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.
Many analysts weighed in on price targets for MMLP. The most optimistic analyst gave a price target of 25, implying a possible profit of 28.21 percent. The most pessimistic analyst gave a price target of 18, implying potential capital losses of -7.69 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -29.17 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -5.46 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 19.44 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of MMLP's earnings is estimated by analysts to be -51.94 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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. Currently the stock is 25.16 percent higher than its low, and 19.09 percent lower than its 52-week high. MMLP has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.