Analysts See $0.36 EPS for Martin Midstream Partners L.P. (MMLP)

February 20, 2018 - By Adrian Mccoy

 Analysts See $0.36 EPS for Martin Midstream Partners L.P. (MMLP)
Investors sentiment decreased to 0.71 in 2017 Q3. Its down 0.04, from 0.75 in 2017Q2. It is negative, as 7 investors sold Martin Midstream Partners L.P. shares while 24 reduced holdings. 8 funds opened positions while 14 raised stakes. 11.75 million shares or 1.97% less from 11.99 million shares in 2017Q2 were reported.
Moreover, Texas Yale Capital Corporation has 0.05% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 33,850 shares. 29,959 are owned by Royal Bank & Trust Of Canada. Salient Cap Advisors Limited Company has 0.06% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 172,877 shares. Moreover, Bessemer Group Inc Inc has 0% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP). Citigroup has invested 0% in Martin Midstream Partners L.P. (NASDAQ:MMLP). Rafferty Asset Mgmt Limited Liability Corporation owns 143,528 shares for 0.05% of their portfolio. Bollard Group has invested 0.05% in Martin Midstream Partners L.P. (NASDAQ:MMLP). 3,859 are held by Bnp Paribas Arbitrage. Van Eck Corp owns 0.01% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 66,049 shares. 10,160 are held by Yorkville Capital Management Limited Co. Hite Hedge Asset Management Llc accumulated 0.78% or 194,525 shares. 2,941 were reported by Gp One Trading L P. Moreover, Credit Suisse Ag has 0% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 11,015 shares. Envestnet Asset Mgmt Inc has invested 0% in Martin Midstream Partners L.P. (NASDAQ:MMLP). California-based Wells Fargo & Mn has invested 0% in Martin Midstream Partners L.P. (NASDAQ:MMLP).

Since January 11, 2018, it had 2 insider purchases, and 0 sales for $22,877 activity. $16,362 worth of Martin Midstream Partners L.P. (NASDAQ:MMLP) was bought by MARTIN RUBEN S on Thursday, January 11.

Analysts expect Martin Midstream Partners L.P. (NASDAQ:MMLP) to report $0.36 EPS on February, 21.They anticipate $0.13 EPS change or 26.53 % from last quarter’s $0.49 EPS. MMLP’s profit would be $13.84 million giving it 11.28 P/E if the $0.36 EPS is correct. After having $-0.18 EPS previously, Martin Midstream Partners L.P.’s analysts see -300.00 % EPS growth. The stock decreased 2.40% or $0.4 during the last trading session, reaching $16.25. About 154,822 shares traded. Martin Midstream Partners L.P. (NASDAQ:MMLP) has declined 14.95% since February 20, 2017 and is downtrending. It has underperformed by 31.65% the S&P500.

Martin Midstream Partners L.P. (NASDAQ:MMLP) Ratings Coverage

Among 6 analysts covering Martin Midstream Partners LP (NASDAQ:MMLP), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Martin Midstream Partners LP had 17 analyst reports since September 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, September 14 by Stifel Nicolaus. The rating was maintained by Robert W. Baird on Tuesday, August 22 with “Hold”. Stifel Nicolaus maintained it with “Hold” rating and $17.0 target in Thursday, October 26 report. FBR Capital maintained Martin Midstream Partners L.P. (NASDAQ:MMLP) on Friday, October 28 with “Outperform” rating. B. Riley & Co maintained it with “Buy” rating and $18 target in Tuesday, December 19 report. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) has “Buy” rating given on Tuesday, December 6 by Stifel Nicolaus. The rating was initiated by Janney Capital with “Neutral” on Friday, September 16. The rating was maintained by RBC Capital Markets on Friday, July 28 with “Hold”. On Tuesday, October 27 the stock rating was maintained by FBR Capital with “Outperform”. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, July 6.

Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company has market cap of $624.73 million. The company's Terminalling and Storage segment owns or operates 26 marine shore 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. It has a 38.42 P/E ratio. This segment also offers land rental services to gas and oil companies, as well as storage and handling services for lubricants and fuels.

More notable recent Martin Midstream Partners L.P. (NASDAQ:MMLP) news were published by: Marketwatch.com which released: “Martin Midstream Partners LP” on December 06, 2016, also Seekingalpha.com with their article: “Martin Midstream Partners Should Cut The Distribution” published on December 19, 2017, Seekingalpha.com published: “Martin Midstream Partners’ (MMLP) CEO Ruben Martin on Q4 2017 Results …” on February 15, 2018. More interesting news about Martin Midstream Partners L.P. (NASDAQ:MMLP) were released by: Globenewswire.com and their article: “Martin Midstream Partners Reports 2017 Fourth Quarter Financial Results” published on February 14, 2018 as well as Seekingalpha.com‘s news article titled: “Follow Management And Go For The At Least 15% Yield Of Martin Midstream …” with publication date: October 04, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.