With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. During the session, the Trucking company that operates in wider Industrials sector, reached to the highest price of $15.66 whereas the lowest price it dropped to was $15.24. The 52-week range on MRTN shows that it touched its highest point at $20.24 and its lowest point at $14.96 during that stretch. It currently has a 1-year price target of $17.00. With its current market cap of 1.25 billion, MRTN has annualized dividend of $0.24 while the current yield stands at 1.56%. MRTN paid its most recent dividend on 1734048000, while the ex-dividend date for that was 1734048000. Beta for the stock currently stands at 0.83.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRTN was down-trending over the past week, with a drop of -6.06%, but this was down by -2.17% over a month. Three-month performance dropped to -2.66% while six-month performance fell -16.66%. The stock lost -20.33% in the past year, while it has lost -1.60% so far this year. A look at the trailing 12-month EPS for MRTN yields 0.33 with Next year EPS estimates of 0.69. For the next quarter, that number is 0.06. This implies an EPS growth rate of 20.25% for this year and 73.49% for next year.
Float and Shares Shorts:
At present, 81.46 million MRTN shares are outstanding with a float of 57.55 million shares on hand for trading. On 2024-12-31, short shares totaled 0.72 million, which was 89.0 higher than short shares on 1732838400. In addition to Mr. Randolph L. Marten as the firm’s Executive Chairman of the Board, Mr. Timothy M. Kohl serves as its Chief Executive Officer.
Institutional Ownership:
Through their ownership of 0.70755 of MRTN’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MRTN reported revenue of $237366000.0 and operating income of $3388000.0. The EBITDA in the recently reported quarter was $29899000.0 and diluted EPS was $0.05.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MRTN since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MRTN analysts setting a high price target of 19.0 and a low target of 15.0, the average target price over the next 12 months is 17.0. Based on these targets, MRTN could surge 23.7% to reach the target high and fall by -2.34% to reach the target low. Reaching the average price target will result in a growth of 10.68% from current levels.
Analysts have provided yearly estimates in a range of $0.33021 being high and $0.30981 being low. For MRTN, this leads to a yearly average estimate of $0.32141. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.09.
