Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Navios Maritime (NM) Stock Price

Headlines about Navios Maritime (NYSE:NM) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Navios Maritime earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 43.6568126847622 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several equities research analysts have weighed in on NM shares. ValuEngine raised Navios Maritime from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. Zacks Investment Research raised Navios Maritime from a “sell” rating to a “hold” rating in a research note on Tuesday, May 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Navios Maritime presently has an average rating of “Hold” and an average target price of $1.75.

Shares of Navios Maritime traded down $0.01, reaching $0.87, during mid-day trading on Friday, according to MarketBeat. 290,997 shares of the company’s stock traded hands, compared to its average volume of 335,421. Navios Maritime has a 12 month low of $0.68 and a 12 month high of $1.90. The stock has a market cap of $102.84 million, a price-to-earnings ratio of -0.86 and a beta of 2.74. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.90 and a current ratio of 1.02.

Navios Maritime (NYSE:NM) last posted its earnings results on Tuesday, May 15th. The shipping company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.04). The company had revenue of $116.88 million for the quarter, compared to analysts’ expectations of $128.39 million. Navios Maritime had a negative return on equity of 16.02% and a negative net margin of 33.99%. analysts predict that Navios Maritime will post -0.86 earnings per share for the current fiscal year.

Navios Maritime Company Profile

Navios Maritime Holdings Inc operates as a seaborne shipping and logistics company in North America, Europe, Asia, South America, and internationally. The company focuses on the transportation and transshipment of dry bulk commodities, including iron ores, coal, and grains. It operates through two segments, Dry Bulk Vessel Operations and Logistics Business.

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