EPS for Marten Transport, Ltd. (MRTN) forecasted at $0.22

June 29, 2018 - By Cynthia Ashman

Marten Transport, Ltd. (NASDAQ:MRTN) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 1.29. That’s change of 0.05, from 2017Q4’s 1.34. 17 investors sold all, 49 reduced holdings as Marten Transport, Ltd. ratio fall. 48 increased stakes while 37 funds bought stakes. Funds hold 35.75 million shares thus 1.66% less from 2017Q4’s 36.35 million shares.
Acadian Asset Ltd Liability owns 99,906 shs. Next Century Growth Invsts Lc accumulated 423,358 shs. Sit Investment Associate holds 0.03% in Marten Transport, Ltd. (NASDAQ:MRTN) or 48,984 shs. Bancshares Of Ny Mellon Corporation accumulated 1.65M shs. California State Teachers Retirement Systems holds 0% of its capital in Marten Transport, Ltd. (NASDAQ:MRTN) for 59,374 shs. Bard Associate holds 62,437 shs or 0.71% of its capital. Green Square Cap Limited has invested 0.05% of its capital in Marten Transport, Ltd. (NASDAQ:MRTN). Moreover, Amp Cap Invsts Ltd has 0% invested in Marten Transport, Ltd. (NASDAQ:MRTN) for 13,200 shs. Texas Permanent School Fund holds 0.01% of its capital in Marten Transport, Ltd. (NASDAQ:MRTN) for 25,607 shs. Penn Cap Mgmt Comm owns 191,234 shs for 0.34% of their capital. Granite Inv Prtn Limited Liability, California-based fund reported 647,037 shs. Farmers Merchants Investments Incorporated holds 0.03% or 15,166 shs. Trexquant Limited Partnership owns 10,748 shs. Art Advisors Ltd Liability owns 47,134 shs. 69,583 are owned by Swiss Bankshares.

Marten Transport, Ltd. had 2 selling transactions and 1 buy since February 2, 2018. This’s net activity of $271,698. HAGNESS LARRY B sold $280,625 worth of Marten Transport, Ltd. (NASDAQ:MRTN) on Friday, February 2. On Thursday, February 22 WINKEL THOMAS J also sold $140,938 worth of Marten Transport, Ltd. (NASDAQ:MRTN).

On July, 19 Marten Transport, Ltd. (NASDAQ:MRTN)’s earnings release is expected by WallStreet, as reported by RTT. Analysts expect change of 29.41 % or $0.05 from previous year’s $0.17 earnings per share compared to current’s $0.22 earnings per share. If reported the P/E will be 26.82 with $12.01 million profit. Wall Street predicts 15.79 % EPS growth as of July, 19. MRTN is touching $23.6 during the last trading session, after increased 2.16%.Currently Marten Transport, Ltd. is uptrending after 47.96% change in last June 29, 2017. MRTN has 39,805 shares volume. The stock outperformed the S&P500 by 35.39%.

Marten Transport, Ltd. (NASDAQ:MRTN) Ratings Coverage

In total 3 analysts cover Marten Transport (NASDAQ:MRTN). “Buy” rating has 1, “Sell” are 0, while 2 are “Hold”. 33% are bullish. 4 are the (NASDAQ:MRTN)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. In Friday, April 20 report Stephens downgraded the stock to “Hold” rating. On Friday, April 6 the firm earned “Hold” rating by Stifel Nicolaus. On Friday, January 26 the rating was upgraded by Seaport Global to “Buy”. On Monday, January 8 the stock of Marten Transport, Ltd. (NASDAQ:MRTN) earned “Buy” rating by Stephens.

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico.The firm is worth $1.29 billion. It operates through four divisions: Truckload, Dedicated, Intermodal, and Brokerage.The P/E ratio is 13.98. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment.

Another two news for Marten Transport, Ltd. (NASDAQ:MRTN) were briefly published by: Seekingalpha.com on June 13, 2018 with title “US Xpress prices IPO at $16/share”. The other Globenewswire.com‘s article was titled “Report: Exploring Fundamental Drivers Behind Marten Transport, Photronics, Cray, Rockwell Automation, Groupon …” and published on June 11, 2018.

Marten Transport, Ltd. (NASDAQ:MRTN) Institutional Investors Chart

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