Richard Hubbell - Marine Products CEO

MPX Stock  USD 11.38  0.12  1.04%   

CEO

Mr. Richard A. Hubbell is President, Chief Executive Officer, Director of the Company. Mr. Hubbell has extensive knowledge of the Companys business and industry serving over 32 years at the Company, including the years that it was a subsidiary of RPC, Inc., before it was spunoff in 2001. He has served as the Chief Executive Officer and President of the Company since 2001. Mr. Hubbell is also the President, Chief Executive Officer and a Director of RPC, Inc. since 2001.
Age 79
Tenure 23 years
Address 2801 Buford Highway NE, Atlanta, GA, United States, 30329
Phone404 321 7910
Webhttps://www.marineproductscorp.com

Richard Hubbell Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Hubbell against Marine Products stock is an integral part of due diligence when investing in Marine Products. Richard Hubbell insider activity provides valuable insight into whether Marine Products is net buyers or sellers over its current business cycle. Note, Marine Products insiders must abide by specific rules, including filing SEC forms every time they buy or sell Marine Products'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Marine Products Management Efficiency

The company has Return on Asset of 0.1303 % which means that on every $100 spent on assets, it made $0.1303 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2445 %, implying that it generated $0.2445 on every 100 dollars invested. Marine Products' management efficiency ratios could be used to measure how well Marine Products manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.12 in 2024. Return On Capital Employed is likely to drop to 0.18 in 2024. At this time, Marine Products' Total Current Assets are fairly stable compared to the past year. Deferred Long Term Asset Charges is likely to rise to about 4.1 M in 2024, whereas Total Assets are likely to drop slightly above 117.6 M in 2024.
The company has 297 K in debt with debt to equity (D/E) ratio of 0.0, which may show that the company is not taking advantage of profits from borrowing. Marine Products has a current ratio of 3.98, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Marine Products until it has trouble settling it off, either with new capital or with free cash flow. So, Marine Products' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Marine Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Marine to invest in growth at high rates of return. When we think about Marine Products' use of debt, we should always consider it together with cash and equity.

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Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 880 people. Marine Products (MPX) is traded on New York Stock Exchange in USA. It is located in 2801 Buford Highway NE, Atlanta, GA, United States, 30329 and employs 690 people. Marine Products is listed under Leisure Products category by Fama And French industry classification.

Management Performance

Marine Products Leadership Team

Elected by the shareholders, the Marine Products' board of directors comprises two types of representatives: Marine Products inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marine. The board's role is to monitor Marine Products' management team and ensure that shareholders' interests are well served. Marine Products' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marine Products' outside directors are responsible for providing unbiased perspectives on the board's policies.
Pamela Rollins, Director
Bill Dismuke, Independent Director
Richard Hubbell, CEO and President Director, Member of Executive Committee, CEO of RPC Inc and President of RPC Inc and Director of RPC Inc
James Williams, Independent Director
Harry Cynkus, Independent Director
Larry Prince, Independent Director
James Lane, Executive VP of Marine Products, Director and President of Chaparral Boats Inc
Benjamin Palmer, Chief Financial Officer, Vice President, Corporate Secretary
Ben Palmer, CFO, Principal Accounting Officer, VP, Treasurer, CFO of RPC Inc, VP of RPC Inc and Treasurer of RPC Inc
Susan Bell, Independent Director
Randall Rollins, Chairman of the Board
James Landers, VP of Corporate Fin.
Timothy Rollins, Director
Michael Schmit, CFO Sec
Linda Graham, VP, Secretary, Director, VP of RPC Inc, Secretary of RPC Inc and Director of RPC Inc
Sharon Lennon, Manager Communications
Patrick Gunning, Independent Director
Henry Tippie, Presiding Independent Director
R Rollins, Chairman of the Board
Jerry Nix, Lead Independent Director
Gary Rollins, Non-Executive Chairman of the Board

Marine Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marine Products a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marine Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marine Products' short interest history, or implied volatility extrapolated from Marine Products options trading.

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When determining whether Marine Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marine Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marine Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marine Products Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Marine Stock analysis

When running Marine Products' price analysis, check to measure Marine Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.
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Is Marine Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marine Products. If investors know Marine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marine Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.56
Earnings Share
1
Revenue Per Share
9.684
Quarterly Revenue Growth
(0.42)
The market value of Marine Products is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marine Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.