Marten Transport, Ltd. (MRTN)
NASDAQ: MRTN · IEX Real-Time Price · USD
18.14
0.00 (0.00%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Marten Transport Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Marten Transport stock have an average target of 23.25, with a low estimate of 20 and a high estimate of 27. The average target predicts an increase of 28.17% from the current stock price of 18.14.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 15, 2024.
Analyst Ratings
The average analyst rating for MRTN stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 2 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Initiates $20 | Buy | Initiates | $20 | +10.25% | May 15, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $21 | Buy | Maintains | $23 → $21 | +15.77% | Apr 19, 2024 |
| Vertical Research | Vertical Research | Hold → Strong Buy Upgrades $25 | Hold → Strong Buy | Upgrades | $25 | +37.82% | Jan 10, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $27 | Buy | Reiterates | $27 | +48.84% | Jul 20, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $26 | Buy | Reiterates | $26 | +43.33% | May 19, 2023 |
Financial Forecast
Revenue This Year
1.10B
from 1.13B
Decreased by -2.69%
Revenue Next Year
1.23B
from 1.10B
Increased by 11.63%
EPS This Year
0.68
from 0.86
Decreased by -20.53%
EPS Next Year
1.03
from 0.68
Increased by 50.75%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.3B |
| Avg | 1.1B | 1.2B |
| Low | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 1.1% | 20.3% |
| Avg | -2.7% | 11.6% |
| Low | -7.1% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.74 | 1.08 |
| Avg | 0.68 | 1.03 |
| Low | 0.62 | 0.98 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -14.5% | 58.3% |
| Avg | -20.5% | 50.7% |
| Low | -28.2% | 43.4% |
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.