News stories about Navios Maritime Holdings (NYSE:NM) have been trending negative recently, according to AlphaOne. The research firm, a service of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Navios Maritime Holdings earned a news sentiment score of -0.39 on AlphaOne’s scale. AlphaOne also assigned news headlines about the shipping company an impact score of 66 out of 100, meaning that recent news coverage is likely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted AlphaOne Sentiment’s rankings:
Navios Maritime Holdings (NYSE:NM) opened at 1.54 on Friday. The stock’s market capitalization is $173.45 million. Navios Maritime Holdings has a 12 month low of $0.57 and a 12 month high of $2.40. The company has a 50 day moving average price of $1.77 and a 200 day moving average price of $1.65.
Navios Maritime Holdings (NYSE:NM) last released its quarterly earnings data on Wednesday, February 22nd. The shipping company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by $0.01. Navios Maritime Holdings had a negative net margin of 31.91% and a negative return on equity of 8.83%. The business had revenue of $99.50 million during the quarter, compared to analyst estimates of $111.75 million. During the same period in the previous year, the firm posted ($0.30) EPS. The firm’s revenue for the quarter was down 11.0% on a year-over-year basis. Equities research analysts predict that Navios Maritime Holdings will post ($0.94) earnings per share for the current year.
A number of equities research analysts have commented on NM shares. Zacks Investment Research upgraded Navios Maritime Holdings from a “hold” rating to a “buy” rating and set a $2.00 target price on the stock in a report on Wednesday, April 26th. Credit Suisse Group AG reiterated a “neutral” rating on shares of Navios Maritime Holdings in a report on Wednesday, February 22nd.
Navios Maritime Holdings 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.