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.
A number of analysts gave price targets for MRTN. The most optimistic analyst gave a price target of 19, implying a possible profit of 17.65 percent. The most pessimistic analyst gave a price target of 15, implying potential capital losses of -7.12 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6.67 percent. That number becomes 6.67 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 2.45 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.45 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of MRTN to grow at a rate of 2.92 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MRTN is 8.82.
MRTN has a 52-week high of 17.90 and a 52-week low of 11.22. Currently the stock is 43.94 percent higher than its low, and below the high by 9.78 percent. MRTN has a P/E 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 will post this quarters earnings in days, on 0000-00-00.