For its third fiscal quarter (ending September 30), Navios Maritime Partners LP (NYSE: NMM) has reported a 10% increase in E.P.S. from $2.92 a year ago to $3.20 in the current quarter. E.P.S. were $13.17 for the latest four quarters through September 30 versus $13.62 for the same period a year ago — a decline of -3%.
Recent Price Action
On 11/5/24, Navios Maritime Partners LP (NYSE: NMM) stock rose slightly by 0.2%, closing at $53.93. Moreover, above average trading volume at 125% of normal accompanied the advance. The stock has declined -4.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NMM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Navios Maritime Partners has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Navios Maritime Partners has a very high Power Rating of 95 and a very high Appreciation Score of 98, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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