Navios Maritime Partners L.P.-Navios Maritime Partners LP (NMM) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - Navios Maritime Partners LP (NMM) closed at $40.08, reflecting a +0.43% change from the previous day's closing price, which is lower than the S&P 500's daily gain of 1.08% [1] - Over the past month, shares of Navios Maritime Partners LP have decreased by 11.8%, underperforming the Transportation sector's loss of 7.24% and the S&P 500's loss of 8.26% [1] Earnings Forecast - The Zacks Consensus Estimates predict earnings of$ 12.64 per share and revenue of $1.37 billion for the year, representing increases of +13.46% and +11.35% compared to the previous year [2] Analyst Estimates - Recent changes to analyst estimates for Navios Maritime Partners LP are crucial as they reflect the evolving nature of near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] Valuation Metrics - Navios Maritime Partners LP currently has a Forward P/E ratio of 3.16, which is significantly lower than the industry's average Forward P/E of 9.33 [6] - The Transportation - Shipping industry, to which the company belongs, has a Zacks Industry Rank of 194, placing it in the bottom 23% of over 250 industries [6] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Navios Maritime Partners LP as 5 (Strong Sell), indicating a negative outlook [5]