Marine Products Corporation (MPX)

NYSE: MPX · IEX Real-Time Price · USD

10.15

-0.19 (-1.84%)

At close: Jul 19, 2024, 4:00 PM

10.13

-0.02 (-0.20%)

After-hours: Jul 20, 2024, 12:55 PM EDT

Marine Products Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Marine Products stock has a target of 16, which predicts an increase of 57.64% from the current stock price of 10.15.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$16	$16	$16	$16
Change	+57.64%	+57.64%	+57.64%	+57.64%

* Price targets were last updated on Aug 23, 2023.

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	Mar '23	Apr '23	May '23	Jun '23	Jul '23	Aug '23
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 Initiates $16	Hold	Initiates	$16	+57.64%	Aug 23, 2023
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Apr 6, 2020
Eric Wold B. Riley Securities	B. Riley Securities	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Mar 23, 2020
Eric Wold B. Riley Securities	B. Riley Securities	Strong Sell → Hold Upgrades n/a	Strong Sell → Hold	Upgrades	n/a	n/a	Dec 26, 2018
Eric Wold B. Riley Securities	B. Riley Securities	Hold → Strong Sell Downgrades n/a	Hold → Strong Sell	Downgrades	n/a	n/a	Dec 10, 2018

More Analyst Ratings

Financial Forecast

Revenue This Year

276.94M

from 383.73M

-27.83%

from 383.73M

Revenue Next Year

304.40M

from 276.94M

9.92%

from 276.94M

EPS This Year

0.60

from 1.21

-50.00%

from 1.21

EPS Next Year

0.76

from 0.60

25.04%

from 0.60

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	292.14M	239.83M	298.01M	381.00M	383.73M	276.94M	304.40M
Revenue Growth	-2.17%	-17.91%	24.26%	27.84%	0.72%	-27.83%	9.92%
EPS	0.83	0.57	0.85	1.18	1.21	0.60	0.76
EPS Growth	-	-31.33%	49.12%	38.82%	2.54%	-50.00%	25.04%
Forward PE	-	-	-	-	-	16.78	13.42
No. Analysts	-	-	-	-	-	2	2

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

Revenue Forecast

Revenue	2024	2025
High	287.9M	316.5M
Avg	276.9M	304.4M
Low	268.7M	295.4M

Revenue Growth

Revenue Growth	2024	2025
High	-25.0%	14.3%
Avg	-27.8%	9.9%
Low	-30.0%	6.7%

EPS Forecast

EPS	2024	2025
High	0.63	0.79
Avg	0.60	0.76
Low	0.59	0.73

EPS Growth

EPS Growth	2024	2025
High	-48.0%	30.0%
Avg	-50.0%	25.0%
Low	-51.5%	21.3%

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.