Navios Maritime Holdings (NM) Getting Somewhat Positive Press Coverage, Analysis Finds
Press coverage about Navios Maritime Holdings (NYSE:NM) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 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 Holdings earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the shipping company an impact score of 46.0771061564244 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Navios Maritime Holdings (NYSE NM) opened at 1.65 on Tuesday. The firm has a 50-day moving average price of $1.44 and a 200 day moving average price of $1.47. The company’s market cap is $191.48 million. Navios Maritime Holdings has a 12 month low of $0.95 and a 12 month high of $2.40.
Navios Maritime Holdings (NYSE:NM) last announced its earnings results on Tuesday, August 22nd. The shipping company reported ($0.26) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.30) by $0.04. The firm had revenue of $118.60 million during the quarter, compared to analysts’ expectations of $114.27 million. Navios Maritime Holdings had a negative return on equity of 14.37% and a negative net margin of 22.05%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.29) EPS. Equities analysts predict that Navios Maritime Holdings will post ($0.94) earnings per share for the current year.
Several brokerages have weighed in on NM. Zacks Investment Research upgraded Navios Maritime Holdings from a “sell” rating to a “hold” rating in a research report on Friday. ValuEngine downgraded Navios Maritime Holdings from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, Citigroup Inc. lowered their price objective on Navios Maritime Holdings from $1.50 to $1.25 and set a “sell” rating for the company in a research report on Thursday, May 25th.
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Navios Maritime Holdings Company Profile
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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