Media headlines about Navios Maritime (NYSE:NM) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Navios Maritime earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 46.0102654916905 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Navios Maritime (NYSE:NM) opened at $1.41 on Friday. Navios Maritime has a fifty-two week low of $0.95 and a fifty-two week high of $2.26. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.91 and a current ratio of 1.02.
Navios Maritime (NYSE:NM) last announced its earnings results on Tuesday, November 21st. The shipping company reported ($0.26) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.04). The business had revenue of $120.60 million for the quarter, compared to the consensus estimate of $138.00 million. Navios Maritime had a negative net margin of 21.39% and a negative return on equity of 17.18%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.25) EPS.
A number of research analysts have issued reports on NM shares. Zacks Investment Research raised shares of Navios Maritime from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. ValuEngine cut shares of Navios Maritime from a “sell” rating to a “strong sell” rating in a report on Tuesday, November 14th. Jefferies Group assumed coverage on shares of Navios Maritime in a report on Monday, December 18th. They set a “buy” rating and a $2.00 target price on the stock. Finally, Clarkson Capital cut shares of Navios Maritime from a “buy” rating to a “neutral” rating in a report on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $1.58.
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Navios Maritime 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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