Analyst Rating: Will Marten Transport, Ltd (MRTN) Stock Do Better Than the Market?

Monday, December 06, 2021 01:40 PM | InvestorsObserver Analysts

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InvestorsObserver is giving Marten Transport, Ltd (MRTN) an Analyst Rating Rank of 29, meaning MRTN is ranked higher by analysts than 29% of stocks. The average price target for MRTN is $21 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating MRTN a Buy today. Find out what this means to you and get the rest of the rankings on MRTN!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Marten Transport, Ltd Stock Today?

Marten Transport, Ltd (MRTN) stock is down -0.6% while the S&P 500 has gained 1.34% as of 1:36 PM on Monday, Dec 6. MRTN is lower by -$0.10 from the previous closing price of $16.77 on volume of 335,259 shares. Over the past year the S&P 500 has risen 24.57% while MRTN is lower by -6.82%. MRTN earned $0.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.31. Click Here to get the full Stock Report for Marten Transport, Ltd stock.

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