Media headlines about Navios Maritime (NYSE:NM) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Navios Maritime earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the shipping company an impact score of 47.4085463645339 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts have recently commented on NM shares. Zacks Investment Research lowered Navios Maritime from a “hold” rating to a “sell” rating in a research note on Saturday, August 26th. ValuEngine lowered Navios Maritime from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 14th. Finally, Clarkson Capital downgraded shares of Navios Maritime from a “buy” rating to a “neutral” rating in a report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $1.63.
Shares of Navios Maritime (NYSE NM) remained flat at $$1.27 during trading on Friday. The company’s stock had a trading volume of 294,783 shares, compared to its average volume of 639,772. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 2.32. Navios Maritime has a 1 year low of $0.95 and a 1 year high of $2.26.
Navios Maritime (NYSE:NM) last issued its earnings results on Tuesday, November 21st. The shipping company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.04). The firm had revenue of $120.60 million during the quarter, compared to the consensus estimate of $138.00 million. Navios Maritime had a negative return on equity of 17.18% and a negative net margin of 21.39%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.25) EPS. analysts expect that Navios Maritime will post -1.1 earnings per share for the current fiscal year.
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About Navios Maritime
Navios Maritime Holdings Inc (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. It operates through two segments: the Dry bulk Vessel Operations and the Logistics Business.
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