Marine Products Corp. (MPX) EPS Estimated At $0.15

July 18, 2017 - By Maria Brooks

 Marine Products Corp. (MPX) EPS Estimated At $0.15
Investors sentiment decreased to 0.7 in 2016 Q4. Its down 0.80, from 1.5 in 2016Q3. It worsened, as 9 investors sold Marine Products Corp. shares while 21 reduced holdings. 8 funds opened positions while 13 raised stakes. 5.10 million shares or 33.55% less from 7.67 million shares in 2016Q3 were reported.
Capital Guardian Tru Co holds 250 shares or 0% of its portfolio. Northern Trust holds 141,961 shares. Denali Advsr Lc reported 0% in Marine Products Corp. (NYSE:MPX). Wells Fargo And Com Mn has 0% invested in Marine Products Corp. (NYSE:MPX) for 7,566 shares. Royal Commercial Bank Of Canada owns 603 shares or 0% of their US portfolio. Vanguard Gru holds 313,906 shares. Blackrock Group Inc reported 0% of its portfolio in Marine Products Corp. (NYSE:MPX). First Allied Advisory Services holds 11,487 shares. Citigroup holds 0% or 7,618 shares. Teton Advisors invested in 805,000 shares or 1.12% of the stock. Blackrock Fund Advsrs reported 0% of its portfolio in Marine Products Corp. (NYSE:MPX). Blackrock holds 5,623 shares or 0% of its portfolio. California State Teachers Retirement Sys holds 22,204 shares or 0% of its portfolio. Deutsche Savings Bank Ag holds 0% of its portfolio in Marine Products Corp. (NYSE:MPX) for 27,481 shares. Goldman Sachs Grp invested 0% in Marine Products Corp. (NYSE:MPX).

Since May 16, 2017, it had 1 insider purchase, and 3 selling transactions for $233,761 activity. Shares for $35,676 were sold by PALMER BEN M.

Analysts await Marine Products Corp. (NYSE:MPX) to report earnings on July, 26. They expect $0.15 EPS, up 15.38 % or $0.02 from last year’s $0.13 per share. MPX’s profit will be $5.25M for 25.67 P/E if the $0.15 EPS becomes a reality. After $0.15 actual EPS reported by Marine Products Corp. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock decreased 2.90% or $0.46 during the last trading session, reaching $15.4. About 19,930 shares traded. Marine Products Corp. (NYSE:MPX) has risen 59.03% since July 18, 2016 and is uptrending. It has outperformed by 42.33% the S&P500.

Marine Products Corporation manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The company has market cap of $539.36 million. The Firm designs, makes and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. It has a 31.39 P/E ratio. The Company’s product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats.

More notable recent Marine Products Corp. (NYSE:MPX) news were published by: Seekingalpha.com which released: “Marine Products: There Are Better Boat Plays Out There” on March 23, 2017, also Prnewswire.com with their article: “Marine Products Corporation Announces Tender Offer Proration Results” published on November 18, 2016, Prnewswire.com published: “Marine Products Corporation Announces Tender Offer” on August 17, 2016. More interesting news about Marine Products Corp. (NYSE:MPX) were released by: Prnewswire.com and their article: “Timothy C. Rollins Appointed to the Marine Products Corporation Board of Directors” published on October 25, 2016 as well as Prnewswire.com‘s news article titled: “Marine Products Corporation Announces Second Quarter 2017 Share Repurchases” with publication date: July 03, 2017.

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