How to Buy Marine Products Stock
Marine Products Corp
Marine Products is a recreational vehicle company located in Georgia, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MPX on the NYSE exchange.
Marine Products stock last closed at $11.09, up 3.16% from the previous day, and has decreased 24.81% in one year. It has underperformed other stocks in the Recreational Vehicles industry by 0.06 percentage points. Marine Products stock is currently +20.81% from its 52-week low of $9.18, and -37.73% from its 52-week high of $17.81.
At the moment, there are 34.68M shares of MPX outstanding. The market cap of MPX is $384.63M. In the last 24 hours, 74,933 MPX shares were traded.
How to Buy Marine Products Stock
Not sure how to invest in Marine Products stock? Here's how.
- Figure out where to buy Marine Products stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Marine Products stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your payment method and add your information.
- Evaluate Marine Products stock: The Marine Products ticker symbol is MPX. Is Marine Products stock a good investment? Should you buy shares of MPX? How do MPX's underlying business fundamentals look? Do top analysts think Marine Products is a good buy? Why has MPX's stock price moved recently? (Hint: Our stock market research tools can help you decide if MPX is a good stock to buy).
- Make your MPX buy order: Decide if you will purchase MPX shares at the current market price or use a limit order to buy MPX shares at a particular price.
- Get notifications regarding your investment in MPX: Create a watchlist to monitor your position in Marine Products shares.
Step 1: Figure out where to buy Marine Products stock
You need an online brokerage account in order to access the NYSE market and buy MPX shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can buy MPX today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your investment account
Now that you have opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your investment account.
Step 4: Evaluate Marine Products stock
Once you have selected the best place to buy Marine Products stock, it's important to evaluate their stock before you invest, so you actually wrap your head around the risk and upside.
Marine Products Numbers
Marine Products Zen Score
WallStreetZen was built to help everyday investors do better fundamental analysis in less time.
You can see all of the due diligence checks on MPX's stock page.
What is the fair value of MPX stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MPX's intrinsic value.
Using relative valuations methods:
- MPX could be undervalued based on its P/E ratio of 10.98x, relative to Recreational Vehicles industry P/E ratio of 14.61x
- MPX may be overvalued based on its P/B ratio of 2.54x, relative to Recreational Vehicles industry P/B ratio of 2.03x
- MPX could be overvalued based on its PEG ratio of 3.76x
You can do additional valuation research on MPX's stock here.
Is MPX a healthy company?
Positive Financial Indicators:
- MPX earnings of $42.46M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the MPX balance sheet.
- MPX has a low debt to equity ratio of 0.35.
- MPX's operating cash flow of $45.82M allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the MPX balance sheet.
- Total MPX debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- MPX profit margin has gone down from 10.6% to 10.4% in the past year.
MPX Momentum
Is MPX Growing Revenue?
Last year, MPX earnings were $34.74M. During the last 5 year, MPX's earnings have increased by 4% per year. This was slower than the Recreational Vehicles industry average of 9.56%.
Last year, MPX revenue was $334.16M. Over the last 5 year, MPX's revenue has increased by 1.9% per year. This was slower than the Recreational Vehicles industry average of 8.15%.
Learn more about MPX's earnings and revenue performance here.
Latest Insiders Trades at MPX
Over the past year, executives and large shareholders at MPX have sold more shares than they have bought.
Richard A. Hubbell, Executive Chairman of Board of MPX, was the latest MPX insider to sell. They sold $36,832.32 worth of MPX stock on Jan 26, 2024.
Dig into more about who owns MPX stock here.
Can I rely on MPX as an income stream?
Marine Products pays a dividend of 5.05%, compared to the Recreational Vehicles industry's average dividend yield of 2.62%. If you owned $1,000 of MPX stock, you would have been paid $50.50 in the past 12 months.
Marine Products dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Marine Products dividend yield and history here.
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Step 5: Make your MPX buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you need additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in MPX
Now that you own some MPX stock, you'll want to keep up with your new investment.
Make a watchlist to get notified of important updates regarding your MPX stock.
MPX Feed
How to Buy Stock in Marine Products
To reiterate, here are the 6 steps to buy Marine Products stock:
- Figure out where to buy Marine Products stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Marine Products stock
- Make your MPX buy order
- Get notifications regarding your investment in MPX
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Marine Products, get started below.
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