Marine Products Stock Today

MPX Stock  USD 9.47  0.11  1.18%   

Performance

2 of 100

 
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Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Marine Products is trading at 9.47 as of the 5th of October 2024; that is 1.18% increase since the beginning of the trading day. The stock's open price was 9.36. Marine Products has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Marine Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of August 2024 and ending today, the 5th of October 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
28th of February 2001
Category
Consumer Cyclical
Classification
Consumer Discretionary
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. The company has 34.72 M outstanding shares of which 342.34 K shares are now shorted by investors with about 7.35 days to cover. More on Marine Products

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Marine Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORichard Hubbell
Thematic Ideas
(View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, Recreation, Cars, Shipbuilding Railroad Equipment, Consumer Discretionary, Leisure Products, Recreational Vehicles, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Marine Products can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Marine Products' financial leverage. It provides some insight into what part of Marine Products' total assets is financed by creditors.
Liquidity
Marine Products has 297 K in debt with debt to equity (D/E) ratio of 0.0, which may show that the company is not taking advantage of profits from borrowing. Marine Products has a current ratio of 3.98, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Marine to invest in growth at high rates of return.

Begin Period Cash Flow

45.33 Million
Marine Products (MPX) is traded on New York Stock Exchange in USA. It is located in 2801 Buford Highway NE, Atlanta, GA, United States, 30329 and employs 690 people. Marine Products is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 328.78 M. Marine Products runs under Leisure Products sector within Consumer Discretionary industry. The entity has 34.72 M outstanding shares of which 342.34 K shares are now shorted by investors with about 7.35 days to cover. Marine Products has about 43.17 M in cash with 56.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
Check Marine Products Probability Of Bankruptcy
Ownership Allocation
Marine Products maintains a total of 34.72 Million outstanding shares. Marine Products secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.2 % of Marine Products outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Marine Ownership Details

Marine Stock Institutional Holders

InstituionRecorded OnShares
American Century Companies Inc2024-06-30
84.5 K
Ubs Group Ag2024-06-30
73.7 K
Renaissance Technologies Corp2024-06-30
68.6 K
Bb&t Corp.2024-06-30
54 K
Los Angeles Capital Management Llc2024-06-30
46.6 K
Strs Ohio2024-06-30
39.2 K
Synovus Financial Corp2024-06-30
35.7 K
Janney Montgomery Scott Llc2024-06-30
34.6 K
First Trust Advisors L.p.2024-06-30
34.1 K
Blackrock Inc2024-06-30
655.7 K
Dimensional Fund Advisors, Inc.2024-06-30
650.4 K
View Marine Products Diagnostics

Marine Products Historical Income Statement

At this time, Marine Products' Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 49.5 M in 2024, whereas Interest Expense is likely to drop slightly above 85.5 K in 2024. View More Fundamentals

Marine Stock Against Markets

Marine Products Corporate Directors

Pamela RollinsDirectorProfile
Bill DismukeIndependent DirectorProfile
James WilliamsIndependent DirectorProfile
Harry CynkusIndependent DirectorProfile

Additional Tools for Marine Stock Analysis

When running Marine Products' price analysis, check to measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.