Marine Products Stock Today
| MPX Stock | USD 10.95 0.12 1.08% |
Performance3 of 100
| Odds Of DistressLess than 5
|
Marine Products is trading at 10.95 as of the 16th of April 2024; that is -1.08% down since the beginning of the trading day. The stock's open price was 11.07. Marine Products has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Marine Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 28th of February 2001 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 34.68 M outstanding shares of which 316.03 K shares are now shorted by investors with about 6.3 days to cover. More on Marine Products
Moving together with Marine Stock
| 0.65 | BC | Brunswick Financial Report 25th of April 2024 | PairCorr |
| 0.65 | DOOO | BRP Inc Financial Report 6th of June 2024 | PairCorr |
Moving against Marine Stock
| 0.65 | VEEE | Twin Vee Powercats | PairCorr |
| 0.63 | EZGO | EZGO Technologies | PairCorr |
| 0.44 | DXYN | Dixie Group | PairCorr |
| 0.42 | FORD | Forward Industries | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Report 24th of April 2024
Marine Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Marine Products' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Marine Products or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Richard Hubbell | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Leisure Products, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, Recreation, Cars, Shipbuilding Railroad Equipment, Consumer Discretionary, Leisure Products, Recreational Vehicles, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Marine Products report their recommendations after researching Marine Products' financial statements, talking to executives and customers, or listening in on Marine Products' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Marine Products. The Marine consensus assessment is calculated by taking the average forecast from all of the analysts covering Marine Products. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Marine Products' liquidity, profitability, solvency, and operating efficiency, Marine Products may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Marine Products is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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. The company currently falls under 'Small-Cap' category with a total capitalization of 383.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Marine Products's market, we take the total number of its shares issued and multiply it by Marine Products's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Marine Products runs under Leisure Products sector within Consumer Discretionary industry. The entity has 34.68 M outstanding shares of which 316.03 K shares are now shorted by investors with about 6.3 days to cover.
Marine Products has about 43.17 M in cash with 56.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
Check Marine Products Probability Of Bankruptcy
Ownership AllocationMarine Products maintains a total of 34.68 Million outstanding shares. Marine Products secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.57 % of Marine Products outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Marine Ownership Details
Marine Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Marine Products jumping above the current price in 90 days from now is about 36.94%. The Marine Products probability density function shows the probability of Marine Products stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.1898. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Marine Products will likely underperform. Additionally, marine Products has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Marine Products to move above the current price in 90 days from now is about 36.94 (This Marine Products probability density function shows the probability of Marine Stock to fall within a particular range of prices over 90 days) .
Marine Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Marine Products that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Marine Products' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Marine Products' value.| Instituion | Recorded On | Shares | |
| American Century Companies Inc | 2023-12-31 | 73.3 K | |
| Bb&t Corp. | 2023-12-31 | 61.1 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 59.3 K | |
| Los Angeles Capital Management Llc | 2023-12-31 | 56.9 K | |
| Denali Advisors Llc | 2023-12-31 | 55.3 K | |
| Gsa Capital Partners Llp | 2023-12-31 | 40.6 K | |
| Strs Ohio | 2023-12-31 | 37.4 K | |
| Synovus Financial Corp | 2023-12-31 | 35.7 K | |
| First Trust Advisors L.p. | 2023-12-31 | 33.2 K | |
| Blackrock Inc | 2023-12-31 | 693.9 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 643.7 K |
Marine Products Historical Income Statement
Marine Products Income Statement is one of the three primary financial statements used for reporting Marine's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Marine Products revenue and expense. Marine Products Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Marine Products' Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 49.5 M in 2024, whereas Interest Expense is likely to drop slightly above 85.5 K in 2024. View More FundamentalsMarine Stock Against Markets
Picking the right benchmark for Marine Products stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Marine Products stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Marine Products is critical whether you are bullish or bearish towards Marine Products at a given time. Please also check how Marine Products' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Marine Products without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Manager Now
Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
Marine Products Corporate Directors
Marine Products corporate directors refer to members of a Marine Products board of directors. The board of directors generally takes responsibility for the Marine Products' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Marine Products' board members must vote for the resolution. The Marine Products board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Pamela Rollins | Director | Profile | |
| Bill Dismuke | Independent Director | Profile | |
| James Williams | Independent Director | Profile | |
| Harry Cynkus | Independent Director | Profile |
How to buy Marine Stock?
Before investing in Marine Products, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Marine Products. To buy Marine Products stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Marine Products. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Marine Products stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Marine Products stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Marine Products stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Marine Products, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.
Already Invested in Marine Products?
The danger of trading Marine Products is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Marine Products is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Marine Products. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Marine Products is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
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 (0.55) | Dividend Share 0.56 | Earnings Share 1.21 | Revenue Per Share 11.141 | Quarterly Revenue Growth (0.35) |
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.