Marten Transport Intrinsic Value Calculator – MARTEN TRANSPORT Reports Q2 FY2023 Earnings Results as of June 30 2023
July 26, 2023
🌥️Earnings Overview
On July 19 2023, MARTEN TRANSPORT ($NASDAQ:MRTN) revealed its financial results for the second quarter of FY2023, which ended June 30 2023. Revenue for the quarter was USD 285.7 million, a 13.3% drop compared to the same period in the prior year. Meanwhile, net income decreased by 30.9% to USD 21.9 million year-on-year.
Price History
On Wednesday, MARTEN TRANSPORT reported its earnings results for the second quarter of fiscal year 2023 that ended on June 30 2023. MARTEN TRANSPORT stock opened at $21.2 and closed at $21.5, signaling a 1.3% increase from the previous closing price of $21.2. Overall, the company reported strong financial results for the second quarter of fiscal year 2023. The stock price was also seen to have increased slightly from the previous closing price, signaling a positive market sentiment towards the company’s performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Marten Transport. More…
| Total Revenues | Net Income | Net Margin |
| 1.23k | 95.54 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Marten Transport. More…
| Operations | Investing | Financing |
| 219.02 | -188.59 | -18.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Marten Transport. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1k | 264.06 | 9.11 |
Key Ratios Snapshot
Some of the financial key ratios for Marten Transport are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.6% | 15.3% | 9.0% |
| FCF Margin | ROE | ROA |
| 8.2% | 9.5% | 6.9% |
Analysis – Marten Transport Intrinsic Value Calculator
At GoodWhale, we have performed an analysis of MARTEN TRANSPORT‘s financials. Our proprietary Valuation Line has determined that the fair value of MARTEN TRANSPORT share is around $22.0. Currently, MARTEN TRANSPORT stock is being traded at $21.5, meaning the stock is fairly priced and undervalued by 2.1%. More…
Peers
The trucking industry is highly competitive, with Marten Transport Ltd competing against P.A.M. Transportation Services Inc, Heartland Express Inc, and Saia Inc. All of these companies are vying for market share in the trucking industry, and each company has its own strengths and weaknesses.
– P.A.M. Transportation Services Inc ($NASDAQ:PTSI)
P.A.M. Transportation Services Inc is a trucking company that operates in the United States, Mexico, and Canada. The company has a market cap of 633.44M as of 2022 and a Return on Equity of 31.87%. P.A.M. Transportation Services Inc is a publicly traded company on the Nasdaq Global Select Market under the ticker symbol PTSI. The company was founded in 1980 and is headquartered in Tontitown, Arkansas.
– Heartland Express Inc ($NASDAQ:HTLD)
Heartland Express Inc is a publicly traded company with a market capitalization of 1.3 billion as of 2022. The company’s return on equity is 16.4%. Heartland Express is a trucking company that operates in the United States, Canada, and Mexico. The company offers a variety of services, including transportation of general commodities, refrigerated goods, and hazardous materials. Heartland Express also provides logistics services, such as warehousing and distribution.
– Saia Inc ($NASDAQ:SAIA)
Saia Inc. is a leading transportation and logistics company with a focus on regional shipping. The company operates through a network of terminals and intermodal facilities across the United States. Saia Inc. has a market cap of 6.11B as of 2022 and a return on equity of 20.38%. The company has a strong focus on regional shipping and operates through a network of terminals and intermodal facilities across the United States.
Summary
MARTEN TRANSPORT reported their second quarter of FY2023 earnings on July 19th 2023. The company revealed a 13.3% decrease in total revenue, totaling USD 285.7 million. Net income was similarly affected with a 30.9% decrease compared to the same period last year, amounting to USD 21.9 million.
This could be troubling news for investors in MARTEN TRANSPORT as the company’s financials appear to be going in the wrong direction. Analysists will need to closely watch the stock price, as well as the financial performance of the company going forward, in order to make informed decisions and ensure a successful investment.
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