Marine Products (NYSE:MPX - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect Marine Products to post earnings of $0.05 per share and revenue of $46,300.00 billion for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Marine Products (NYSE:MPX - Get Free Report) last issued its earnings results on Thursday, October 24th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $49.85 million for the quarter. Marine Products had a net margin of 7.32% and a return on equity of 13.55%. During the same period in the prior year, the company earned $0.30 earnings per share. On average, analysts expect Marine Products to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Marine Products Trading Up 2.8 %
NYSE MPX traded up $0.25 on Thursday, hitting $9.21. 34,778 shares of the company were exchanged, compared to its average volume of 30,884. The company has a market cap of $319.67 million, a PE ratio of 17.38 and a beta of 1.23. Marine Products has a 12 month low of $8.67 and a 12 month high of $12.47. The stock has a fifty day moving average of $9.41 and a 200-day moving average of $9.56.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Marine Products from a "hold" rating to a "buy" rating in a research note on Thursday, January 16th.
Get Our Latest Analysis on MPX
Marine Products Company Profile
(
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Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats.
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