Marine Products Corp (NYSE: MPX) has reported E.P.S. of $0.13 for its first fiscal quarter (ending March 31) versus $0.34 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.01 compared to $1.32 a year ago.
Recent Price Action
Marine Products Corp (NYSE: MPX) stock closed at $11.25 on 4/25/24 after an increase of 1.4%. NORMAL trading volume accompanied the advance. The stock has risen 5.1% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MPX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Marine Products has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Marine Products has a neutral Appreciation Score of 55 but a very low Power Rating of 14, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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