Marine Products Corporation (MPX)

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 -9.60% decrease from the current stock price of 8.85.

Price Target: $8.00 (-9.60%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$8.00	$8.00	$8.00	$8.00
Change	-9.60%	-9.60%	-9.60%	-9.60%

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

Analyst Ratings

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

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '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	-9.60%	Aug 12, 2024
Brandon Rolle DA Davidson	DA Davidson	Hold Initiates $16	Hold	Initiates	$16	+80.79%	Aug 23, 2023
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $7 → $10	Hold	Maintains	$7 → $10	+12.99%	Apr 30, 2020
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	-20.90%	Apr 6, 2020
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains $14 → $8	Hold	Maintains	$14 → $8	-9.60%	Mar 23, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

245.94M

Increased by 3.97%

from 236.56M

Revenue Next Year

277.95M

Increased by 13.02%

from 245.94M

EPS This Year

0.40

Decreased by -20.01%

from 0.50

EPS Next Year

0.50

Increased by 25.25%

from 0.40

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	239.83M	298.01M	381.00M	383.73M	236.56M	245.94M	277.95M
Revenue Growth	-17.91%	24.26%	27.85%	0.72%	-38.35%	3.97%	13.02%
EPS	0.57	0.85	1.18	1.21	0.50	0.40	0.50
EPS Growth	-31.25%	49.12%	38.82%	2.54%	-58.68%	-20.01%	25.25%
Forward PE	-	-	-	-	-	22.13	17.67
No. Analysts	-	-	-	-	-	2	2

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

Revenue Forecast

Revenue	2025	2026
High	255.7M	289.0M
Avg	245.9M	278.0M
Low	238.6M	269.7M

Revenue Growth

Revenue Growth	2025	2026
High	8.1%	17.5%
Avg	4.0%	13.0%
Low	0.9%	9.7%

EPS Forecast

EPS	2025	2026
High	0.42	0.52
Avg	0.40	0.50
Low	0.39	0.49

EPS Growth

EPS Growth	2025	2026
High	-16.8%	30.2%
Avg	-20.0%	25.3%
Low	-22.4%	21.5%

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.