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 highest price target was 19, which equates to a potential upside 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. If we look at the last 90 days instead, we find a net average change of 2.45 percent in FY estimates.
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 revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
MRTN has an estimated earnings growth rate of 2.92 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. 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 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 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.