EPS for Marten Transport, Ltd. (MRTN) forecasted at $0.22

June 29, 2018 - By Sharla Beadle

Marten Transport, Ltd. (NASDAQ:MRTN) Corporate Logo
Big Money Sentiment decreased to 1.29 in 2018 Q1. It has change of 0.05, from 2017Q4’s 1.34. The ratio turned negative due to Marten Transport, Ltd. positioning: 17 sold and 49 reduced. 37 funds took positions and 48 increased positions. Investors holded 36.35 million in 2017Q4 but now own 35.75 million shares or 1.66% less.
California-based Schwab Charles Invest Management has invested 0.01% in Marten Transport, Ltd. (NASDAQ:MRTN). Sei Investments holds 8,482 shs. The Massachusetts-based Panagora Asset Mngmt has invested 0.01% in Marten Transport, Ltd. (NASDAQ:MRTN). Dimensional Fund Advsr Lp accumulated 4.56 million shs or 0.04% of the stock. The New York-based Jpmorgan Chase & Communications has invested 0% in Marten Transport, Ltd. (NASDAQ:MRTN). Bancorp Of America De invested 0% in Marten Transport, Ltd. (NASDAQ:MRTN). Qs Invsts Ltd Liability accumulated 36 shs. Wells Fargo Co Mn, a California-based fund reported 85,840 shs. Prudential Fin stated it has 0% of its capital in Marten Transport, Ltd. (NASDAQ:MRTN). Alphaone Invest Limited Liability Company has 218,279 shs for 1.37% of their capital. Art Advisors holds 47,134 shs. Arizona State Retirement Systems owns 61,012 shs. Parkside Bancorporation & Tru accumulated 48 shs. Thrivent Fincl For Lutherans holds 0% of its capital in Marten Transport, Ltd. (NASDAQ:MRTN) for 24,960 shs. Mason Street Advsr Ltd Co owns 10,731 shs for 0.01% of their capital.

Marten Transport, Ltd. registered $271,698 net activity with 1 buying transaction and 2 sales since February 2, 2018. The insider Hinnendael James J bought 7,500 shs worth $149,865. On Thursday, February 22 6,250 shs were sold by WINKEL THOMAS J, worth $140,938.

Investors expect Marten Transport, Ltd. (NASDAQ:MRTN)’s quarterly earnings on July, 19., according to Faxor. Analysts expect change of 29.41 % or $0.05 from previous year’s $0.17 EPS compared to current’s $0.22 EPS. If $0.22 is reported, MRTN’s profit will reach $12.01 million for 26.82 P/E. Wall Street predicts 15.79 % EPS growth as of July, 19. The stock increased 2.16% or $0.5 during the last trading session, reaching $23.6.Marten Transport, Ltd. has volume of 39,805 shares. Since June 29, 2017 MRTN has risen 47.96% and is uptrending. The stock outperformed the S&P500 by 35.39%.

Marten Transport, Ltd. (NASDAQ:MRTN) Ratings Coverage

A total of 3 analysts rate Marten Transport (NASDAQ:MRTN) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NASDAQ:MRTN) has 4 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Monday, January 8 the rating was maintained by Stephens with “Buy”. On Friday, January 26 Seaport Global upgraded the shares of MRTN in report to “Buy” rating. The company rating was maintained by Stifel Nicolaus on Friday, April 6. In Friday, April 20 report Stephens downgraded it to “Hold” rating and $2500 target.

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico.The company has $1.29 billion market cap. It operates through four divisions: Truckload, Dedicated, Intermodal, and Brokerage.The P/E ratio is 13.98. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment.

Another two news for Marten Transport, Ltd. (NASDAQ:MRTN) were recently announced by: Globenewswire.com on June 11, 2018 with title “Report: Exploring Fundamental Drivers Behind Marten Transport, Photronics, Cray, Rockwell Automation, Groupon …”. The other Seekingalpha.com‘s article was titled “US Xpress prices IPO at $16/share” and announced on June 13, 2018.

Marten Transport, Ltd. (NASDAQ:MRTN) Institutional Investors Chart

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