The closing price of Marten Transport, Ltd. (NASDAQ: MRTN) was $18.31 for the day, up 1.22% from the previous closing price of $18.09. In other words, the price has increased by $+0.22 from its previous closing price. On the day, 492937 shares were traded.
Ratios:
Our analysis of MRTN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 17, 2022, Vertical Research Downgraded its rating to Hold which previously was Buy and also upped its target price recommendation from $24 to $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRTN now has a Market Capitalization of 1.49B and an Enterprise Value of 1.44B. As of this moment, Marten’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.18, and their Forward P/E ratio for the next fiscal year is 17.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is 7.43.
Stock Price History:
Over the past 52 weeks, MRTN has reached a high of $23.38, while it has fallen to a 52-week low of $17.34. The 50-Day Moving Average of the stock is 19.24, while the 200-Day Moving Average is calculated to be 20.04.
Shares Statistics:
MRTN traded an average of 416.02K shares per day over the past three months and 1.02M shares per day over the past ten days. A total of 81.31M shares are outstanding, with a floating share count of 57.45M. Insiders hold about 29.36% of the company’s shares, while institutions hold 69.79% stake in the company. Shares short for MRTN as of Feb 29, 2024 were 1.05M with a Short Ratio of 2.52, compared to 1.27M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.29% and a Short% of Float of 2.99%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, MRTN has a forward annual dividend rate of 0.24. Against a Trailing Annual Dividend Yield of 1.33%, it implies a Forward Annual Dividend Yield of 1.31%. The stock’s 5-year Average Dividend Yield is 0.89. The current Payout Ratio is 27.76% for MRTN, which recently paid a dividend on Mar 29, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Aug 14, 2020 when the company split stock in a 3:2 ratio.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $0.16 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.16, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.21, with high estimates of $0.21 and low estimates of $0.21.
Analysts are recommending an EPS of between $0.87 and $0.87 for the fiscal current year, implying an average EPS of $0.87. EPS for the following year is $1.06, with 1 analysts recommending between $1.06 and $1.06.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $272.17M to a low estimate of $272.17M. As of the current estimate, Marten Transport, Ltd.’s year-ago sales were $309.89M, an estimated decrease of -12.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $278.48M, a decrease of -2.50% over than the figure of -$12.20% in the same quarter last year. There is a high estimate of $278.48M for the next quarter, whereas the lowest estimate is $278.48M.
A total of 1 analysts have provided revenue estimates for MRTN’s current fiscal year. The highest revenue estimate was $1.1B, while the lowest revenue estimate was $1.1B, resulting in an average revenue estimate of $1.1B. In the same quarter a year ago, actual revenue was $1.13B, down -2.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.16B and the low estimate is $1.16B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.
