Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Marten Transport, Ltd.’s stock clocked out at $15.97, down -1.24% from its previous closing price of $16.17. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 0.77 million shares were traded. MRTN stock price reached its highest trading level at $16.38 during the session, while it also had its lowest trading level at $15.87.
Ratios:
To gain a deeper understanding of MRTN’s stock, we examine its different ratios. 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 1299362432 and an Enterprise Value of 1246019072. As of this moment, Marten’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.48, and their Forward P/E ratio for the next fiscal year is 13.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 1.101 whereas that against EBITDA is 6.218.
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 $16.15. The 50-Day Moving Average of the stock is -13.81%, while the 200-Day Moving Average is calculated to be -18.83%.
Shares Statistics:
It appears that MRTN traded 496.54K shares on average per day over the past three months and 560060 shares per day over the past ten days. A total of 81.31M shares are outstanding, with a floating share count of 57.46M. Insiders hold about 29.35% of the company’s shares, while institutions hold 69.69% stake in the company. Shares short for MRTN as of 1711584000 were 627722 with a Short Ratio of 1.26, compared to 1709164800 on 1049891. Therefore, it implies a Short% of Shares Outstanding of 627722 and a Short% of Float of 1.17.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, MRTN has a forward annual dividend rate of 0.24. The stock’s 5-year Average Dividend Yield is 0.9.
Earnings Estimates
The dynamic stock of Marten Transport, Ltd. (MRTN) is currently attracting attention from Mersana Therapeutics, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $213.62, with high estimates of $1.55 and low estimates of $119.75.
Analysts are recommending an EPS of between $Technology and $Basic Materials for the fiscal current year, implying an average EPS of $Consumer Cyclical.
