Martin Midstream Partners (MMLP) – Investment Analysts’ Weekly Ratings Changes

Share on StockTwits

Several analysts have recently updated their ratings and price targets for Martin Midstream Partners (NASDAQ: MMLP):

  • 4/17/2019 – Martin Midstream Partners was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Martin Midstream is a limited partnership which stores and transports hydrocarbon products and specialty chemicals, primarily in the Gulf Coast. It runs a marine transportation business, mostly barges and tugs, and operates storage tanks. “
  • 4/16/2019 – Martin Midstream Partners was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 4/5/2019 – Martin Midstream Partners was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 4/1/2019 – Martin Midstream Partners was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 3/29/2019 – Martin Midstream Partners was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 3/20/2019 – Martin Midstream Partners was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 3/1/2019 – Martin Midstream Partners was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

Shares of Martin Midstream Partners stock opened at $9.57 on Thursday. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.91 and a quick ratio of 1.07. Martin Midstream Partners L.P. has a 1-year low of $9.13 and a 1-year high of $16.20. The stock has a market cap of $403.00 million, a price-to-earnings ratio of -50.37 and a beta of 1.28.

A number of institutional investors have recently modified their holdings of the business. Sippican Capital Advisors purchased a new stake in shares of Martin Midstream Partners during the first quarter valued at approximately $189,000. Virtu Financial LLC purchased a new stake in Martin Midstream Partners in the first quarter worth approximately $418,000. Geode Capital Management LLC boosted its holdings in Martin Midstream Partners by 97.1% in the fourth quarter. Geode Capital Management LLC now owns 44,483 shares of the pipeline company’s stock worth $457,000 after purchasing an additional 21,909 shares during the last quarter. Jane Street Group LLC purchased a new stake in Martin Midstream Partners in the fourth quarter worth approximately $109,000. Finally, Barclays PLC boosted its holdings in Martin Midstream Partners by 124.5% in the fourth quarter. Barclays PLC now owns 15,162 shares of the pipeline company’s stock worth $156,000 after purchasing an additional 8,408 shares during the last quarter. Hedge funds and other institutional investors own 25.74% of the company’s stock.

Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 19 marine shore-based terminal facilities and 14 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products.

Read More: What is the strike price in options trading?

Receive News & Ratings for Martin Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martin Midstream Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Soarcoin  Hits Market Cap of $1.73 Million
Soarcoin Hits Market Cap of $1.73 Million
Interstellar Holdings  Hits Market Cap of $1.74 Million
Interstellar Holdings Hits Market Cap of $1.74 Million
Brokerages Expect Aquabounty Technologies Inc  Will Announce Quarterly Sales of $250,000.00
Brokerages Expect Aquabounty Technologies Inc Will Announce Quarterly Sales of $250,000.00
Neblio 24 Hour Trading Volume Tops $843,624.00
Neblio 24 Hour Trading Volume Tops $843,624.00
Maker  Market Cap Reaches $680.31 Million
Maker Market Cap Reaches $680.31 Million
Zacks: Liberty Braves Group Series A  Given $43.00 Average Price Target by Brokerages
Zacks: Liberty Braves Group Series A Given $43.00 Average Price Target by Brokerages


© 2006-2019 Ticker Report