Navios Maritime Partners L.P. (NMM): 0 analysts rated it as Buy


Navios Maritime Partners L.P. (NYSE:NMM) changes shares on Tuesday trading session, with a change of -0.93% or -$0.06 shares. The trading starts at $6.33 and closed at $6.45 throughout the day. The trading session low price was $6.22 and day high was $6.62 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 0.13 million while its average volume is 114.61K. In other hand, the NMM market cap reached to $75.79M. While, its current target price is $10.00.

On February 10, 2020, BRIEF-Navios Maritime Partners Reports Q4 Loss Per Share Of $5.72. According to the news reported on Reuters, * NAVIOS MARITIME PARTNERS L.P. REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2019

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -23.56% and down -36.86% for month. Its quarterly performance was -13.41% below, while its half year performance is down -46.88%. NMM yearly performance stood at negative -58.24% and fall -65.68% for year-to-date. Current recommendation for Navios Maritime Partners L.P. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NMM EPS (TTM) for 12-month is -5.74. EPS for this year is -374.50%, while for the next year its value is 5.27. It has an EPS of -19.20% down for past five years and for the next five years will be up 33.08%.

Let’s take a look on the analyst recommendations on NMM for the current month and previous month. For the current month, 0 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $6.00 – $15.00. Average target price for NMM was reached at $10.00.

The insider ownership moved to 8.90% and institutional holding shifted to 8.00%.

The company posted an EPS (TTM) of -5.74. According to the most recent quarter report on (Sep 2020), 2 analysts estimated an average EPS of 0.56, while 1.67 EPS posted a year ago period. Analyst Estimated EPS for NMM published in the report was $0.15 – $0.96 during the same period. Comparing with last year, the average estimated EPS was 1.67 which is higher than -0.71 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NMM fall -44.34% for period of 200 days. SMA for 50 days was -22.29% which is showing red signal, while SMA-20 was -24.44%. The moving average value for Navios Maritime Partners L.P. (NMM) is 8.23 and 8.69 for 200 and 50 days respectively.