Stock on Watch: Navios Maritime Acquisition Corporation (NNA)

Company Profile:

Navios Maritime Acquisition Corporation provides marine transportation services worldwide. It owns a fleet of crude oil, refined petroleum product, and chemical tankers. The company charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters. As of April 4, 2017, its fleet consisted of a total of 36 double-hulled tanker vessels aggregating approximately 3.9 million deadweight tons, which included 8 VLCC tankers, 8 Long Range 1 product tankers, 18 Medium Range 2 product tankers, and 2 chemical tankers. The company was founded in 2008 and is based in Monaco.

Recent News:

The company reported net income of $5.6 million, revenue of $95.3 million, EBITDA of $17.5 million and net cash from operating activities of $28.6 million for the first quarter ended March 31, 2017.

The company also declared a dividend of $0.05 per share for the quarter, resulting in a dividend yield of approximately 12.0%.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

NNA’s strengths can be seen in its strong growth and strong profitability compared with its peers. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish crossover in MACD and RSI(15) stands at 49.75 with positive bias. We rate Navios Maritime Acquisition Corporation (NNA) a STRONG BUY.

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