According to Reuters, the consensus rating for Navios Maritime Midstream Partners (NAP) is 3.25, which means a “hold.”
Below are the consensus ratings for other crude oil tanker companies:
- Nordic American Tankers (NAT) – 3.44 or a “hold”
- Gener8 Maritime (GNRT) – 2.0 or a “buy”
- Teekay Tankers (TNK) – 2.83 or a “hold”
- Euronav (EURN) – 2.17 or a “buy”
Four analysts gave recommendations on Navios Maritime Partners. None of the analysts are bullish on the stock. Three analysts gave a “hold” rating and one analyst gave a “sell” rating for Navios Maritime Partners.
The consensus 12-month target price for Navios Maritime Partners is $9.5, which implies a potential upside of 1% from the market price of $9.41 on December 27, 2017.
Revenue and earnings estimate
Wall Street analysts estimate that Navios Maritime Midstream Partners’ revenue will be ~$21.18 million in 4Q17—compared to $20.7 million in 3Q17 and ~$22.7 million in 4Q16. Navios Maritime Midstream Partners’ revenue comes from long-term contracts. As a result, its revenue is very stable and predictable. Its revenue in 1Q18 is expected to be $22 million. Its vessels are booked for 2017 and 2018.
Analysts expect the company’s 4Q17 EBITDA (earnings before interest, tax, depreciation, and amortization) to be $14.6 million—compared to $14.5 million in 3Q17 and $15.9 million in 4Q16. Analysts expect the fiscal 2017 EBITDA to be $57 million—compared to $63.4 million in 2016.
According to Reuters, the consensus rating for Gener8 Maritime Partners (GNRT) is 2, which means a “buy.”
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