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 potential capital gains of 17.65 percent. The most pessimistic price target was 15, which equates to a potential downside of -7.12 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6.67 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 6.67 percent. 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. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of MRTN to grow at a rate of 2.92 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MRTN is 8.82.

In the last 52-weeks, MRTN has achieved a high of 17.90 and a 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.