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.
Many analysts weighed in on price targets for MRTN. The highest price target was 19, which equates to a potential upside of 17.65 percent. The lowest price target was 15, implying a possible loss 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. That number becomes 6.67 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.45 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.45 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
MRTN has an estimated earnings growth rate of 2.92 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. MRTN has a PEG ratio of 8.82.
In the trailing 52-weeks, MRTN hit 17.90 at the highest peak, while it's lowest trading point was 11.22. Currently the stock is 43.94 percent higher than its low, and 9.78 percent below the 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 market cap of MRTN is $0.86352 billion. MRTN will post this quarters earnings in days, on 0000-00-00.