News coverage about Navios Maritime Partners (NYSE:NMM) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Navios Maritime Partners earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the shipping company an impact score of 44.8028017204523 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Navios Maritime Partners from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. JPMorgan Chase & Co. downgraded shares of Navios Maritime Partners from an “overweight” rating to a “neutral” rating in a research report on Wednesday, January 17th. Jefferies Group assumed coverage on shares of Navios Maritime Partners in a research report on Monday, December 18th. They issued a “buy” rating and a $2.00 price target for the company. Citigroup upped their price target on shares of Navios Maritime Partners from $2.00 to $2.25 and gave the company a “neutral” rating in a research report on Thursday, November 16th. Finally, TheStreet upgraded shares of Navios Maritime Partners from a “d+” rating to a “c-” rating in a research report on Wednesday, November 15th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $2.19.
Shares of Navios Maritime Partners (NYSE:NMM) opened at $2.09 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $307.42 and a P/E ratio of 209.21. Navios Maritime Partners has a 12-month low of $1.45 and a 12-month high of $2.65.
Navios Maritime Partners (NYSE:NMM) last issued its quarterly earnings results on Tuesday, November 14th. The shipping company reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.02. Navios Maritime Partners had a net margin of 2.79% and a return on equity of 2.53%. The business had revenue of $59.95 million during the quarter, compared to the consensus estimate of $62.18 million. research analysts forecast that Navios Maritime Partners will post 0.07 earnings per share for the current year.
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Navios Maritime Partners Company Profile
Navios Maritime Partners L.P. is an international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain and fertilizer, and also containers, chartering its vessels under medium to long-term charters.
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