Marten Transport (MRTN) Stock Forecast, Price Target & Predictions
MRTN Stock Forecast
Marten Transport stock forecast is as follows: an average price target of $22.50 (represents a 41.87% upside from MRTN’s last price of $15.86) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
MRTN Price Target
MRTN Analyst Ratings
Marten Transport Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 15, 2024 | David Hicks | Raymond James | $20.00 | $18.04 | 10.86% | 26.10% |
Jan 10, 2024 | Jeffrey Kauffman | Vertical Research | $25.00 | $20.01 | 24.94% | 57.63% |
Marten Transport Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $22.50 |
Last Closing Price | $15.86 | $15.86 | $15.86 |
Upside/Downside | -100.00% | -100.00% | 41.87% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 14, 2024 | Raymond James | - | Market Perform | Downgrade |
Jul 09, 2024 | Vertical Research | Buy | Hold | Downgrade |
Jan 10, 2024 | Vertical Research | - | Buy | Upgrade |
Oct 18, 2022 | Stephens | Overweight | Overweight | Hold |
Marten Transport Financial Forecast
Marten Transport Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $268.22M | $279.54M | $285.67M | $298.02M | $322.58M | $324.45M | $329.56M | $287.28M | $266.88M | $251.28M | $232.44M | $223.05M | $227.33M | $216.01M | $212.38M | $218.65M | $217.19M | $214.97M | $212.09M | $199.02M | $186.96M | $173.16M |
Avg Forecast | $270.00M | $258.75M | $244.80M | $231.00M | $232.91M | $240.98M | $249.11M | $262.77M | $271.62M | $280.65M | $296.93M | $309.89M | $316.33M | $318.91M | $290.70M | $263.02M | $262.42M | $237.38M | $239.37M | $224.72M | $226.80M | $219.57M | $205.38M | $207.55M | $206.73M | $208.10M | $201.27M | $190.82M | $186.96M | $138.53M |
High Forecast | $273.04M | $261.66M | $247.56M | $233.60M | $235.53M | $245.35M | $249.11M | $262.77M | $278.69M | $283.81M | $300.28M | $313.38M | $319.89M | $318.91M | $290.70M | $263.02M | $262.42M | $237.38M | $239.37M | $224.72M | $226.80M | $219.57M | $205.38M | $207.55M | $206.73M | $208.10M | $201.27M | $190.82M | $224.35M | $166.23M |
Low Forecast | $266.93M | $255.81M | $242.02M | $228.38M | $230.27M | $236.60M | $249.11M | $262.77M | $264.56M | $277.47M | $293.56M | $306.37M | $312.73M | $318.91M | $290.70M | $263.02M | $262.42M | $237.38M | $239.37M | $224.72M | $226.80M | $219.57M | $205.38M | $207.55M | $206.73M | $208.10M | $201.27M | $190.82M | $149.57M | $110.82M |
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
Surprise % | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 0.96% | 0.96% | 1.02% | 1.02% | 1.13% | 1.09% | 1.02% | 1.06% | 0.97% | 0.99% | 1.00% | 0.98% | 1.03% | 1.05% | 1.05% | 1.03% | 1.05% | 1.04% | 1.00% | 1.25% |
Marten Transport EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
EBITDA | - | - | - | - | - | - | - | - | $42.60M | $11.20M | $21.11M | $18.52M | $26.87M | $31.63M | $31.31M | $26.78M | $56.66M | $53.88M | $54.07M | $49.70M | $51.48M | $50.00M | $51.24M | $43.56M | $43.89M | $44.58M | $43.80M | $40.55M | $35.60M | $35.18M |
Avg Forecast | $26.84M | $25.73M | $24.34M | $22.97M | $23.16M | $23.96M | $24.77M | $63.05M | $27.01M | $27.90M | $29.52M | $57.32M | $52.73M | $31.71M | $28.90M | $45.31M | $26.09M | $23.60M | $23.80M | $44.73M | $22.55M | $21.83M | $20.42M | $40.83M | $20.55M | $20.69M | $20.01M | $38.02M | $35.60M | $26.39M |
High Forecast | $27.15M | $26.02M | $24.61M | $23.23M | $23.42M | $24.39M | $24.77M | $75.66M | $27.71M | $28.22M | $29.85M | $68.79M | $63.28M | $31.71M | $28.90M | $54.38M | $26.09M | $23.60M | $23.80M | $53.67M | $22.55M | $21.83M | $20.42M | $49.00M | $20.55M | $20.69M | $20.01M | $45.62M | $42.72M | $31.66M |
Low Forecast | $26.54M | $25.43M | $24.06M | $22.71M | $22.89M | $23.52M | $24.77M | $50.44M | $26.30M | $27.59M | $29.19M | $45.86M | $42.19M | $31.71M | $28.90M | $36.25M | $26.09M | $23.60M | $23.80M | $35.78M | $22.55M | $21.83M | $20.42M | $32.67M | $20.55M | $20.69M | $20.01M | $30.42M | $28.48M | $21.11M |
