How to Buy Marten Transport Stock
Marten Transport Ltd
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage.
Marten Transport stock last closed at $16.82, down 0.71% from the previous day, and has decreased 18.23% in one year. It has underperformed other stocks in the Trucking industry by 0.45 percentage points. Marten Transport stock is currently +9.72% from its 52-week low of $15.33, and -28.06% from its 52-week high of $23.38.
There are currently 81.32M MRTN shares outstanding. The market value of MRTN is $1.37B. In the last 24 hours, 510,599 MRTN shares were traded.
How to Buy Marten Transport Stock
Wondering how to invest in Marten Transport stock? Here's how.
- Figure out where to buy Marten Transport stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Marten Transport stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your information.
- Evaluate Marten Transport stock: The Marten Transport ticker symbol is MRTN. Is Marten Transport stock a good investment? Should you buy shares of MRTN? How do MRTN's underlying business fundamentals look? Do top analysts think Marten Transport is a good buy? Why has MRTN's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if MRTN is a good stock to buy).
- Make your MRTN purchase: Decide if you will purchase MRTN shares at the current market price or use a limit order to purchase MRTN shares at a particular price.
- Monitor your MRTN investment: Create a watchlist to track your position in Marten Transport shares.
Step 1: Figure out where to buy Marten Transport stock
You will need a brokerage account to access the NASDAQ market and buy MRTN stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to invest in MRTN stock today.
How to Create a New Account on eToro
- 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.
- Provide your personal data to open a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on the best stock broker app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing funds into your investment account.
Step 4: Evaluate Marten Transport stock
Once you have chosen the best place to buy Marten Transport stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk and opportunity.
Overview of key MRTN info
MRTN Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on MRTN's stock page.
Is MRTN stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge MRTN's fair value.
Using relative valuations measures:
- MRTN could be undervalued based on its P/E ratio of 19.33x, relative to Trucking industry P/E ratio of 48.19x
- MRTN could be undervalued based on its P/B ratio of 1.81x, relative to Trucking industry P/B ratio of 3.73x
- MRTN may be overvalued based on its PEG ratio of 4.94x
You can do more valuation analysis on MRTN's stock here.
A quick look at MRTN Financials
Signs that MRTN is financially healthy:
- MRTN has a low debt to equity ratio of 0.31.
- Total MRTN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the MRTN balance sheet.
- MRTN has cash burn of 8117000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the MRTN balance sheet.
- MRTN has $53.21M in cash and short term investments. This is sufficient to cover its annual cash burn of $8.12M.
Signs that MRTN is not financially healthy:
- MRTN profit margin has gone down from 8.7% to 6.2% in the past year.
Is it a good time to buy MRTN stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give ratings on MRTN, the consensus analyst rating on Marten Transport is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Marten Transport stock forecast page.
MRTN Momentum
How is MRTN performing as a company?
Last year, MRTN earnings were $70.37M. In the last five year, MRTN's earnings have grown by 5.36% per year. This was slower than the Trucking industry average of 8.32%.
Last year, MRTN revenue was $1.13B. Over the past five year, MRTN's revenue has increased by 7.51% per year. This was faster than the Trucking industry average of 5.78%.
You can research MRTN's earnings and revenue performance here.
Who is buying/selling MRTN?
Over the past year, executives and large shareholders at MRTN have sold more shares than they have bought.
Randall John Baier, Exec. VP Chief Tech. Officer of MRTN, was the latest MRTN insider to sell. They sold $13,371.06 worth of MRTN shares on Mar 12, 2024.
Get more info about who owns MRTN shares here.
Does MRTN provide a stable income stream?
Marten Transport pays a dividend of 1.43%, compared to the Trucking industry's average dividend yield of 1.02%. If you owned $1,000 worth of MRTN stock, you would have been paid $14.27 in the past year.
Marten Transport dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Marten Transport dividend yield and history here.
MRTN Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your MRTN purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, use a limit order.
Click the Open button and eToro will execute your order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your MRTN investment
Now that you own some shares in MRTN, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to keep track of your MRTN stock.
MRTN Feed
How to Buy Stock in Marten Transport
To summarize, here are the 6 steps for buying Marten Transport stock:
- Figure out where to buy Marten Transport stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Marten Transport stock
- Make your MRTN purchase
- Monitor your MRTN investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Marten Transport, click below.
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