Stock Price & Analysis

NVGS

0.000

0.000(0%)6M

NVGS Stock Price Chart

YTD

NVGS Key Stats

High

13.930

Vol

302.61K

Low

13.550

Amount

4.16M

Open

13.680

VWAP

13.74

Mkt Cap

957.76M

EV/EBITDA(TTM)

6.00

NVGS Company Profile

Navigator Holdings Ltd. is a United Kingdom-based owner and operator of liquefied gas carriers. The Company is engaged in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (LPG) and ammonia. It also owns a 50% share in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, United States. The Company’s fleet consists of 56 semi-or fully refrigerated liquefied gas carriers, 25 of which are ethylene and ethane capable. The Company plays a role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders with its vessels. Its services include Maritime Logistics, Ship Shore Infrastructure and Consultancy, New Trends. It unlocks the possibilities of participating in global trade flows of liquefied gases, including propane, butane, ethane and petrochemical gases, such as ethylene, propylene and butadiene, and ammonia.

NVGS Technical Analysis

Instant technical analysis with one click on any asset

NVGS Why It Moves

Find out the reasons behind the current stock movement

Should I Buy NVGS

AI-powered analysis to guide your buy, sell, or hold decision for this stock

NVGS News Sentiment

AI uncovers potential trading opportunities based on news sentiment

NVGS Technical Analysis

Instant technical analysis with one click on any asset

NVGS Why It Moves

Find out the reasons behind the current stock movement

Should I Buy NVGS

AI-powered analysis to guide your buy, sell, or hold decision for this stock

NVGS News Sentiment

AI uncovers potential trading opportunities based on news sentiment

NVGS Fundamental Analysis

buy

Moderate Buy

Buy

Hold

Sell

High

24.00

Averages

22.50

Low

21.00

Analyst

Rating

Action

Price Target

Date

Rating Reason

Jefferies

Omar Nokta

Strong Buy

Maintains

$20

2024-11-22

Jefferies

Omar Nokta

Strong Buy

Maintains

$20

2024-11-07

Alliance Global Partners

Poe Fratt

Strong Buy

Initiates

$24

2024-10-28

Alliance

Jefferies

Omar Nokta

Strong Buy

Maintains

$20

2024-08-15

Citigroup

Spiro Dounis

Strong Buy

Initiates

$22

2024-07-31

Analyst	Rating	Action	Price Target	Date	Rating Reason

Jefferies Omar Nokta	Strong Buy	Maintains	$20	2024-11-22
Jefferies Omar Nokta	Strong Buy	Maintains	$20	2024-11-07
Alliance Global Partners Poe Fratt	Strong Buy	Initiates	$24	2024-10-28	Alliance
Jefferies Omar Nokta	Strong Buy	Maintains	$20	2024-08-15
Citigroup Spiro Dounis	Strong Buy	Initiates	$22	2024-07-31

NVGS Earnings Analysis

NAVIGATOR HOLDINGS LTD. Corporation (NVGS.N) Q3 2024 Earnings Conference Call

Positive

Revenue Increase Driven by TCE: In Q3 2024, we generated more revenues, up 3% compared to the same period, driven by a higher TCE rate.
Q3 Adjusted EBITDA Decline: Adjusted EBITDA for Q3 came in at $68 million, slightly below the $72 million earned in the seasonally strong Q3 of last year.
Strong Balance Sheet Position: The balance sheet is strong with a robust cash position even after we repaid on our debt facilities and continued deploying capital into our Ethylene Terminal expansion.
Capital Return Strategy: The return of capital continued in Q3 with both the $0.05 fixed dividend and the share buyback up to and in combination 25% of net income.
Bond Issuance Highlights: In October, we issued $100 million of new unsecured bonds at 7.25%, including the tightest spread of any dollar-denominated shipping bond issue in the Nordic markets since 2008.

Negative

Q3 Adjusted EBITDA Performance: Adjusted EBITDA for Q3 came in at $67.7 million, slightly below the $72 million earned in the seasonally strong Q3 of last year.
Ethylene Terminal Volume Decline: The Ethylene Terminal throughput volumes in Q3 were significantly down at 122,000 tons for the quarter, caused by Hurricane Beryl and the following disruption to ethylene production and inventory levels.
Vessel Operating Expenses Update: Vessel operating expenses were slightly up at $43.5 million compared to the third quarter of 2023, but flat compared to the second quarter of 2024.
Net Income Overview: In the third quarter of 2024, net income attributable to stockholders of Navigator Holdings Limited was $18.2 million, with a basic earnings per share of $0.26, and adjusted net income, which excludes unrealized gains and losses on derivative instruments and foreign currency, being $20.1 million or $0.29 per share.
Quarterly Loss Comparison: The company reported a further loss in the third quarter of $5.2 million against a loss in the second quarter of 2024 of $1.6 million and a loss of $1 million in the third quarter of 2023.

Positive

Revenue Increase Driven by TCE: In Q3 2024, we generated more revenues, up 3% compared to the same period, driven by a higher TCE rate.
Q3 Adjusted EBITDA Decline: Adjusted EBITDA for Q3 came in at $68 million, slightly below the $72 million earned in the seasonally strong Q3 of last year.
Strong Balance Sheet Position: The balance sheet is strong with a robust cash position even after we repaid on our debt facilities and continued deploying capital into our Ethylene Terminal expansion.
Capital Return Strategy: The return of capital continued in Q3 with both the $0.05 fixed dividend and the share buyback up to and in combination 25% of net income.
Bond Issuance Highlights: In October, we issued $100 million of new unsecured bonds at 7.25%, including the tightest spread of any dollar-denominated shipping bond issue in the Nordic markets since 2008.

Negative

Q3 Adjusted EBITDA Performance: Adjusted EBITDA for Q3 came in at $67.7 million, slightly below the $72 million earned in the seasonally strong Q3 of last year.
Ethylene Terminal Volume Decline: The Ethylene Terminal throughput volumes in Q3 were significantly down at 122,000 tons for the quarter, caused by Hurricane Beryl and the following disruption to ethylene production and inventory levels.
Vessel Operating Expenses Update: Vessel operating expenses were slightly up at $43.5 million compared to the third quarter of 2023, but flat compared to the second quarter of 2024.
Net Income Overview: In the third quarter of 2024, net income attributable to stockholders of Navigator Holdings Limited was $18.2 million, with a basic earnings per share of $0.26, and adjusted net income, which excludes unrealized gains and losses on derivative instruments and foreign currency, being $20.1 million or $0.29 per share.
Quarterly Loss Comparison: The company reported a further loss in the third quarter of $5.2 million against a loss in the second quarter of 2024 of $1.6 million and a loss of $1 million in the third quarter of 2023.

NVGS News

1.0

03-10Newsfilter

Gas & Tankers Shipping Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City

1.0

03-10Globenewswire

Gas & Tankers Shipping Industry Leaders Presenting at Capital Link’s 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City

1.0

02-25Globenewswire

Industry Leaders Presenting at Capital Link’s 19th Annual International Shipping Forum - Monday March 31, 2025, New York City

8.5

01-07Newsfilter

Navigator Gas Announces Completion of Morgan's Point Ethylene Export Terminal Expansion and Acquisition of Three Handysize Liquefied Ethylene Gas Carriers

1.0

01-06Newsfilter

Shipping: State of Play & What Lies Ahead