Marten Transport Stock Beta
| MRTN Stock | USD 17.70 0.28 1.61% |
Marten Transport fundamentals help investors to digest information that contributes to Marten Transport's financial success or failures. It also enables traders to predict the movement of Marten Stock. The fundamental analysis module provides a way to measure Marten Transport's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Marten Transport stock.
Marten | Beta |
Marten Transport Company Beta Analysis
Marten Transport's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Marten Transport Beta | 0.81 |
Most of Marten Transport's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Marten Transport is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Marten Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Marten Transport is extremely important. It helps to project a fair market value of Marten Stock properly, considering its historical fundamentals such as Beta. Since Marten Transport's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Marten Transport's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Marten Transport's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Marten Transport has a Beta of 0.806. This is 41.17% lower than that of the Ground Transportation sector and 45.17% lower than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Marten Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Marten Transport's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Marten Transport could also be used in its relative valuation, which is a method of valuing Marten Transport by comparing valuation metrics of similar companies.Marten Transport is currently under evaluation in beta category among related companies.
Marten Transport ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Marten Transport's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Marten Transport's managers, analysts, and investors.Environmental | Governance | Social |
Marten Transport Institutional Holders
Institutional Holdings refers to the ownership stake in Marten Transport that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Marten Transport's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Marten Transport's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.3 M | American Century Companies Inc | 2024-03-31 | 1.2 M | Northern Trust Corp | 2023-12-31 | 957.1 K | Ing Investment Management Llc | 2023-12-31 | 886.8 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 879.1 K | Granite Investment Partners, Llc | 2024-03-31 | 867.9 K | Charles Schwab Investment Management Inc | 2024-03-31 | 830.8 K | Clearbridge Advisors, Llc | 2024-03-31 | 690.3 K | Bank Of New York Mellon Corp | 2023-12-31 | 675.4 K | Blackrock Inc | 2023-12-31 | 9.2 M | Dimensional Fund Advisors, Inc. | 2024-03-31 | 5.8 M |
As returns on the market increase, Marten Transport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marten Transport is expected to be smaller as well.
Marten Fundamentals
| Return On Equity | 0.0775 | ||||
| Return On Asset | 0.0404 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1.37 B | ||||
| Shares Outstanding | 81.36 M | ||||
| Shares Owned By Insiders | 29.35 % | ||||
| Shares Owned By Institutions | 70.18 % | ||||
| Number Of Shares Shorted | 857.44 K | ||||
| Price To Earning | 23.72 X | ||||
| Price To Book | 1.84 X | ||||
| Price To Sales | 1.23 X | ||||
| Revenue | 1.13 B | ||||
| Gross Profit | 340.33 M | ||||
| EBITDA | 193.22 M | ||||
| Net Income | 70.37 M | ||||
| Cash And Equivalents | 71.49 M | ||||
| Cash Per Share | 0.88 X | ||||
| Total Debt | 517 K | ||||
| Current Ratio | 1.80 X | ||||
| Book Value Per Share | 9.37 X | ||||
| Cash Flow From Operations | 164.38 M | ||||
| Short Ratio | 1.79 X | ||||
| Earnings Per Share | 0.70 X | ||||
| Price To Earnings To Growth | 3.20 X | ||||
| Target Price | 21.0 | ||||
| Number Of Employees | 4.21 K | ||||
| Beta | 0.81 | ||||
| Market Capitalization | 1.44 B | ||||
| Total Asset | 1 B | ||||
| Retained Earnings | 706.78 M | ||||
| Working Capital | 86.34 M | ||||
| Current Asset | 49.33 M | ||||
| Current Liabilities | 32.16 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.68 % | ||||
| Net Asset | 1 B | ||||
| Last Dividend Paid | 0.24 |
About Marten Transport Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Marten Transport's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Marten Transport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Marten Transport based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for Marten Stock analysis
When running Marten Transport's price analysis, check to measure Marten Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marten Transport is operating at the current time. Most of Marten Transport's value examination focuses on studying past and present price action to predict the probability of Marten Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marten Transport's price. Additionally, you may evaluate how the addition of Marten Transport to your portfolios can decrease your overall portfolio volatility.
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Is Marten Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marten Transport. If investors know Marten will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marten Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Dividend Share 0.24 | Earnings Share 0.7 | Revenue Per Share 13.321 | Quarterly Revenue Growth (0.16) |
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.