Navigator (NYSE:NVGS) Shares Cross Above 50-Day Moving Average - What's Next?

Navigator Holdings Ltd. (NYSE:NVGS - Get Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $16.51 and traded as high as $18.07. Navigator shares last traded at $17.7280, with a volume of 540,809 shares changing hands.Wall Street Analyst Weigh InSeveral equities research analysts have issued reports on NVGS shares. Zacks Research raised shares of Navigator from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 25th. Wall Street Zen upgraded Navigator from a "hold" rating to a "buy" rating in a report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft began coverage on Navigator in a research note on Thursday, September 25th. They issued a "buy" rating and a $24.00 price objective on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Navigator in a research report on Monday, December 1st. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $19.00 target price on shares of Navigator in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company's stock. According to MarketBeat.com, Navigator currently has an average rating of "Buy" and an average price target of $21.50.View Our Latest Stock Analysis on NVGSNavigator Stock Down 0.2%The business has a 50 day moving average of $16.51 and a two-hundred day moving average of $15.85. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.14 and a current ratio of 1.18. The stock has a market capitalization of $1.23 billion, a PE ratio of 11.74, a PEG ratio of 0.57 and a beta of 0.50. Navigator (NYSE:NVGS - Get Free Report) last announced its earnings results on Tuesday, November 4th. The shipping company reported $0.36 EPS for the quarter, hitting analysts' consensus estimates of $0.36. The business had revenue of $153.09 million during the quarter, compared to the consensus estimate of $133.84 million. Navigator had a net margin of 17.85% and a return on equity of 6.83%. Analysts predict that Navigator Holdings Ltd. will post 1.25 EPS for the current year. Navigator Increases DividendThe company also recently announced a quarterly dividend, which will be paid on Tuesday, December 16th. Investors of record on Tuesday, November 25th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This is a positive change from Navigator's previous quarterly dividend of $0.05. This represents a $0.28 dividend on an annualized basis and a yield of 1.6%. Navigator's dividend payout ratio is currently 18.54%. Hedge Funds Weigh In On NavigatorA number of large investors have recently made changes to their positions in the business. California State Teachers Retirement System purchased a new position in Navigator during the 2nd quarter worth $29,000. Northwestern Mutual Wealth Management Co. raised its stake in Navigator by 2,794.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,055 shares of the shipping company's stock valued at $32,000 after buying an additional 1,984 shares during the last quarter. Legal & General Group Plc acquired a new stake in Navigator in the second quarter worth about $42,000. Russell Investments Group Ltd. purchased a new stake in shares of Navigator during the third quarter worth about $43,000. Finally, Ameritas Investment Partners Inc. acquired a new position in shares of Navigator during the second quarter valued at about $47,000. 18.95% of the stock is owned by institutional investors and hedge funds. Navigator Company Profile (Get Free Report)Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.Further ReadingFive stocks we like better than NavigatorHow to Know Which Cryptocurrency to Buy: A Guide for InvestorsWhat Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer HealthIndustrial Products Stocks Investing 3 Stocks Most Likely to Split in 2026What Does a Gap Up Mean in Stocks? How to Play the GapChargePoint's Comeback Story: Why This EV Stock Is Charging Up AgainThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Navigator Right Now?Before you consider Navigator, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Navigator wasn't on the list.While Navigator currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here