Wall Street brokerages predict that Navigator Holdings Ltd (NYSE:NVGS) will post $0.02 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Navigator’s earnings. The highest EPS estimate is $0.05 and the lowest is ($0.01). Navigator posted earnings of ($0.02) per share in the same quarter last year, which would suggest a positive year over year growth rate of 200%. The firm is expected to issue its next earnings results on Wednesday, November 14th.

On average, analysts expect that Navigator will report full-year earnings of $0.09 per share for the current year, with EPS estimates ranging from $0.01 to $0.21. For the next fiscal year, analysts anticipate that the business will post earnings of $0.68 per share, with EPS estimates ranging from $0.34 to $0.98. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow Navigator.

Navigator (NYSE:NVGS) last posted its quarterly earnings results on Monday, August 6th. The shipping company reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.09). The company had revenue of $73.20 million during the quarter, compared to analyst estimates of $62.32 million. Navigator had a negative return on equity of 0.22% and a negative net margin of 0.72%. The company’s revenue was down 1.6% compared to the same quarter last year. During the same period last year, the company posted $0.04 earnings per share.

Several equities analysts have commented on NVGS shares. ValuEngine raised shares of Navigator from a “hold” rating to a “buy” rating in a research report on Friday, August 10th. Zacks Investment Research downgraded shares of Navigator from a “hold” rating to a “strong sell” rating in a research report on Saturday, July 28th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $15.00.

Navigator stock opened at $12.10 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.85 and a current ratio of 0.91. The firm has a market cap of $667.88 million, a price-to-earnings ratio of 75.63, a price-to-earnings-growth ratio of 15.69 and a beta of 1.18. Navigator has a one year low of $9.25 and a one year high of $13.55.

A number of institutional investors have recently bought and sold shares of NVGS. Wells Fargo & Company MN increased its position in Navigator by 18.1% during the first quarter. Wells Fargo & Company MN now owns 1,168,907 shares of the shipping company’s stock worth $13,734,000 after buying an additional 179,316 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Navigator by 2.4% in the first quarter. Oppenheimer & Co. Inc. now owns 1,577,539 shares of the shipping company’s stock valued at $18,536,000 after purchasing an additional 37,460 shares during the last quarter. Frontier Capital Management Co. LLC grew its position in shares of Navigator by 34.1% in the first quarter. Frontier Capital Management Co. LLC now owns 916,118 shares of the shipping company’s stock valued at $10,764,000 after purchasing an additional 233,178 shares during the last quarter. BancorpSouth Bank acquired a new stake in shares of Navigator in the first quarter valued at about $411,000. Finally, Frontier Investment Mgmt Co. grew its position in shares of Navigator by 42.8% in the first quarter. Frontier Investment Mgmt Co. now owns 357,461 shares of the shipping company’s stock valued at $4,200,000 after purchasing an additional 107,199 shares during the last quarter. 68.43% of the stock is currently owned by hedge funds and other institutional investors.

Navigator Company Profile

Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. The company provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. As of December 31, 2017, it owned and operated a fleet of 38 vessels.

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