Stock analysts predict that Navigator Holdings Ltd. (NYSE:NVGS) will report earnings of $0.25 per share for the current quarter, Zacks Investment Research reports. Two analysts provided Navigator earnings estimates, with the lowest EPS estimate of $0.23 and the highest estimate of $0.26. Navigator posted earnings of $0.04 per share in the same quarter last year, indicating a positive growth rate of 525% year over year. The company is expected to announce its next quarterly earnings report on Thursday, March 17.
According to Zacks, analysts expect Navigator to report annual earnings of $0.42 per share for the current fiscal year, with EPS estimates ranging from $0.39 to $0.44. For next year, analysts expect the company to post earnings of $1.38 per share, with EPS estimates ranging from $1.16 to $1.59. Zacks’ earnings per share calculations are an average based on a survey of research companies that cover 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 Thomson Reuters consensus estimate of $0.06 by $0.04. The company posted revenue of $85.97 million in the quarter, versus a consensus estimate of $82.40 million. Navigator had a return on equity of 1.27% and a net margin of 3.64%. During the same period of the previous year, the company posted an EPS of $0.03.
Separately, Zacks Investment Research upgraded Navigator’s shares from a “sell” rating to a “hold” rating in a Wednesday, Dec. 29 research note.
Hedge funds have recently increased or reduced their stakes in the company. Gagnon Securities LLC increased its equity stake in Navigator by 9.6% during the 4th quarter. Gagnon Securities LLC now owns 1,985,578 shares of the shipping company valued at $17,612,000 after purchasing an additional 174,499 shares last quarter. Steinberg Asset Management LLC increased its equity stake in Navigator by 1.5% during the 4th quarter. Steinberg Asset Management LLC now owns 1,296,762 shares of the shipping company valued at $11,502,000 after buying an additional 19,299 shares last quarter. Gagnon Advisors LLC increased its equity stake in Navigator by 12.2% during the 4th quarter. Gagnon Advisors LLC now owns 1,092,564 shares of the shipping company valued at $9,691,000 after buying an additional 118,783 shares last quarter. First Manhattan Co. increased its stake in Navigator by 2.9% in the third quarter. First Manhattan Co. now owns 850,624 shares of the shipping company valued at $7,570,000 after buying an additional 23,841 shares in the last quarter. Finally, Gamco Investors INC. ET AL increased its stake in Navigator by 18.9% in the 4th quarter. Gamco Investors Inc. ET AL now owns 512,001 shares of the shipping company valued at $4,541,000 after buying an additional 81,500 shares in the last quarter.
Shares of Browser Stock opened at $10.24 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt ratio of 0.72. The company has a fifty-day moving average price of $9.15 and a 200-day moving average price of $8.92. The stock has a market capitalization of $572.35 million, a price-earnings ratio of 46.55 and a beta of 2.25. Navigator has a 12-month low of $7.84 and a 12-month 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 gases and ammonia for energy companies, industrial users and commodity traders.
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