Martin Midstream Partners L.P. (MMLP) EPS Estimated At $-0.03

July 18, 2017 - By Richard Conner

 Martin Midstream Partners L.P. (MMLP) EPS Estimated At $ 0.03
Investors sentiment increased to 1.11 in 2016 Q4. Its up 0.24, from 0.87 in 2016Q3. It improved, as 7 investors sold Martin Midstream Partners L.P. shares while 21 reduced holdings. 13 funds opened positions while 18 raised stakes. 9.87 million shares or 3.74% less from 10.25 million shares in 2016Q3 were reported.
State Bank Of America De owns 38,976 shares. X Mgmt Ltd Liability reported 14,260 shares. Bollard Gru Ltd Liability Corporation accumulated 0.07% or 56,726 shares. Credit Suisse Ag invested 0% in Martin Midstream Partners L.P. (NASDAQ:MMLP). Advsr Capital Limited Co has invested 0.27% of its portfolio in Martin Midstream Partners L.P. (NASDAQ:MMLP). Financial Architects invested in 0% or 250 shares. 15,103 were accumulated by Albert D Mason. Barclays Pcl holds 0% or 20,716 shares. Renaissance Tech invested in 0% or 27,878 shares. Envestnet Asset Management owns 41 shares. Allen Inv Llc owns 19,450 shares. Tower Rech Cap Ltd Liability (Trc), New York-based fund reported 3,763 shares. Manufacturers Life Ins The has invested 0% in Martin Midstream Partners L.P. (NASDAQ:MMLP). Benjamin F Edwards & Commerce has 0% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP). Advisors Asset Management reported 27,754 shares.

Since February 14, 2017, it had 12 insider purchases, and 0 selling transactions for $53,111 activity. The insider Shoup Scot A bought 91 shares worth $1,737. The insider TAUSCHER RANDALL bought $4,140. Shares for $76 were bought by BOOTH CHRIS H on Friday, May 19. BONDURANT ROBERT D bought $5,571 worth of stock. MARTIN RUBEN S bought $14,038 worth of Martin Midstream Partners L.P. (NASDAQ:MMLP) on Friday, April 7.

Analysts await Martin Midstream Partners L.P. (NASDAQ:MMLP) to report earnings on July, 26. They expect $-0.03 EPS, up 78.57 % or $0.11 from last year’s $-0.14 per share. After $0.36 actual EPS reported by Martin Midstream Partners L.P. for the previous quarter, Wall Street now forecasts -108.33 % negative EPS growth. The stock decreased 0.27% or $0.05 on July 17, reaching $18.45. About 72,443 shares traded. Martin Midstream Partners L.P. (NASDAQ:MMLP) has declined 14.95% since July 18, 2016 and is downtrending. It has underperformed by 31.65% the S&P500.

Martin Midstream Partners L.P. (NASDAQ:MMLP) Ratings Coverage

Among 4 analysts covering Martin Midstream Partners LP (NASDAQ:MMLP), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Martin Midstream Partners LP had 7 analyst reports since September 21, 2015 according to SRatingsIntel. The company was maintained on Friday, October 28 by FBR Capital. Janney Capital initiated it with “Neutral” rating and $22 target in Friday, September 16 report. Stifel Nicolaus maintained the shares of MMLP in report on Thursday, July 6 with “Hold” rating. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) earned “Buy” rating by Stifel Nicolaus on Tuesday, December 6. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) has “Outperform” rating given on Tuesday, October 27 by FBR Capital. The company was initiated on Friday, September 9 by FBR Capital.

Martin Midstream Partners L.P. is a limited partnership with a set of activities focused in the United States Gulf Coast region. The company has market cap of $717.20 million. 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 products processing, manufacturing, marketing and distribution, and marine transportation services for petroleum products and by-products. It has a 27.13 P/E ratio. The petroleum products and by-products it collects, transports, stores and markets are produced by gas and oil companies.

More notable recent Martin Midstream Partners L.P. (NASDAQ:MMLP) news were published by: Seekingalpha.com which released: “Time To Buy Martin Midstream Partners” on November 04, 2016, also Nasdaq.com with their article: “Martin Midstream Partners LP (MMLP) Ex-Dividend Date Scheduled for May 04, 2017” published on May 03, 2017, Seekingalpha.com published: “Martin Midstream Partners: Don’t Chase The 16% Yield” on September 30, 2016. More interesting news about Martin Midstream Partners L.P. (NASDAQ:MMLP) were released by: Seekingalpha.com and their article: “Martin Midstream Beats Guidance And Yields 11%” published on June 10, 2017 as well as Fool.com‘s news article titled: “Martin Midstream Partners LP Upgraded: How Safe Is Its Distribution?” with publication date: December 06, 2016.

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