Navios Maritime Partners LP (NMM) Outperforms Broader Market: What You Need to Know

Group 1 - Navios Maritime Partners LP (NMM) closed at $44.15, reflecting a +1.31% increase from the previous day, outperforming the S&P 500's daily gain of 1.14% [1] - Over the past month, shares of Navios Maritime Partners LP have increased by 9.44%, contrasting with the Transportation sector's decline of 4.87% and the S&P 500's gain of 2% [1] Group 2 - The company is expected to report an EPS of $1.74, which represents a decrease of 43.14% from the prior-year quarter, while revenue is anticipated to be $309.58 million, showing a 2.47% increase compared to the year-ago quarter [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $9.99 per share and revenue of $1.31 billion, indicating changes of -10.32% and +6.79%, respectively, compared to the previous year [3] Group 3 - Recent changes to analyst estimates for Navios Maritime Partners LP reflect the latest short-term business trends, with positive revisions indicating analysts' confidence in the company's performance and profit potential [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Navios Maritime Partners LP at 4 (Sell), following an 8.1% decline in the Zacks Consensus EPS estimate over the past month [6] Group 4 - Navios Maritime Partners LP is trading at a Forward P/E ratio of 4.36, indicating a discount compared to its industry's Forward P/E of 9.93 [7] - The Transportation - Shipping industry, part of the Transportation sector, has a Zacks Industry Rank of 147, placing it in the bottom 41% of over 250 industries [7]