Navigator Holdings Ltd. (NVGS) concluded trading on 01/19/23 at a closing price of $12.08, with 0.16 million shares of worth about $1.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.66% during that period and on Thursday the price saw a loss of about -0.66%. Currently the company’s common shares owned by public are about 77.26M shares, out of which, 33.47M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 4 analysts are covering the NVGS stock and their offered price forecasts bring an average price target of $17.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $19.00 and could fall to a lowest price of $15.00. The stock’s current price level is 27.23% above of average price target set by the analysts, while a rise to estimated low would result in gain of 19.47% for the stock. However, touching the estimated high of $19.00 would mean a gain of 36.42% for the stock.
Top 5 Undervalued Stocks To Own In 2023
Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.
Click here to download your Free Research Report…
Sponsored
Royce Small-Cap Opportunity Fund, 1290 VT GAMCO Small Company Value, and Legg Mason Global Funds Plc – Roy are the top 3 mutual funds which are holding stakes in Navigator Holdings Ltd. Royce Small-Cap Opportunity Fund is currently holding 0.55 million shares of worth totaling $6.61 million. The company recently came selling 10000.0 shares which brought its stake up to 0.72% of the company’s outstanding shares. Legg Mason Global Funds Plc – Roy, after selling 0.27 million shares, have now control over 0.35% of the stake in the company. It holds 18900.0 shares of worth $3.21 million.
Navigator Holdings Ltd. (NYSE: NVGS) started trading at $12.02, below -$0.14 from concluding price of the previous day. However, the stock later moved at a day high price of 12.13, or with a loss of -0.66%. Stock saw a price change of 1.17% in past 5 days and over the past one month there was a price change of 1.09%. Year-to-date (YTD), NVGS shares are showing a performance of 1.00% which increased to 30.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.25 but also hit the highest price of $15.21 during that period. The average intraday trading volume for Navigator Holdings Ltd. shares is 169.47K. The stock is currently trading 2.54% above its 20-day simple moving average (SMA20), while that difference is down -0.03% for SMA50 and it goes to -0.39% lower than SMA200.
Navigator Holdings Ltd. (NYSE: NVGS) currently have 77.26M outstanding shares and institutions hold larger chunk of about 19.00% of that. Holding of mutual funds in the company is about 15.77% while other institutional holders and individual stake holders have control over 3.22% and — of the stake respectively.
The stock has a current market capitalization of $927.14M and its 3Y-monthly beta is at 1.64. PE ratio of stock for trailing 12 months is 355.29, while it has posted earnings per share of $0.03 in the same period. Its PEG reads 39.48 and has Quick Ratio of 0.90 while making debt-to-equity ratio of 0.69. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NVGS, volatility over the week remained 3.63% while standing at 3.31% over the month.
Analysts are in expectations that Navigator Holdings Ltd. (NVGS) stock would likely to be making an EPS of $0.18 in the current quarter, while forecast for next quarter EPS is $0.24 and it is $1.12 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.13 which is $0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.1 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 51.20% while it is estimated to increase by 58.59% in next year. EPS is likely to grow at an annualized rate of 9.00% for next 5-years, compared to annual growth of -21.00% made by the stock over the past 5-years.
Analysts at 4 brokerage firms have issued recommendations for the Navigator Holdings Ltd. (NVGS)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.20. Out of those 4 Wall Street analysts, 4 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on July 21, 2022 offering a Buy rating for the stock and assigned a target price of $15 to it. Coverage by Jefferies stated Navigator Holdings Ltd. (NVGS) stock as a Buy in their note to investors on April 27, 2022, suggesting a price target of $17 for the stock. Stock get an Outperform rating from Wells Fargo on July 25, 2019.
