News articles about Martin Midstream Partners L.P. (NASDAQ:MMLP) have trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Martin Midstream Partners L.P. earned a news impact score of 0.09 on AlphaOne’s scale. AlphaOne also gave headlines about the pipeline company an impact score of 32 out of 100, indicating that recent press coverage is unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted AlphaOne Sentiment Analysis’s scoring:
- CONE Midstream Partners LP (NYSE:CNNX) Update on QI & Valuation (nolopodrasdejardever.com)
- As Martin Midstream Ptnr LP (MMLP) Market Value Declined, Adams Asset Advisors Has Lifted by $686682 Its Stake … – FlintDaily.com (flintdaily.com)
- Following Martin Midstream Partners LP (MMLP)’s Indicators & Metrics – Bulletin News (orobulletin.com)
- Martin Midstream Partners LP (NasdaqGS:MMLP): Dividend Growth in the Spotlight – Geneva Journal (genevajournal.com)
- Martin Midstream Partners LP (MMLP) Moving 1.03% in Session – Stock Daily Review (stockdailyreview.com)
Shares of Martin Midstream Partners L.P. (NASDAQ MMLP) traded up 0.85% during mid-day trading on Friday, reaching $17.90. The company had a trading volume of 100,862 shares. Martin Midstream Partners L.P. has a one year low of $15.58 and a one year high of $25.38. The stock has a 50 day moving average of $18.73 and a 200-day moving average of $18.68. The firm has a market capitalization of $688.29 million, a price-to-earnings ratio of 25.90 and a beta of 1.46.
Martin Midstream Partners L.P. (NASDAQ:MMLP) last issued its quarterly earnings results on Wednesday, April 26th. The pipeline company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.10. Martin Midstream Partners L.P. had a net margin of 3.43% and a return on equity of 8.89%. The company had revenue of $253.33 million during the quarter, compared to analysts’ expectations of $229.84 million. During the same period last year, the company posted $0.33 EPS. Martin Midstream Partners L.P.’s revenue was up 12.3% on a year-over-year basis. Equities analysts predict that Martin Midstream Partners L.P. will post $0.45 EPS for the current year.
A number of equities research analysts recently commented on MMLP shares. Zacks Investment Research upgraded Martin Midstream Partners L.P. from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, May 30th. Royal Bank of Canada reiterated a “hold” rating and issued a $22.00 price objective on shares of Martin Midstream Partners L.P. in a research report on Tuesday, May 23rd. FBR & Co reiterated a “buy” rating and issued a $24.00 price objective on shares of Martin Midstream Partners L.P. in a research report on Monday, May 1st. Finally, Stifel Nicolaus lowered Martin Midstream Partners L.P. from a “buy” rating to a “hold” rating and set a $20.00 price objective on the stock. in a research report on Friday, April 28th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $21.60.
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Martin Midstream Partners L.P. Company Profile
Martin Midstream Partners L.P. is a limited partnership with a set of operations focused in the United States Gulf Coast region. The Company’s four business lines include terminalling and storage services for petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of finished lubricants; natural gas services, including liquids transportation and distribution services, and natural gas storage; sulfur and sulfur-based products processing, manufacturing, marketing and distribution, and marine transportation services for petroleum products and by-products.
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