$0.16 EPS Expected for Marine Products Corporation (MPX)

January 18, 2018 - By Migdalia James

 $0.16 EPS Expected for Marine Products Corporation (MPX)
Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.36, from 1.04 in 2017Q2. It turned negative, as 6 investors sold Marine Products Corporation shares while 19 reduced holdings. 8 funds opened positions while 9 raised stakes. 5.19 million shares or 1.08% less from 5.24 million shares in 2017Q2 were reported.
California State Teachers Retirement Systems holds 0% or 12,904 shares in its portfolio. Rhumbline Advisers accumulated 12,129 shares. Moreover, Dimensional Fund Advsr Limited Partnership has 0% invested in Marine Products Corporation (NYSE:MPX) for 591,374 shares. Royal Bancshares Of Canada holds 0% or 636 shares. Tower Research Cap Ltd Liability Corporation (Trc) has invested 0% in Marine Products Corporation (NYSE:MPX). Hillsdale Inv Mngmt holds 0.18% or 65,794 shares. Gamco Invsts Inc Et Al has invested 0.11% in Marine Products Corporation (NYSE:MPX). 389,397 were reported by Vanguard Group Inc. Ny State Common Retirement Fund holds 0% of its portfolio in Marine Products Corporation (NYSE:MPX) for 9,800 shares. Millennium Management Lc, New York-based fund reported 47,568 shares. Seizert Cap Limited Company has invested 0.08% in Marine Products Corporation (NYSE:MPX). 51,168 were accumulated by Zacks Invest Management. Blackrock, New York-based fund reported 558,279 shares. Moreover, Bancorp Of America Corporation De has 0% invested in Marine Products Corporation (NYSE:MPX) for 7,728 shares. Tiaa Cref Ltd Com has invested 0% of its portfolio in Marine Products Corporation (NYSE:MPX).

Analysts expect Marine Products Corporation (NYSE:MPX) to report $0.16 EPS on January, 24.They anticipate $0.06 EPS change or 60.00 % from last quarter’s $0.1 EPS. MPX’s profit would be $5.56 million giving it 20.75 P/E if the $0.16 EPS is correct. After having $0.13 EPS previously, Marine Products Corporation’s analysts see 23.08 % EPS growth. The stock decreased 1.56% or $0.21 during the last trading session, reaching $13.28. About 1,240 shares traded. Marine Products Corporation (NYSE:MPX) has risen 59.03% since January 18, 2017 and is uptrending. It has outperformed by 42.33% the S&P500.

Marine Products Corporation designs, makes, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, sport yacht, jet boat, and sport fishing markets worldwide. The company has market cap of $461.83 million. It provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex Jet Boats, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. It has a 23.8 P/E ratio. The firm sells its products to a network of 147 domestic and 90 international independent authorized dealers.

More news for Marine Products Corporation (NYSE:MPX) were recently published by: Theatlantic.com, which released: “The Marine Photo Scandal and the Cost of Indifference” on March 27, 2017. Marketwatch.com‘s article titled: “Marine Products Corp.” and published on December 21, 2009 is yet another important article.

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.