|Bid||2.1700 x 1000|
|Ask||2.2500 x 800|
|Day's Range||2.1800 - 2.3000|
|52 Week Range||1.9400 - 7.4800|
|Beta (5Y Monthly)||1.90|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 19, 2022 - Apr 25, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 16, 2015|
|1y Target Est||5.00|
Here is how Navios Maritime Partners LP (NMM) and Scorpio Tankers (STNG) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Navios Maritime Partners L.P. (NYSE: NMM) reported second-quarter revenue growth of 84.7% year-over-year to $280.66 million, missing the consensus of $289.02 million. Adjusted EPS was $3.83, missing the consensus of $3.87. The company attributed higher revenue to the increase in the size of its fleet and Time Charter Equivalent (TCE) rate. Adjusted EBITDA increased to $163.48 million (+81% Y/Y), and margin contracted by 124 bps to 58.3%. The TCE rate increased by 17.4% to $23,823 per day, compar