Marten Transport Stock Target Price and Analyst Consensus

MRTN Stock  USD 17.94  0.32  1.75%   
The current analyst and expert consensus on Marten Transport is Buy, with only one strong buy opinion. The current projected Marten Transport target price consensus is 24.00 with 3 analyst opinions. Check out Macroaxis Advice on Marten Transport to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.
The most common way Marten Transport analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Marten Transport executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Marten Transport. We encourage you to use your own analysis of Marten Transport to validate this buy or sell advice. Marten Transport buy-or-sell recommendation module provides average expert sentiment on the projected Marten Transport target price to derive its highest and lowest estimates based on projected price volatility of 1.8574.
Lowest Forecast
21.84
Highest Forecast
26.64
Target Price
24
At this time, Marten Transport's Gross Profit is very stable compared to the past year. As of the 13th of November 2024, Operating Profit Margin is likely to grow to 0.12, while Pretax Profit Margin is likely to drop 0.05. At this time, Marten Transport's Cash is very stable compared to the past year. As of the 13th of November 2024, Non Current Assets Total is likely to grow to about 848.5 M, while Short and Long Term Debt Total is likely to drop about 491.1 K.
  
It's important to approach Marten Transport's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Marten Transport Target Price Consensus

Marten target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Marten Transport's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Buy
Most Marten analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Marten stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Marten Transport, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Marten Transport Target Price Projection

Marten Transport's current and average target prices are 17.94 and 24.00, respectively. The current price of Marten Transport is the price at which Marten Transport is currently trading. On the other hand, Marten Transport's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Marten Transport Market Quote on 13th of November 2024

Low Price17.88Odds
High Price18.28Odds

17.94

Target Price

Analyst Consensus On Marten Transport Target Price

Low Estimate21.84Odds
High Estimate26.64Odds

24.0

Historical Lowest Forecast  21.84 Target Price  24.0 Highest Forecast  26.64
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Marten Transport and the information provided on this page.

Marten Transport Analyst Ratings

Marten Transport's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Marten Transport stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Marten Transport's financials, market performance, and future outlook by experienced professionals. Marten Transport's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Marten Transport price targets

Marten Transport's stock target price is an estimate of its future price, usually made by analysts. Using Marten Transport's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Marten Transport's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Marten Transport's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Marten Transport Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Marten Transport is a key component of Marten Transport valuation and have some predictive power on the future returns of a Marten Transport.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marten Transport's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
16.0717.9319.79
Details
Intrinsic
Valuation
LowRealHigh
16.1520.7022.56
Details
Naive
Forecast
LowNextHigh
17.6719.5321.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.080.060.08
Details

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When determining whether Marten Transport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marten Transport's 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 Marten Transport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marten Transport Stock:
Check out Macroaxis Advice on Marten Transport to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.