ValuEngine Downgrades Navigator (NVGS) to Sell
Navigator (NYSE:NVGS) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.
Several other research firms have also issued reports on NVGS. Zacks Investment Research lowered shares of Navigator from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Morgan Stanley upgraded shares of Navigator from an “underweight” rating to an “equal weight” rating and set a $13.00 price target on the stock in a research report on Monday, February 12th. Maxim Group set a $17.00 price target on shares of Navigator and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Finally, Jefferies Group assumed coverage on shares of Navigator in a research report on Monday, December 18th. They issued a “buy” rating and a $15.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $13.60.
Navigator (NYSE NVGS) traded up $0.10 during midday trading on Thursday, reaching $11.10. 238,328 shares of the company’s stock traded hands, compared to its average volume of 211,064. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.77. The firm has a market cap of $616.40, a price-to-earnings ratio of 52.86, a price-to-earnings-growth ratio of 3.74 and a beta of 1.32. Navigator has a 52 week low of $7.00 and a 52 week high of $14.75.
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Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. As of December 31, 2016, it had 33 semi- or fully-refrigerated handysize liquefied gas carriers.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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