Navios Maritime Partners L.P [NYSE: NMM] gained 0.44% on the last trading session, reaching $40.78 price per share at the time.
If compared to the average trading volume of 125.19K shares, NMM reached a trading volume of 111862 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Navios Maritime Partners L.P [NMM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NMM shares is $60.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NMM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Navios Maritime Partners L.P shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 21, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on April 27, 2022, representing the official price target for Navios Maritime Partners L.P stock. Previously, the target price had yet another raise to $15, while Jefferies analysts kept a Buy rating on NMM stock.
The Average True Range (ATR) for Navios Maritime Partners L.P is set at 1.26, with the Price to Sales ratio for NMM stock in the period of the last 12 months amounting to 0.90. The Price to Book ratio for the last quarter was 0.39, with the Price to Cash per share for the same quarter was set at 11.75. Price to Free Cash Flow for NMM in the course of the last twelve months was 3.52 with Quick ratio for the last quarter at 1.01.
Trading performance analysis for NMM stock
Navios Maritime Partners L.P [NMM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.40. With this latest performance, NMM shares gained by 1.37% in over the last four-week period, additionally sinking by -6.79% over the last 6 months – not to mention a drop of -13.49% in the past year of trading.
Navios Maritime Partners L.P [NMM]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Navios Maritime Partners L.P [NMM] shares currently have an operating margin of 32.47% and a Gross Margin at 66.23%. Navios Maritime Partners L.P’s Net Margin is presently recorded at 24.92%.
Return on Equity for this stock inclined to 6.00%, with Return on Assets sitting at 6.00%.
Navios Maritime Partners L.P [NMM]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NMM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Navios Maritime Partners L.P go to 7.14%.
An analysis of Institutional ownership at Navios Maritime Partners L.P [NMM]
There are presently around $32.78%, or 46.71%% of NMM stock, in the hands of institutional investors. The top three institutional holders of NMM stocks are: PILGRIM GLOBAL ADVISORS LLC with ownership of 4.86 million shares, which is approximately 16.111%. MAIN STREET FINANCIAL SOLUTIONS, LLC, holding 0.75 million shares of the stock with an approximate value of $$38.32 million in NMM stocks shares; and MAIN STREET FINANCIAL SOLUTIONS, LLC, currently with $$35.19 million in NMM stock with ownership which is approximately 2.2845%.
