Wall Street analysts expect Navigator Holdings Ltd. (NYSE: NVGS) Reports Current Quarter Sales of $ 95.82 Million, According to Zacks investment research. Two analysts provided estimates of Navigator’s revenue, with estimates ranging from $ 95.25 million to $ 96.38 million. Navigator recorded sales of $ 70.91 million in the same quarter of last year, which would indicate a positive growth rate of 35.1% year-over-year. The company is expected to announce its next quarterly results on Thursday, March 17.
According to Zacks, analysts expect Navigator to report annual sales of $ 302.31 million for the current fiscal year, with estimates ranging from $ 301.74 million to $ 302.88 million. For the next fiscal year, analysts expect the company to report revenue of $ 406.90 million, with estimates ranging from $ 382.59 million to $ 431.20 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research companies that provide coverage for Navigator.
Navigator (NYSE: NVGS) last released its quarterly earnings data on Monday, November 29. The shipping company reported earnings per share (EPS) of $ 0.10 for the quarter, beating the consensus estimate of $ 0.06 by $ 0.04 by Thomson Reuters. Navigator had a return on equity of 1.27% and a net margin of 3.64%. The company posted revenue of $ 85.97 million in the quarter, compared to a consensus estimate of $ 82.40 million. During the same period of the previous year, the company posted $ 0.03 in EPS.
Separately, Zacks investment research changed Navigator’s stock from a “sell” note to a “keep” note in a research note on Wednesday, December 29.
A number of large investors have recently changed their holdings of equities. Cubist Systematic Strategies LLC acquired a new position in Navigator in the 2nd quarter valued at $ 30,000. Hollow Brook Wealth Management LLC acquired a new equity interest in Navigator during the second quarter valued at approximately $ 110,000. Wexford Capital LP purchased a new position in Navigator during the second quarter valued at approximately $ 162,000. PDT Partners LLC increased its stake in Navigator by 10.9% during the 2nd quarter. PDT Partners LLC now owns 16,621 shares of the shipping company valued at $ 182,000 after purchasing an additional 1,635 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its stake in Navigator by 45.6% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 22,350 shares of the shipping company valued at $ 245,000 after purchasing an additional 7,000 shares in the last quarter.
Actions of NVGS open for $ 9.10 on Mondays. The stock has a fifty-day moving average of $ 8.87 and a two-hundred-day moving average of $ 9.07. The company has a debt to equity ratio of 0.72, a rapid ratio of 1.13 and a current ratio of 1.21. The company has a market cap of $ 508.64 million, a PE ratio of 41.37 and a beta of 2.25. Navigator has a fifty-two week low of $ 7.84 and a fifty-two week high of $ 12.46.
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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 gas and ammonia to energy companies, industrial users and commodity traders.
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