Martin Midstream Partners Stock Buy Hold or Sell Recommendation
| MMLP Stock | USD 2.71 0.05 1.88% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Martin Midstream Partners is 'Hold'. Macroaxis provides Martin Midstream buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MMLP positions. The advice algorithm takes into account all of Martin Midstream's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Martin Midstream's buy or sell advice are summarized below:
Real Value 2.77 | Target Price 3 | Hype Value 2.66 | Market Value 2.71 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Martin Midstream Partners given historical horizon and risk tolerance towards Martin Midstream. When Macroaxis issues a 'buy' or 'sell' recommendation for Martin Midstream Partners, the advice is generated through an automated system that utilizes algorithms and statistical models.
Martin |
Execute Martin Midstream Buy or Sell Advice
The Martin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Martin Midstream Partners. Macroaxis does not own or have any residual interests in Martin Midstream Partners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Martin Midstream's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Martin Midstream Trading Alerts and Improvement Suggestions
| Martin Midstream has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company currently holds 481.76 M in liabilities with Debt to Equity (D/E) ratio of 496.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Martin Midstream Partners has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Martin Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, Martin Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Martin Midstream Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Martin to invest in growth at high rates of return. When we think about Martin Midstream's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 797.96 M. Net Loss for the year was (4.44 M) with profit before overhead, payroll, taxes, and interest of 143.69 M. | |
| About 28.0% of Martin Midstream outstanding shares are owned by corporate insiders | |
| Latest headline from insidermonkey.com: Martin Midstream Partners L.P. Q1 2024 Earnings Call Transcript |
Martin Midstream Returns Distribution Density
The distribution of Martin Midstream's historical returns is an attempt to chart the uncertainty of Martin Midstream's future price movements. The chart of the probability distribution of Martin Midstream daily returns describes the distribution of returns around its average expected value. We use Martin Midstream Partners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Martin Midstream returns is essential to provide solid investment advice for Martin Midstream.
| Mean Return | 0.25 | Value At Risk | -3.98 | Potential Upside | 4.51 | Standard Deviation | 2.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Martin Midstream historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Martin Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Martin Midstream is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Martin Midstream Partners backward and forwards among themselves. Martin Midstream's institutional investor refers to the entity that pools money to purchase Martin Midstream's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Victory Capital Management Inc. | 2023-12-31 | 29.8 K | Susquehanna International Group, Llp | 2023-12-31 | 29.2 K | Independent Advisor Alliance | 2023-12-31 | 17.1 K | Hightower Advisors, Llc | 2023-12-31 | 16.1 K | Lpl Financial Corp | 2023-12-31 | 12.6 K | Cetera Advisor Networks Llc | 2023-12-31 | 12.5 K | Jane Street Group, Llc | 2023-12-31 | 10.1 K | Tower Research Capital Llc | 2023-12-31 | 6.1 K | Bank Of America Corp | 2023-12-31 | 5.4 K | Amvescap Plc. | 2023-12-31 | 7.2 M | Goldman Sachs Group Inc | 2023-12-31 | 3.6 M |
Martin Midstream Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 2.6M | 2.1M | (4.9M) | (7K) | 9K | 8.6K | |
| Free Cash Flow | 45.2M | 36.2M | 19.7M | (11.1M) | 98.3M | 103.2M | |
| Other Non Cash Items | (1.2M) | (16.2M) | 4.3M | (3.3M) | 9.8M | 10.3M | |
| Capital Expenditures | 30.6M | 28.6M | 16.1M | 27.2M | 39.1M | 44.8M | |
| Net Income | 4.5M | (6.8M) | (211K) | (10.3M) | (4.4M) | (4.2M) | |
| End Period Cash Flow | 2.9M | 5.0M | 52K | 45K | 54K | 51.3K | |
| Change To Inventory | 21.5M | 5.3M | (8.3M) | (47.7M) | 66.0M | 69.3M | |
| Depreciation | 60.1M | 61.5M | 56.8M | 56.3M | 49.9M | 49.1M | |
| Dividends Paid | 49.1M | 5.3M | 791K | 793K | (793K) | (753.4K) | |
| Change To Netincome | 173.6M | (17.1M) | 3.8M | (787K) | (905.1K) | (859.8K) | |
| Investments | 174.8M | 2.6M | (19.2M) | (24.6M) | (33.7M) | (32.0M) | |
| Net Borrowings | (91.5M) | (56.2M) | (20.0M) | 10.6M | 9.6M | 10.0M |
