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Marten Transport, Ltd. (MRTN)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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16.27-0.11 (-0.67%)
At close: 4:00PM EDT
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Chart Events
Neutralpattern detected
Previous Close16.38
Open16.41
Bid11.78 x 1200
Ask16.95 x 900
Day's Range16.23 - 16.59
52 Week Range10.67 - 20.13
Volume174,418
Avg. Volume361,320
Market Cap1.345B
Beta (5Y Monthly)0.98
PE Ratio (TTM)20.59
EPS (TTM)0.79
Earnings DateJan 21, 2021 - Jan 25, 2021
Forward Dividend & Yield0.16 (0.98%)
Ex-Dividend DateSep 15, 2020
1y Target Est19.83
  • The Zacks Analyst Blog Highlights: Marten, Universal Logistics, Werner, J.B. Hunt and Saia
    Zacks

    The Zacks Analyst Blog Highlights: Marten, Universal Logistics, Werner, J.B. Hunt and Saia

    The Zacks Analyst Blog Highlights: Marten, Universal Logistics, Werner, J.B. Hunt and Saia

  • Marten Transport, Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
    Simply Wall St.

    Marten Transport, Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

    Last week, you might have seen that Marten Transport, Ltd. (NASDAQ:MRTN) released its quarterly result to the market...

  • Marten Transport Sinks 8% After-Hours On 3Q Revenue Miss
    SmarterAnalyst

    Marten Transport Sinks 8% After-Hours On 3Q Revenue Miss

    Marten Transport shares fell 8.4% in the extended trading session on Thursday as the company missed analysts’ 3Q revenue estimate. The company offers refrigerated and dry truck-based transportation capabilities.Marten Transport’s (MRTN) 3Q revenue grew 0.5% Y/Y to $216 million, missing analysts’ forecast of $220.5 million. The top-line was dragged down by a 24% fall in fuel surcharge revenue to $19.9 million, reflecting the impact of significantly lower fuel prices. Excluding fuel surcharges, revenue grew 3.8%.The company’s 3Q GAAP EPS grew 10% Y/Y to $0.22 and was favorably impacted by a gain of $1.7 million from the disposition of a facility. Analysts expected EPS of $0.20.CEO Randolph L. Marten commented “We improved our Truckload miles per tractor by 8.5% over the third quarter of 2019 and by 6.2% over the first nine months of 2019, demonstrating our strength of quickly making data-driven decisions and adjustments utilizing our in-house operating technology. We also have been increasing and will continue to increase the compensation for our premium services within the tightening freight market.” (See MRTN stock analysis on TipRanks)Last month, KeyBanc analyst Todd Fowler reiterated a Buy rating for Marten Transport with a price target of $21.The Street has a cautiously optimistic Moderate Buy consensus for Marten Transport based on two recent Buy ratings and 1 Hold rating. Shares have risen 25.6% year-to-date and the average analyst price target of $19.66 reflects upside potential of 9.1% for the months ahead.Related News: Cars.com Soars 26% On Strong 3Q Sales Outlook, Analyst Upgrade Raytheon Scores $239M US Air Force Contract Modification United Airlines Posts Heavy Q3 Loss As Covid Crushes Demand More recent articles from Smarter Analyst: * Intuitive Surgical Plunges 4% Despite 3Q Earnings Beat * Cars.com Soars 26% On Strong 3Q Sales Outlook, Analyst Upgrade * Zogenix Rallies 7% On New Fintepla Data For Dravet Syndrome * Raytheon Scores $239M US Air Force Contract Modification