Marine Stock Today

MPX
 Stock
  

USD 9.00  0.23  2.62%   

Market Performance
0 of 100
Odds Of Distress
Less than 40
Marine Products is trading at 9.00 as of the 29th of June 2022; that is 2.62 percent up since the beginning of the trading day. The stock's open price was 8.77. Marine Products has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Marine Products Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
568427108
Fiscal Year End
December
Business Domain
Consumer Durables & Apparel
IPO Date
28th of February 2001
Category
Consumer Cyclical
Classification
Consumer Discretionary
ISIN
US5684271084
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. The company has 33.99 M outstanding shares of which 204.66 K shares are now shorted by investors with about 12.34 days to cover. More on Marine Products Corp

Moving together with Marine Products

0.61CWHCamping World Holdings Normal TradingPairCorr
0.64MCFTMcbc Holdings Fiscal Year End 1st of September 2022 PairCorr

Moving against Marine Products

0.67AUVIApplied Uv Normal TradingPairCorr

Marine Products Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Marine Products' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Marine Products or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Marine Products Corp generated a negative expected return over the last 90 days
Marine Products Corp has high historical volatility and very poor performance
Marine Products Corp has about 13.62 M in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Roughly 75.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.taipeitimes.com: Taiwan Business Quick Take -
CEORichard Hubbell
SEC FilingsMarine Products Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Marine Products report their recommendations after researching Marine Products' financial statements, talking to executives and customers, or listening in on Marine Products' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Marine Products Corp. The Marine consensus assessment is calculated by taking the average forecast from all of the analysts covering Marine Products.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Marine Products Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Marine Products Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares33.2 M34 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted40.8 M38.2 M
Notably Up
Decreasing
Very volatile
Net Cash Flow from Operations469 K457 K
Fairly Up
Increasing
Stable
Total Assets131.4 M132.8 M
Fairly Down
Increasing
Slightly volatile
Total Liabilities32.3 M34.3 M
Notably Down
Increasing
Slightly volatile
Current Assets82.5 M93.1 M
Fairly Down
Increasing
Slightly volatile
Current Liabilities18.8 M18.1 M
Sufficiently Up
Increasing
Slightly volatile
Return on Average Assets0.20.215
Significantly Down
Increasing
Slightly volatile
Gross Margin0.240.229
Sufficiently Up
Increasing
Slightly volatile
Asset Turnover2.322.211
Sufficiently Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Marine Products' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Marine Products Corp (MPX) is traded on New York Stock Exchange in USA. It is located in 2801 Buford Highway NE and employs 880 people. Marine Products is listed under Shipbuilding Railroad Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 311.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Marine Products's market, we take the total number of its shares issued and multiply it by Marine Products's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Marine Products Corp runs under Consumer Cyclical sector within Recreational Vehicles industry. The entity has 33.99 M outstanding shares of which 204.66 K shares are now shorted by investors with about 12.34 days to cover. Marine Products Corp has about 13.62 M in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Marine Products Probability Of Bankruptcy
Ownership
Marine Products Corp holds a total of 33.99 Million outstanding shares. Marine Products Corp secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 75.37 % of Marine Products Corp outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Marine Ownership Details

Marine Stock Price Odds Analysis

What are Marine Products' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Marine Products jumping above the current price in 90 days from now is under 95%. The Marine Products Corp probability density function shows the probability of Marine Products stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2402. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Marine Products will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Marine Products Corp is significantly underperforming DOW.
  Odds Below 9.0HorizonTargetOdds Above 9.0
5.14%90 days
 9.00 
94.82%
Based on a normal probability distribution, the odds of Marine Products to move above the current price in 90 days from now is under 95 (This Marine Products Corp probability density function shows the probability of Marine Stock to fall within a particular range of prices over 90 days) .

Marine Products Historical Income Statement

Marine Products Corp Income Statement is one of the three primary financial statements used for reporting Marine's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Marine Products Corp revenue and expense. Marine Products Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Weighted Average Shares Diluted is likely to rise to about 40.8 M in 2022, whereas Direct Expenses is likely to drop slightly above 156.2 M in 2022. View More Fundamentals

Marine Stock Against Markets

Picking the right benchmark for Marine Products stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Marine Products stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Marine Products is critical whether you are bullish or bearish towards Marine Products Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Marine Products without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Marine Products Corporate Directors

Marine Products corporate directors refer to members of a Marine Products board of directors. The board of directors generally takes responsibility for the Marine Products' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Marine Products' board members must vote for the resolution. The Marine Products board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Pamela Rollins - DirectorProfile
Bill Dismuke - Independent DirectorProfile
James Williams - Independent DirectorProfile
Harry Cynkus - Independent DirectorProfile

Investing Marine Products Corp

You need to understand the risk of investing before taking a position in Marine Products. The danger of trading Marine Products Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Marine Products is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Marine Products. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Marine Products Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Marine Products Corp information on this page should be used as a complementary analysis to other Marine Products' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Marine Stock analysis

When running Marine Products Corp price analysis, check to measure Marine Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.
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Is Marine Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marine Products. If investors know Marine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marine Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.13
Market Capitalization
299.4 M
Quarterly Revenue Growth YOY
-0.022
Return On Assets
0.18
Return On Equity
0.29
The market value of Marine Products Corp is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine Marine Products value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.