Marten Transport, Ltd [MRTN] stock is trading at $17.94, up 8.99%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MRTN shares have gain 14.34% over the last week, with a monthly amount glided 6.22%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Marten Transport, Ltd [NASDAQ: MRTN] stock has seen the most recent analyst activity on October 14, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Vertical Research downgraded its rating to Hold on July 09, 2024, and dropped its price target to $19. Vertical Research upgraded its rating to a Buy but stick to its price target of $25 on January 10, 2024. Vertical Research downgraded its rating to a Hold and raised its price target to $25 on August 17, 2022. In a note dated August 09, 2021, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
Marten Transport, Ltd [MRTN] stock has fluctuated between $15.33 and $21.38 over the past year. Currently, Wall Street analysts expect the stock to reach $22.5 within the next 12 months. Marten Transport, Ltd [NASDAQ: MRTN] shares were valued at $17.94 at the most recent close of the market. An investor can expect a potential return of 25.42% based on the average MRTN price forecast.
Analyzing the MRTN fundamentals
Marten Transport, Ltd [NASDAQ:MRTN] reported sales of 1.00B for the trailing twelve months, which represents a drop of -15.09%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.42 points at the first support level, and at 16.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.24, and for the 2nd resistance point, it is at 18.54.
Ratios To Look Out For
For context, Marten Transport, Ltd’s Current Ratio is 1.46. As well, the Quick Ratio is 1.85, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 43.36.
Transactions by insiders
Recent insider trading involved BAUER JERRY M, Director, that happened on Oct 30 ’24 when 10000.0 shares were purchased. EVP & Chief Operating Officer, Phillips Adam Daniel completed a deal on Jul 25 ’24 to sell 4500.0 shares. Meanwhile, President Petit Douglas Paul sold 4500.0 shares on Jun 12 ’24.