Surprise % | - | - | - | - | - | - | - | - | 1.58% | 0.40% | 0.72% | 0.32% | 0.51% | 1.00% | 1.08% | 0.59% | 2.17% | 2.28% | 2.27% | 1.11% | 2.28% | 2.29% | 2.51% | 1.07% | 2.14% | 2.15% | 2.19% | 1.07% | 1.00% | 1.33% |
Marten Transport Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
Net Income | - | - | - | - | - | - | - | - | $12.40M | $13.60M | $21.87M | $22.50M | $25.51M | $25.65M | $31.66M | $27.53M | $24.73M | $21.27M | $21.42M | $18.01M | $19.60M | $18.04M | $18.13M | $13.72M | $15.75M | $16.59M | $15.19M | $13.55M | $10.33M | $8.21M |
Avg Forecast | $12.63M | $11.41M | $9.37M | $5.30M | $4.97M | $5.28M | $9.33M | $28.00M | $14.69M | $14.81M | $22.54M | $25.45M | $23.02M | $27.37M | $26.19M | $20.12M | $21.31M | $20.82M | $21.12M | $16.21M | $17.65M | $16.15M | $12.49M | $12.86M | $15.02M | $15.20M | $14.52M | $12.70M | $10.33M | $6.16M |
High Forecast | $12.82M | $11.58M | $9.51M | $5.37M | $5.04M | $5.36M | $9.35M | $33.60M | $14.90M | $15.02M | $22.87M | $30.54M | $27.62M | $27.37M | $26.19M | $24.14M | $21.31M | $20.82M | $21.12M | $19.45M | $17.65M | $16.15M | $12.49M | $15.43M | $15.02M | $15.20M | $14.52M | $15.24M | $12.40M | $7.39M |
Low Forecast | $12.44M | $11.24M | $9.23M | $5.22M | $4.89M | $5.20M | $9.31M | $22.40M | $14.47M | $14.59M | $22.21M | $20.36M | $18.41M | $27.37M | $26.19M | $16.10M | $21.31M | $20.82M | $21.12M | $12.96M | $17.65M | $16.15M | $12.49M | $10.29M | $15.02M | $15.20M | $14.52M | $10.16M | $8.26M | $4.93M |
Surprise % | - | - | - | - | - | - | - | - | 0.84% | 0.92% | 0.97% | 0.88% | 1.11% | 0.94% | 1.21% | 1.37% | 1.16% | 1.02% | 1.01% | 1.11% | 1.11% | 1.12% | 1.45% | 1.07% | 1.05% | 1.09% | 1.05% | 1.07% | 1.00% | 1.33% |
Marten Transport SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
SG&A | - | - | - | - | - | - | - | - | $2.52M | $15.84M | $14.99M | $17.60M | $14.96M | $14.08M | $15.68M | $14.97M | $12.68M | $12.68M | $11.45M | $13.53M | $14.34M | $13.24M | $13.61M | $14.27M | $10.75M | $11.52M | $11.81M | $11.82M | $11.97M | $10.49M |
Avg Forecast | $12.19M | $11.68M | $11.05M | $10.43M | $10.52M | $10.88M | $11.25M | $15.22M | $12.26M | $12.67M | $13.41M | $13.84M | $11.80M | $14.40M | $13.13M | $10.94M | $11.85M | $10.72M | $10.81M | $12.18M | $10.24M | $9.91M | $9.27M | $13.38M | $9.33M | $9.40M | $9.09M | $11.09M | $11.97M | $7.87M |
High Forecast | $12.33M | $11.82M | $11.18M | $10.55M | $10.64M | $11.08M | $11.25M | $18.27M | $12.58M | $12.82M | $13.56M | $16.61M | $14.16M | $14.40M | $13.13M | $13.13M | $11.85M | $10.72M | $10.81M | $14.61M | $10.24M | $9.91M | $9.27M | $16.05M | $9.33M | $9.40M | $9.09M | $13.30M | $14.37M | $9.45M |
Low Forecast | $12.05M | $11.55M | $10.93M | $10.31M | $10.40M | $10.68M | $11.25M | $12.18M | $11.95M | $12.53M | $13.26M | $11.07M | $9.44M | $14.40M | $13.13M | $8.75M | $11.85M | $10.72M | $10.81M | $9.74M | $10.24M | $9.91M | $9.27M | $10.70M | $9.33M | $9.40M | $9.09M | $8.87M | $9.58M | $6.30M |
Surprise % | - | - | - | - | - | - | - | - | 0.21% | 1.25% | 1.12% | 1.27% | 1.27% | 0.98% | 1.19% | 1.37% | 1.07% | 1.18% | 1.06% | 1.11% | 1.40% | 1.34% | 1.47% | 1.07% | 1.15% | 1.23% | 1.30% | 1.07% | 1.00% | 1.33% |
Marten Transport EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 8 | 12 |
EPS | - | - | - | - | - | - | - | - | $0.15 | $0.17 | $0.27 | $0.28 | $0.31 | $0.32 | $0.39 | $0.33 | $0.30 | $0.26 | $0.26 | $0.22 | $0.24 | $0.22 | $0.22 | $0.17 | $0.19 | $0.20 | $0.19 | $0.17 | $0.13 | $0.10 |
Avg Forecast | $0.15 | $0.14 | $0.12 | $0.07 | $0.06 | $0.06 | $0.11 | $0.12 | $0.18 | $0.18 | $0.28 | $0.27 | $0.30 | $0.34 | $0.32 | $0.26 | $0.26 | $0.26 | $0.26 | $0.20 | $0.22 | $0.20 | $0.15 | $0.16 | $0.18 | $0.19 | $0.18 | $0.16 | $0.19 | $0.09 |
