Price Action To Observe: Is Navigator Holdings Ltd a Buy? The Stock Rises Again

Price Action To Observe: Is Navigator Holdings Ltd a Buy? The Stock Rises Again

The stock of Navigator Holdings Ltd (NYSE:NVGS) is a huge mover today! About 221,313 shares traded hands. Navigator Holdings Ltd (NYSE:NVGS) has declined 58.87% since March 2, 2016 and is downtrending. It has underperformed by 67.13% the S&P500.
The move comes after 9 months positive chart setup for the $391.61M company. It was reported on Oct, 5 by Barchart.com. We have $12.25 PT which if reached, will make NYSE:NVGS worth $238.88 million more.

Analysts await Navigator Holdings Ltd (NYSE:NVGS) to report earnings on November, 8. They expect $0.17 EPS, down 58.54% or $0.24 from last year’s $0.41 per share. NVGS’s profit will be $8.75M for 11.19 P/E if the $0.17 EPS becomes a reality. After $0.20 actual EPS reported by Navigator Holdings Ltd for the previous quarter, Wall Street now forecasts -15.00% negative EPS growth.

Navigator Holdings Ltd (NYSE:NVGS) Ratings Coverage

Out of 3 analysts covering Navigator Holdings (NYSE:NVGS), 2 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 67% are positive. Navigator Holdings has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained Navigator Holdings Ltd (NYSE:NVGS) rating on Friday, July 22. Stifel Nicolaus has “Buy” rating and $18 price target. As per Wednesday, July 27, the company rating was maintained by Jefferies. The rating was downgraded by Morgan Stanley on Thursday, August 25 to “Underweight”.

According to Zacks Investment Research, “Navigator Holdings Ltd. provides international seaborne transportation and regional distribution services of liquefied petroleum gas, petrochemical gases and ammonia for energy companies, industrial users and commodity traders. Navigator Holdings Ltd. is based in London, the United Kingdom.”

More important recent Navigator Holdings Ltd (NYSE:NVGS) news were published by: Prnewswire.com which released: “Navigator Holdings Ltd. Preliminary second Quarter 2016 Results” on August 08, 2016, also Quotes.Wsj.com published article titled: “News Navigator Holdings Ltd.NVGS”, Fool.com published: “Here’s Why Navigator Holdings Ltd. Stock Dropped 18% in September” on October 07, 2015. More interesting news about Navigator Holdings Ltd (NYSE:NVGS) was released by: Prnewswire.com and their article: “Navigator Holdings Ltd. Announces Date for the Release of Second Quarter 2016 …” with publication date: August 03, 2016.

NVGS Company Profile

Navigator Holdings Ltd., incorporated on February 4, 1997, is an owner and operator of a fleet of handysize liquefied gas carriers. The Firm provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. The Company’s fleet consists of over 40 vessels, including eight newbuilding vessels. The Firm carries LPG for various international energy companies, state-owned utilities and reputable commodities traders. It also carries petrochemical gases for industrial users. The Company’s vessels also carry ammonia for both ammonia traders and producers of fertilizers.

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