Breaking: Navigator Holdings (NYSE:NVGS) “Buy” Rating Reiterated by Analysts at Jefferies Today; The PT is $15.0

October 20, 2017 - By Adrian Mccoy

 Breaking: Navigator Holdings (NYSE:NVGS)

Navigator Holdings (NYSE:NVGS) Rating Reaffirmed

Investment analysts at Jefferies now has a $15.0 price target on Navigator Holdings (NYSE:NVGS). Jefferies and their recent price target means a potential upside of 34.53 % from the company’s current price. The rating has been released in an analyst report on Friday morning.

Navigator Holdings Ltd (NYSE:NVGS) Ratings Coverage

Among 4 analysts covering Navigator Holdings (NYSE:NVGS), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. Navigator Holdings has $23 highest and $8 lowest target. $14’s average target is 25.56% above currents $11.15 stock price. Navigator Holdings had 14 analyst reports since October 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, November 22 by Maxim Group. On Friday, July 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Navigator Holdings Ltd (NYSE:NVGS) has “Underweight” rating given on Monday, July 17 by Morgan Stanley. Jefferies maintained the stock with “Buy” rating in Monday, July 17 report. The stock of Navigator Holdings Ltd (NYSE:NVGS) earned “Buy” rating by Maxim Group on Tuesday, August 8. Maxim Group maintained Navigator Holdings Ltd (NYSE:NVGS) rating on Friday, May 5. Maxim Group has “Buy” rating and $17 target. Jefferies maintained the shares of NVGS in report on Wednesday, July 27 with “Buy” rating. On Thursday, July 13 the stock rating was maintained by Stifel Nicolaus with “Buy”. Jefferies maintained Navigator Holdings Ltd (NYSE:NVGS) rating on Friday, September 29. Jefferies has “Buy” rating and $15.0 target. On Monday, August 28 the stock rating was maintained by Jefferies with “Buy”.

About 84,922 shares traded. Navigator Holdings Ltd (NYSE:NVGS) has declined 42.82% since October 20, 2016 and is downtrending. It has underperformed by 59.52% the S&P500.

Analysts await Navigator Holdings Ltd (NYSE:NVGS) to report earnings on November, 6. They expect $0.03 EPS, down 75.00 % or $0.09 from last year’s $0.12 per share. NVGS’s profit will be $1.67 million for 92.92 P/E if the $0.03 EPS becomes a reality. After $0.04 actual EPS reported by Navigator Holdings Ltd for the previous quarter, Wall Street now forecasts -25.00 % negative EPS growth.

Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The company has market cap of $621.93 million. The Firm provides international and regional seaborne transportation services of liquefied petroleum gas , petrochemical gases and ammonia. It has a 32.56 P/E ratio. As of December 31, 2016, it had 33 semi- or fully-refrigerated handysize liquefied gas carriers.

More recent Navigator Holdings Ltd (NYSE:NVGS) news were published by: Prnewswire.com which released: “Navigator Holdings Ltd.: 2017 Annual General Meeting of Shareholders Results …” on September 13, 2017. Also Businesswire.com published the news titled: “Enterprise and Navigator Gas to Develop Ethylene Marine Export Terminal” on July 12, 2017. Fool.com‘s news article titled: “Here’s Why Navigator Holdings Ltd Stock Was Up 25% Last Month” with publication date: April 12, 2017 was also an interesting one.

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