High Forecast | $0.16 | $0.14 | $0.12 | $0.07 | $0.06 | $0.07 | $0.11 | $0.12 | $0.18 | $0.18 | $0.28 | $0.28 | $0.30 | $0.34 | $0.32 | $0.26 | $0.26 | $0.26 | $0.26 | $0.20 | $0.22 | $0.20 | $0.15 | $0.16 | $0.18 | $0.19 | $0.18 | $0.16 | $0.23 | $0.11 |
Low Forecast | $0.15 | $0.14 | $0.11 | $0.06 | $0.06 | $0.06 | $0.11 | $0.12 | $0.18 | $0.18 | $0.27 | $0.27 | $0.29 | $0.34 | $0.32 | $0.26 | $0.26 | $0.26 | $0.26 | $0.20 | $0.22 | $0.20 | $0.15 | $0.16 | $0.18 | $0.19 | $0.18 | $0.16 | $0.15 | $0.07 |
Surprise % | - | - | - | - | - | - | - | - | 0.83% | 0.94% | 0.98% | 1.03% | 1.04% | 0.95% | 1.21% | 1.28% | 1.15% | 1.02% | 1.00% | 1.09% | 1.11% | 1.11% | 1.43% | 1.04% | 1.05% | 1.07% | 1.05% | 1.05% | 0.67% | 1.11% |
Marten Transport Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
HTLD | Heartland Express | $10.91 | $16.33 | 49.68% | Hold |
MRTN | Marten Transport | $15.86 | $22.50 | 41.87% | Hold |
KNX | Knight-Swift Transportation | $52.93 | $59.40 | 12.22% | Buy |
WERN | Werner Enterprises | $37.54 | $41.67 | 11.00% | Sell |
SNDR | Schneider National | $28.41 | $27.75 | -2.32% | Buy |
ULH | Universal Logistics | $42.69 | $36.00 | -15.67% | - |
MRTN Forecast FAQ
Is Marten Transport a good buy?
No, according to 3 Wall Street analysts, Marten Transport (MRTN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of MRTN's total ratings.
What is MRTN's price target?
Marten Transport (MRTN) average price target is $22.5 with a range of $20 to $25, implying a 41.87% from its last price of $15.86. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Marten Transport stock go up soon?
According to Wall Street analysts' prediction for MRTN stock, the company can go up by 41.87% (from the last price of $15.86 to the average price target of $22.5), up by 57.63% based on the highest stock price target, and up by 26.10% based on the lowest stock price target.
Can Marten Transport stock reach $20?
MRTN's average twelve months analyst stock price target of $22.5 supports the claim that Marten Transport can reach $20 in the near future.
What are Marten Transport's analysts' financial forecasts?
Marten Transport's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $985.77M (high $992.77M, low $978.75M), average EBITDA is $134.94M (high $148.24M, low $121.63M), average net income is $47.57M (high $53.34M, low $41.8M), average SG&A $47.87M (high $51.23M, low $44.51M), and average EPS is $0.365 (high $0.367, low $0.363). MRTN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1B (high $1.02B, low $993.14M), average EBITDA is $99.88M (high $101M, low $98.74M), average net income is $38.71M (high $39.28M, low $38.14M), average SG&A $45.36M (high $45.87M, low $44.85M), and average EPS is $0.475 (high $0.482, low $0.468).
Did the MRTN's actual financial results beat the analysts' financial forecasts?
Based on Marten Transport's last annual report (Dec 2023), the company's revenue was $1.13B, which missed the average analysts forecast of $1.16B by -2.38%. Apple's EBITDA was $193.22M, beating the average prediction of $141.75M by 36.31%. The company's net income was $70.37M, missing the average estimation of $77.49M by -9.18%. Apple's SG&A was $10.15M, missing the average forecast of $52.18M by -80.55%. Lastly, the company's EPS was $0.86, missing the average prediction of $0.911 by -5.56%. In terms of the last quarterly report (Dec 2023), Marten Transport's revenue was $268.22M, missing the average analysts' forecast of $271.62M by -1.25%. The company's EBITDA was $42.6M, beating the average prediction of $27.01M by 57.76%. Marten Transport's net income was $12.4M, missing the average estimation of $14.69M by -15.58%. The company's SG&A was $2.52M, missing the average forecast of $12.26M by -79.42%. Lastly, the company's EPS was $0.15, missing the average prediction of $0.18 by -16.78%