Ltd. (NYSE:NVGS) Reports Current Quarter Revenue of $96.47 Million, Zacks reports. Two analysts provided Navigator earnings estimates, with the lowest sales estimate at $96.38 million and the highest estimate at $96.55 million. Navigator posted sales of $70.91 million in the same quarter last year, suggesting a positive year-over-year growth rate of 36%. The company is due to release its next quarterly earnings report on Thursday, March 17.

On average, analysts expect Navigator to report sales of $302.96 million for the current year, with estimates ranging from $302.88 million to $303.05 million. For next year, analysts expect the company to record sales of $403.13 million, with estimates ranging from $382.59 million to $423.66 million. Zacks sales averages are an average based on a survey of sell-side analysts who follow Navigator.

Navigator (NYSE:NVGS) last reported its quarterly results on Monday, November 29. The shipping company reported EPS of $0.10 for the quarter, beating analyst consensus estimates of $0.06 by $0.04. The company posted revenue of $85.97 million in the quarter, compared to $82.40 million expected by analysts. Navigator had a net margin of 3.64% and a return on equity of 1.27%. In the same quarter last year, the company earned $0.03 per share.

Separately, Zacks Investment Research upgraded Navigator’s shares from a “sell” rating to a “hold” rating in a Wednesday, Dec. 29 research note.

A number of hedge funds have been buying and selling stocks recently. Virtu Financial LLC bought a new position in Navigator in Q4 worth around $165,000. Stifel Financial Corp increased its holdings in Navigator by 0.9% during the fourth quarter. Stifel Financial Corp now owns 121,880 shares of the shipping company worth $1,081,000 after acquiring an additional 1,051 shares during the period. Marshall Wace LLP increased its stake in Navigator by 20.9% during the fourth quarter. Marshall Wace LLP now owns 68,526 shares of the shipping company worth $608,000 after acquiring an additional 11,841 shares during the period. Millennium Management LLC increased its stake in Navigator by 5.0% during the 4th quarter. Millennium Management LLC now owns 34,693 shares of the shipping company worth $308,000 after acquiring an additional 1,647 shares during the period. Finally, DE Shaw & Co. Inc. increased its stake in Navigator by 114.4% during the 4th quarter. DE Shaw & Co. Inc. now owns 85,441 shares of the shipping company worth $758,000 after acquiring an additional 45,592 shares during the period.

(A d)

This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.

Take your trading to the next level with the Options Strategy Guide.

Shares of NVGS opened at $10.04 on Friday. The stock has a market capitalization of $561.18 million, a price/earnings ratio of 45.64 and a beta of 2.25. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt ratio of 0.72. Navigator has a 12 month minimum of $7.84 and a 12 month maximum of $12.46. The company has a 50-day moving average price of $9.15 and a two-hundred-day moving average price of $8.92.

About the browser

Navigator Holdings Ltd. owns and operates a fleet of conveniently sized liquefied gas carriers. It also provides international shipping and regional distribution services for liquefied petroleum gas, petrochemical gases and ammonia for energy companies, industrial users and commodity traders.

Featured articles

Get a Free Copy of Zacks Research Report on Navigator (NVGS)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Navigator right now?

Before you consider Navigator, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market ripples…and Navigator wasn’t on the list.

Although Navigator currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here