Earnings and Growth Analysis : Navigator (NYSE:NVGS)

Earnings results for Navigator (NYSE:NVGS)

Navigator Holdings Ltd. is expected* to report earnings on 08/16/2021 after market close. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.13. The reported EPS for the same quarter last year was $0.01.

Navigator last released its quarterly earnings results on June 9th, 2021. The shipping company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.01. The firm had revenue of $70.13 million for the quarter, compared to the consensus estimate of $66.65 million. Navigator has generated ($0.02) earnings per share over the last year ($0.19 diluted earnings per share) and currently has a price-to-earnings ratio of 48.7. Earnings for Navigator are expected to grow by 52.59% in the coming year, from $1.16 to $1.77 per share. Navigator has confirmed that its next quarterly earnings report will be published on Monday, August 16th, 2021. Navigator will be holding an earnings conference call on Tuesday, August 17th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Navigator (NYSE:NVGS)

2 Wall Street analysts have issued ratings and price targets for Navigator in the last 12 months. Their average twelve-month price target is $14.50, predicting that the stock has a possible upside of 56.76%. The high price target for NVGS is $15.00 and the low price target for NVGS is $14.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Navigator has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $14.50, Navigator has a forecasted upside of 56.8% from its current price of $9.25. Navigator has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Navigator (NYSE:NVGS)

Navigator does not currently pay a dividend. Navigator does not have a long track record of dividend growth.

Insiders buying/selling: Navigator (NYSE:NVGS)

In the past three months, Navigator insiders have not sold or bought any company stock. Only 26.67% of the stock of Navigator is held by institutions.

Earnings and Valuation of Navigator (NYSE:NVGS

Earnings for Navigator are expected to grow by 52.59% in the coming year, from $1.16 to $1.77 per share. The P/E ratio of Navigator is 48.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.61. The P/E ratio of Navigator is 48.69, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 56.21. Navigator has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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