Marine Products Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Marine Products stock has a target of 8.00, which predicts a decrease of -14.35% from the current stock price of 9.34.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$8.00	$8.00	$8.00	$8.00
Change	-14.35%	-14.35%	-14.35%	-14.35%

* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for MPX is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon Rolle DA Davidson	DA Davidson	Hold Maintains $11 → $8	Hold	Maintains	$11 → $8	-14.35%	Aug 12, 2024
Brandon Rolle DA Davidson	DA Davidson	Hold Initiates $16	Hold	Initiates	$16	+71.31%	Aug 23, 2023
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $7 → $10	Hold	Maintains	$7 → $10	+7.07%	Apr 30, 2020
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	-25.05%	Apr 6, 2020
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $14 → $8	Hold	Maintains	$14 → $8	-14.35%	Mar 23, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

238.53M

from 383.73M

-37.84%

from 383.73M

Revenue Next Year

250.46M

from 238.53M

5.00%

from 238.53M

EPS This Year

0.41

from 1.21

-66.28%

from 1.21

EPS Next Year

0.51

from 0.41

24.01%

from 0.41

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	292.14M	239.83M	298.01M	381.00M	383.73M	238.53M	250.46M
Revenue Growth	-2.17%	-17.91%	24.26%	27.84%	0.72%	-37.84%	5.00%
EPS	0.83	0.57	0.85	1.18	1.21	0.41	0.51
EPS Growth	0.49%	-31.25%	49.12%	38.82%	2.54%	-66.28%	24.01%
Forward PE	-	-	-	-	-	22.89	18.46
No. Analysts	-	-	-	-	-	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	248.0M	260.4M
Avg	238.5M	250.5M
Low	231.4M	243.0M

Revenue Growth

Revenue Growth	2024	2025
High	-35.4%	9.2%
Avg	-37.8%	5.0%
Low	-39.7%	1.9%

EPS Forecast

EPS	2024	2025
High	0.42	0.53
Avg	0.41	0.51
Low	0.40	0.49

EPS Growth

EPS Growth	2024	2025
High	-64.9%	28.9%
Avg	-66.3%	24.0%
Low	-67.3%	20.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.