Analyst Ratings for Marten Transport Ltd. (MRTN)Updated: 2017-07-28
Analysts covering Marten Transport Ltd. (NASDAQ:MRTN) have given it a consensus rating of Overweight. About 30 days ago, MRTN was issued an average rating of Overweight.
1 analysts declared MRTN a buy, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
MRTN was given price targets by several analysts. The maximum price target given was 19, which equates to a potential upside of 17.65 percent. The most pessimistic price target was 15, implying potential capital losses of -7.12 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6.67 percent. The average change in earnings estimates over the last 90 days is 6.67 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.45 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.45 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of MRTN to grow at a rate of 2.92 percent. Another measure frequently examined by investors is the 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. MRTN has a PEG ratio of 8.82.
MRTN has a 52-week high of 17.90 and a 52-week low of 11.22. The current market price is above the trailing year's low by 43.94 percent, and 9.78 percent lower than its 52-week high. MRTN has a price/earnings ratio of 25.76. Investors typically compare the P/E ratio to a company's peers in the industry. The MRTN value stock report compares MRTN to some of its peers using value stock charts. The stock has a market capitalization of $0.86352 billion. MRTN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.