Added to YB: 2024-12-18
Pitch date: 2024-11-02
NVGS [bullish]
Navigator Holdings Ltd.
+15.24%
current return
Author Info
No bio for this author
Company Info
Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. It engages in the international and regional seaborne transportation of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders.
Market Cap
$1.2B
Pitch Price
$15.18
Price Target
26.03 (+49%)
Dividend
1.59%
EV/EBITDA
7.36
P/E
11.78
EV/Sales
3.41
Sector
Oil, Gas and Consumable Fuels
Category
growth
Navigator Holdings Ltd. - $NVGS
NVGS: Largest handysize LPG carrier owner. Benefiting from US NGL surplus, tightening supply-demand, Morgan's Point terminal expansion. Q2 2024 annualized EBITDA $310M, 2025E $357M. $26.03 price target at 7.14x EV/EBITDA. Risks: cyclical industry, petrochemical demand, competition. Catalysts: Morgan's Point expansion, EU Russian LPG ban.
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