Marten Transport, Ltd. (MRTN)
NASDAQ: MRTN · Real-Time Price · USD
15.60
-0.31 (-1.95%)
Dec 20, 2024, 4:00 PM EST - Market closed
Marten Transport Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Marten Transport stock have an average target of 23, with a low estimate of 21 and a high estimate of 25. The average target predicts an increase of 47.44% from the current stock price of 15.60.
Analyst Consensus: Buy
* Price targets were last updated on Apr 19, 2024.
Analyst Ratings
The average analyst rating for MRTN stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 14, 2024 |
| Raymond James | Raymond James | Buy Initiates $20 | Buy | Initiates | $20 | +28.21% | May 15, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $21 | Buy | Maintains | $23 → $21 | +34.62% | Apr 19, 2024 |
| Vertical Research | Vertical Research | Hold → Strong Buy Upgrades $25 | Hold → Strong Buy | Upgrades | $25 | +60.26% | Jan 10, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $27 | Buy | Reiterates | $27 | +73.08% | Jul 20, 2023 |
Financial Forecast
Revenue This Year
978.25M
from 1.13B
Decreased by -13.54%
Revenue Next Year
1.02B
from 978.25M
Increased by 4.47%
EPS This Year
0.33
from 0.86
Decreased by -62.05%
EPS Next Year
0.52
from 0.33
Increased by 60.42%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.0B | 1.1B |
| Avg | 978.3M | 1.0B |
| Low | 924.1M | 963.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -10.2% | 10.1% |
| Avg | -13.5% | 4.5% |
| Low | -18.3% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.34 | 0.62 |
| Avg | 0.33 | 0.52 |
| Low | 0.31 | 0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -60.9% | 89.8% |
| Avg | -62.0% | 60.4% |
| Low | -63.5% | 41.1% |
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.