Marten Transport, Ltd. (NASDAQ: MRTN) closed the day trading at $18.70 down -0.80% from the previous closing price of $18.85. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 551410 shares were traded.
Ratios:
For a better understanding of MRTN, let’s look at 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 20 when WINKEL THOMAS J sold 5,313 shares for $20.12 per share. The transaction valued at 106,919 led to the insider holds 53,674 shares of the business.
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 1.52B and an Enterprise Value of 1.47B. As of this moment, Marten’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.63, and their Forward P/E ratio for the next fiscal year is 17.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 1.30 whereas that against EBITDA is 7.60.
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 19.76, while the 200-Day Moving Average is calculated to be 20.23.
Shares Statistics:
Over the past 3-months, MRTN traded about 311.33K shares per day on average, while over the past 10 days, MRTN traded about 366.75k shares per day. A total of 81.31M shares are outstanding, with a floating share count of 57.43M. Insiders hold about 29.38% of the company’s shares, while institutions hold 69.92% stake in the company. Shares short for MRTN as of Feb 15, 2024 were 854.21k with a Short Ratio of 2.74, compared to 1.19M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.05% and a Short% of Float of 2.43%.
Dividends & Splits
MRTN’s forward annual dividend rate is 0.24, up from 0.24 a year ago. Against a Trailing Annual Dividend Yield of 1.27%, it implies a Forward Annual Dividend Yield of 1.28%. 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
Current recommendations for the stock of the company come from 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
1 analysts predict $272.17M in revenue for the current quarter. 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.
