Marten Transport (MRTN) Receives News Impact Score of 0.24

Media coverage about Marten Transport (NASDAQ:MRTN) has trended somewhat positive on Thursday, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Marten Transport earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 45.9899070973405 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Marten Transport (NASDAQ:MRTN) opened at $22.30 on Thursday. Marten Transport has a fifty-two week low of $12.99 and a fifty-two week high of $29.60. The stock has a market capitalization of $1,186.10, a PE ratio of 13.60 and a beta of 1.38.

Marten Transport (NASDAQ:MRTN) last issued its earnings results on Thursday, January 25th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.16. The business had revenue of $182.70 million during the quarter, compared to analysts’ expectations of $177.55 million. Marten Transport had a return on equity of 7.17% and a net margin of 12.93%. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 EPS. analysts expect that Marten Transport will post 0.84 earnings per share for the current year.

A number of analysts have recently issued reports on the company. BidaskClub upgraded Marten Transport from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research cut Marten Transport from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Seaport Global Securities upgraded Marten Transport from a “neutral” rating to a “buy” rating and set a $30.00 target price for the company in a report on Friday, January 26th. Finally, Stephens reiterated a “buy” rating and set a $25.00 target price on shares of Marten Transport in a report on Wednesday, January 10th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $23.50.

In related news, Director Larry B. Hagness sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $23.39, for a total transaction of $280,680.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 23.00% of the company’s stock.

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Marten Transport Company Profile

Marten Transport, Ltd. is a temperature-sensitive truckload carrier. The Company focuses on transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage.

Insider Buying and Selling by Quarter for Marten Transport (NASDAQ:MRTN)

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