NEW YORK (TheStreet) -- Navigator Holdings (NVGS) - Get Navigator Holdings Ltd. Report shares are climbing 1.66% to $19 in after-hours trading on Tuesday following the release of the company's fourth quarter earnings results after the closing bell today.
The owner and operator of the world's largest fleet of handysize liquefied gas carriers had a record quarter for revenue and net income. The company generated $78.4 million in revenue, yielding a profit of $24.3 million, or 44 cents per share for the quarter.
The results were mixed when compared to analysts' expectations for the period. The company was expected to earn 47 cents per share on revenue of $69.1 million during the period. Despite the earnings miss the company did double its EPS from the same period last year to 44 cents per share from 22 cents per share.
TheStreet Ratings team rates NAVIGATOR HOLDINGS LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate NAVIGATOR HOLDINGS LTD (NVGS) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, disappointing return on equity and feeble growth in its earnings per share."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: NVGS Ratings Report