Analyst Ratings for Martin Midstream Partners L.P. (MMLP)

Updated: 2017-07-27

An average rating of Hold has been given to Martin Midstream Partners L.P. (NASDAQ:MMLP) by analysts covering the stock. About 30 days ago, MMLP was issued an average rating of Hold.

9 analysts issued ratings on the stock, where 2 gave MMLP a buy rating, 1 gave an overweight rating, 5 issued a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for MMLP by the analysts covering the stock. The highest price target was 25, implying a possible profit of 28.21 percent. The most pessimistic analyst gave a price target of 18, which equates to a potential downside of -7.69 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -29.17 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -5.46 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 19.44 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

The growth rate of MMLP's earnings is estimated by analysts to be -51.94 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. MMLP has a PEG ratio of -0.44.

MMLP has traded between a high of 24.10 and a low of 15.58 over the past year. Today's price is 25.16 percent above the 52-week low, and below the high by 19.09 percent. MMLP has a P/E ratio of 22.87. Investors typically compare the P/E ratio to a company's peers in the industry. The MMLP value stock report compares MMLP to some of its peers using value stock charts. The stock has a market capitalization of $0.75943 billion. MMLP's next earnings release will be on 0000-00-00, which is days away.