Global Hunter Securities Analysts Begin Coverage on Navios Maritime Holdings (NM)

By admin | 6 years ago

Equities research analysts at Global Hunter Securities started coverage on shares of Navios Maritime Holdings (NYSE: NM) in a research note issued to investors on Tuesday. The firm set a “buy” rating and a $5.00 price target on the stock.

Separately, analysts at Imperial Capital initiated coverage on shares of Navios Maritime Holdings in a research note to investors on Thursday, April 19th. They set an “outperform” rating and a $5.00 price target on the stock.

Shares of Navios Maritime Holdings traded down 1.21% during mid-day trading on Tuesday, hitting $3.26. Navios Maritime Holdings has a 52 week low of $2.88 and a 52 week high of $5.35. The company has a market cap of $333.9 million and a P/E ratio of 4.18.

Navios Maritime Holdings last announced its earnings results on Thursday, May 17th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.01. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, analysts predict that Navios Maritime Holdings will post $0.12 earnings per share next quarter.

Navios Maritime Holdings Inc. (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain.

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