Press coverage about Navios Maritime (NYSE:NM) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Navios Maritime earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the shipping company an impact score of 45.9463748360477 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several equities analysts recently issued reports on NM shares. Zacks Investment Research upgraded shares of Navios Maritime from a “sell” rating to a “hold” rating in a report on Friday, September 15th. Clarkson Capital lowered shares of Navios Maritime from a “buy” rating to a “neutral” rating in a report on Tuesday, October 17th. ValuEngine lowered shares of Navios Maritime from a “sell” rating to a “strong sell” rating in a report on Tuesday, November 14th. Finally, Jefferies Group started coverage on shares of Navios Maritime in a report on Monday, December 18th. They set a “buy” rating and a $2.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $1.58.
Navios Maritime (NYSE:NM) traded down $0.04 on Wednesday, hitting $1.34. 461,812 shares of the company were exchanged, compared to its average volume of 669,244. 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 12 month low of $0.95 and a 12 month high of $2.26. The firm has a market cap of $160.19, a price-to-earnings ratio of -0.47 and a beta of 2.89.
Navios Maritime (NYSE:NM) last issued its quarterly earnings data on Tuesday, November 21st. The shipping company reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.04). Navios Maritime had a negative return on equity of 17.18% and a negative net margin of 21.39%. The firm had revenue of $120.60 million during the quarter, compared to the consensus estimate of $138.00 million. During the same period in the previous year, the company posted ($0.25) earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. sell-side analysts predict 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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