MARTEN TRANSPORT LTD stock forecast: up to 18.49 USD MRTN stock price prognosis

STOCK

Forecast for Thu 23 May 2024 price 18.49

MARTEN TRANSPORT LTD stock price forecast for further price development up to 0.35% (time horizon: 1 day) and price target of 18.49 USD. Short-term (time horizon: 2 weeks) MARTEN TRANSPORT LTD share price prediction for 2024-05-23 with daily closed price projections

Key Facts

Symbol MRTN 

ISIN US5730751089 

CUSIP 573075108


Currency USD


Category Trucking (No Local)

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 878,774,000.0


Earnings per share 0.89


Dividends 0.65

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

The fair value of unit award shares that vested in 2020 was $1.3 million. SELECTED FINANCIAL DATA      15 ITEM 7. In 2020, we generated $874.4 million in operating revenue. In 2020, our average length of haul was 404 miles. &# Our agreements with customers are typically for one year. &# We primarily pay company-employed drivers a fixed rate per mile. We reserve currently for anticipated losses and expenses. All testing violations must also be reported to the clearinghouse. The rate was at least 25% previously. The FMCSA expects to issue proposed regulations in 2021. &# As a result, our insurance and claims expense has increased. We currently expect to continue to pay quarterly cash dividends in the future. The repurchase program does not have an expiration date. &# We did not repurchase any shares in 2019. xa0; Generally, we are paid by the mile for our Truckload and Dedicated services. We retain the billing, collection and customer management responsibilities. xa0;   - We provide hand sanitizer and masks to all of our employees. Salaries, wages and benefits expense increased $26.0 million, or 9.5%, in 2020 from 2019. xa0; Gain on disposition of facility was $1.7 million in 2020. At December 31, 2020, there was no outstanding principal balance on the facility. We were in compliance with all covenants at December 31, 2020 and 2019. &# We bear the primary risk of loss in the event of cargo claims by our customers. We believe that our policies and past estimates have been reasonable. Actual results could differ from these current estimates. xa0; Share-based Payment Arrangement Compensation. xa0; 36       MARTEN TRANSPORT, LTD. All intercompany accounts and transactions are eliminated upon consolidation. &# We have not experienced any losses in such accounts. &# We review the adequacy of our allowance for doubtful accounts monthly. Initial payments by new customers are monitored for compliance with contractual terms. Maintenance and repair expenditures are charged to operations. Accelerated methods are used for income tax reporting purposes. See Note 17 for more information. &# These estimates are primarily related to insurance and claims accruals and depreciation. Ultimate results could differ from these estimates. &# We did not have any accounts payable to that company as of December 31, 2020 or 2019. &# We have no reason to believe that its future volatility will differ from the past. &# All payments were made in shares of our common stock. All awards granted in 2015 vested from December 31, 2015 through 2019. &# The termination is effective May 5, 2021. &# The purchases are made at the market price on the open market. 2016-13, Measurement of Credit Losses on Financial Instruments, as of January 1, 2020. License Fees Member [Member] License fees member member. Tire Purchases [Member] Represents information pertaining to tire purchases. M8GDA@2-BI-\\"5)4XR B__)]\'_"W?$\'_1+?\'?_@7H MO_R?0!W=%B_\\ R?1_PMWQ!_T2WQW_ .!B_\\ R?0! O.-BD\\Y"_TB^-?!.C?$KPCJ.@(M(TS7]!UBWT MO]-U*U2ZM+Z%QAXI8I 4=&!(*L"". MV\\_ GQ__ &D?%OPE_:ZU"S\\5?M":CX1N?

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/799167/000143774921004453/0001437749-21-004453.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 65.10/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 83373
A - OSAIC HOLDINGS, INC. 2023-06-30 6206
Aurora Investment Counsel 2023-03-31 69931
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 49109
MetLife Investment Management, LLC 2022-12-31 32340

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Voya Equity Trust 2023-11-30 355883 Long
Voya Equity Trust 2023-11-30 36354 Long
Prudential Jennison Blend Fund, Inc. 2023-11-30 32953 Long
SCHWAB STRATEGIC TRUST 2023-11-30 243266 Long
SCHWAB STRATEGIC TRUST 2023-11-30 1471 Long


Bollinger Bollinger Bands for MARTEN TRANSPORT LTD can provide the information where the market is moving based on price information.


MARTEN TRANSPORT LTD Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns MARTEN TRANSPORT LTD.


On-Balance Volume information for MARTEN TRANSPORT LTD. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for MARTEN TRANSPORT LTD. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for MARTEN TRANSPORT LTD. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for MARTEN TRANSPORT LTD. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for MARTEN TRANSPORT LTD. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for MARTEN TRANSPORT LTD. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for MARTEN TRANSPORT LTD. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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MARTEN TRANSPORT LTD on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-22 18.49 2024-03-28 08:17
2024-05-23 18.49 2024-03-28 08:17
2024-05-20 18.50 2024-03-28 08:17
2024-05-21 18.49 2024-03-28 08:17
2024-04-02 18.48 2024-03-28 08:17
2024-04-08 18.53 2024-03-28 08:17
2024-04-09 18.53 2024-03-28 08:17
2024-04-24 18.50 2024-03-28 08:17
2024-04-19 18.50 2024-03-28 08:17
2024-04-22 18.50 2024-03-28 08:17
2024-05-13 18.50 2024-03-28 08:17
2024-05-14 18.50 2024-03-28 08:17
2024-05-15 18.50 2024-03-28 08:17
2024-04-10 18.53 2024-03-28 08:17
2024-04-11 18.50 2024-03-28 08:17
2024-04-12 18.53 2024-03-28 08:17
2024-05-16 18.50 2024-03-28 08:17
2024-04-25 18.50 2024-03-28 08:17
2024-04-04 18.52 2024-03-28 08:17
2024-04-15 18.50 2024-03-28 08:17
2024-04-16 18.51 2024-03-28 08:17
2024-04-17 18.50 2024-03-28 08:17
2024-04-26 18.50 2024-03-28 08:17
2024-04-05 18.50 2024-03-28 08:17
2024-05-06 18.50 2024-03-28 08:17
2024-05-07 18.50 2024-03-28 08:17
2024-05-08 18.50 2024-03-28 08:17
2024-05-09 18.50 2024-03-28 08:17
2024-04-01 18.48 2024-03-28 08:17
2024-04-03 18.48 2024-03-28 08:17
2024-04-18 18.51 2024-03-28 08:17
2024-04-23 18.50 2024-03-28 08:17
2024-05-01 18.50 2024-03-28 08:17
2024-05-02 18.50 2024-03-28 08:17
2024-05-03 18.50 2024-03-28 08:17
2024-04-29 18.50 2024-03-28 08:17
2024-04-30 18.50 2024-03-28 08:17
2024-05-17 18.49 2024-03-28 08:17
2024-05-10 18.50 2024-03-28 08:17

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.