Martin Midstream Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Martin Midstream or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Martin Midstream's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Martin stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.19 | |
β | Beta against NYSE Composite | 0.64 | |
σ | Overall volatility | 2.80 | |
Ir | Information ratio | 0.06 |
Martin Midstream Volatility Alert
Martin Midstream Partners currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Martin Midstream's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Martin Midstream's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Martin Midstream Fundamentals Vs Peers
Comparing Martin Midstream's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Martin Midstream's direct or indirect competition across all of the common fundamentals between Martin Midstream and the related equities. This way, we can detect undervalued stocks with similar characteristics as Martin Midstream or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Martin Midstream's fundamental indicators could also be used in its relative valuation, which is a method of valuing Martin Midstream by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Martin Midstream to competition |
| Fundamentals | Martin Midstream | Peer Average |
| Return On Asset | 0.16 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 578.94 M | 16.62 B |
| Shares Outstanding | 39 M | 571.82 M |
| Shares Owned By Insiders | 27.65 % | 10.09 % |
| Shares Owned By Institutions | 35.53 % | 39.21 % |
| Number Of Shares Shorted | 61.17 K | 4.71 M |
| Price To Earning | 5.57 X | 28.72 X |
| Price To Sales | 0.12 X | 11.42 X |
| Revenue | 797.96 M | 9.43 B |
| Gross Profit | 143.69 M | 27.38 B |
| EBITDA | 115.25 M | 3.9 B |
| Net Income | (4.44 M) | 570.98 M |
| Cash And Equivalents | 45 K | 2.7 B |
| Total Debt | 481.76 M | 5.32 B |
| Debt To Equity | 496.40 % | 48.70 % |
| Current Ratio | 0.75 X | 2.16 X |
| Book Value Per Share | (1.62) X | 1.93 K |
| Cash Flow From Operations | 137.47 M | 971.22 M |
| Short Ratio | 1.36 X | 4.00 X |
| Earnings Per Share | (0.11) X | 3.12 X |
| Price To Earnings To Growth | 12.84 X | 4.89 X |
| Target Price | 3.5 | |
| Beta | 2.22 | -0.15 |
| Market Capitalization | 103.74 M | 19.03 B |
| Total Asset | 509.38 M | 29.47 B |
| Retained Earnings | (9.54 M) | 9.33 B |
| Working Capital | 13.75 M | 1.48 B |
| Current Asset | 167.82 M | 9.34 B |
| Current Liabilities | 119.17 M | 7.9 B |
| Annual Yield | 0.01 % | |
| Five Year Return | 15.88 % |
Note: Acquisition by Robert Bondurant of 1602 shares of Martin Midstream at 2.6472 subject to Rule 16b-3 [view details]
Martin Midstream Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Martin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Martin Midstream Buy or Sell Advice
When is the right time to buy or sell Martin Midstream Partners? Buying financial instruments such as Martin Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 104.1M | 110.9M | 100.6M | 116.7M | Other Current Liabilities | 33.5M | 28.3M | 26.6M | 24.3M |
Use Investing Ideas to Build Portfolios
In addition to having Martin Midstream in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities ETFs Thematic Idea Now
Utilities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities ETFs Theme or any other thematic opportunities.
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Check out Martin Midstream Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Martin Stock analysis
When running Martin Midstream's price analysis, check to measure Martin Midstream'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 Martin Midstream is operating at the current time. Most of Martin Midstream's value examination focuses on studying past and present price action to predict the probability of Martin Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Midstream's price. Additionally, you may evaluate how the addition of Martin Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Martin Midstream'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 Martin Midstream. If investors know Martin 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 Martin Midstream 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 (0.84) | Dividend Share 0.02 | Earnings Share (0.11) | Revenue Per Share 18.931 | Quarterly Revenue Growth (0.26) |
The market value of Martin Midstream Partners is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Midstream's value that differs from its market value or its book value, called intrinsic value, which is Martin Midstream'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 Martin Midstream's market value can be influenced by many factors that don't directly affect Martin Midstream'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 Martin Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Midstream'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.