Marten Transport, Ltd. (MRTN)
NASDAQ: MRTN · IEX Real-Time Price · USD
16.56
+0.59 (3.69%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Marten Transport Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Marten Transport stock have an average target of 24.33, with a low estimate of 21 and a high estimate of 27. The average target predicts an increase of 46.92% from the current stock price of 16.56.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MRTN stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $21 | Buy | Maintains | $23 → $21 | +26.81% | Apr 19, 2024 |
| Vertical Research | Vertical Research | Hold → Strong Buy Upgrades $25 | Hold → Strong Buy | Upgrades | $25 | +50.97% | Jan 10, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $27 | Buy | Reiterates | $27 | +63.04% | Jul 20, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $26 | Buy | Reiterates | $26 | +57.00% | May 19, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $25 | Buy | Maintains | $23 → $25 | +50.97% | Oct 18, 2022 |
Financial Forecast
Revenue This Year
1.12B
from 1.13B
Decreased by -0.75%
Revenue Next Year
1.18B
from 1.12B
Increased by 5.34%
EPS This Year
0.89
from 0.86
Increased by 3.19%
EPS Next Year
1.08
from 0.89
Increased by 21.84%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.2B | 1.2B |
| Avg | 1.1B | 1.2B |
| Low | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 2.2% | 8.5% |
| Avg | -0.7% | 5.3% |
| Low | -4.6% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.91 | 1.11 |
| Avg | 0.89 | 1.08 |
| Low | 0.85 | 1.04 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 6.2% | 25.4% |
| Avg | 3.2% | 21.8% |
| Low | -0.9% | 17.1% |
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.