Marten Transport (MRTN) Getting Somewhat Favorable Media Coverage, Analysis Shows
News stories about Marten Transport (NASDAQ:MRTN) have been trending somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marten Transport earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.9115216010562 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Marten Transport (MRTN) opened at $20.05 on Wednesday. The company has a market cap of $1,100.00, a P/E ratio of 32.87 and a beta of 1.34. Marten Transport has a 1 year low of $12.81 and a 1 year high of $21.15.
Marten Transport (NASDAQ:MRTN) last posted its quarterly earnings data on Thursday, October 19th. The transportation company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The business had revenue of $170.70 million during the quarter, compared to the consensus estimate of $169.67 million. Marten Transport had a net margin of 4.87% and a return on equity of 7.45%. Marten Transport’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 EPS. equities analysts anticipate that Marten Transport will post 0.62 EPS for the current fiscal year.
Several analysts have commented on the stock. Zacks Investment Research downgraded shares of Marten Transport from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Stifel Nicolaus reissued a “hold” rating and issued a $15.00 target price on shares of Marten Transport in a research report on Sunday, October 1st. Finally, BidaskClub downgraded shares of Marten Transport from a “hold” rating to a “sell” rating in a research report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $19.00.
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About Marten Transport
Marten Transport, Ltd. is a temperature-sensitive truckload carrier. The Company focuses on transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage.
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