Equities researchers at StockNews.com started coverage on shares of Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) in a research report issued on Sunday. The brokerage set a “buy” rating on the pipeline company’s stock.
Martin Midstream Partners Price Performance
Shares of NASDAQ:MMLP opened at $3.74 on Friday. Martin Midstream Partners has a one year low of $2.36 and a one year high of $4.13. The company has a 50 day moving average of $3.57 and a 200-day moving average of $3.75. The stock has a market cap of $146.07 million, a price-to-earnings ratio of -28.77 and a beta of 2.08.
Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The pipeline company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.25). Martin Midstream Partners had a negative return on equity of 6.93% and a negative net margin of 0.73%. Equities research analysts anticipate that Martin Midstream Partners will post 0.15 earnings per share for the current year.
Institutional Investors Weigh In On Martin Midstream Partners
About Martin Midstream Partners
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.
Featured Stories
- Five stocks we like better than Martin Midstream Partners
- What Are Dividend Champions? How to Invest in the Champions
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- The Significance of Brokerage Rankings in Stock Selection
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Martin Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martin Midstream Partners and related companies with MarketBeat.com's FREE daily email newsletter.