Navios Maritime Partners LP (NYSE:NMM), a transportation company based in Monaco, View our latest analysis for Navios Maritime Partners
What is NMM worth?
Good news, investors! NMM is still a bargain right now. My valuation model shows that the stock’s value should be $3.79 but it is currently trading at $2.15 on the share market, meaning that there is still an opportunity to buy now. What’s more interesting is that, NMM’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much NMM moves relative to the rest of the market.
What does the future of NMM look like?
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares.Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at NMM future expectations. With revenues expected to grow by a double-digit 21.30% over the next couple of years, the outlook is positive for NMM. If the level of expenses is able to be maintained, it looks like higher cash flows is on the cards for the stock, which should feed into a higher share valuation.
What this means for you:
Are you a shareholder? Since NMM is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation.
Are you a potential investor? If you’ve been keeping an eye on NMM for a while, now might be the time to enter the stock. Its buoyant future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy NMM. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed buy.
Price is just the tip of the iceberg. Dig deeper into what truly matters – the fundamentals – before you make a decision on Navios Maritime Partners. You can find everything you need to know about NMM in the latest infographic research report. If you are no longer interested in Navios Maritime Partners, you can use our free platform to see my list of over 50 other stocks with a high growth potential.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.