Marine Products Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $13.52
- Today's High:
- $13.88
- Open Price:
- $13.52
- 52W Low:
- $7.4389
- 52W High:
- $17.81
- Prev. Close:
- $13.56
- Volume:
- 43466
Company Statistics
- Market Cap.:
- $467.37 million
- Book Value:
- 4.169
- Revenue TTM:
- $443.64 million
- Operating Margin TTM:
- 12.88%
- Gross Profit TTM:
- $93.72 million
- Profit Margin:
- 11.09%
- Return on Assets TTM:
- 21.01%
- Return on Equity TTM:
- 39.08%
Company Profile
Marine Products Corporation had its IPO on 2001-02-28 under the ticker symbol MPX.
The company operates in the Consumer Cyclical sector and Recreational Vehicles industry. Marine Products Corporation has a staff strength of 935 employees.
Stock update
Shares of Marine Products Corporation opened at $13.52 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $13.52 - $13.88, and closed at $13.8.
This is a +1.77% increase from the previous day's closing price.
A total volume of 43,466 shares were traded at the close of the day’s session.
In the last one week, shares of Marine Products Corporation have slipped by -4.43%.
Marine Products Corporation's Key Ratios
Marine Products Corporation has a market cap of $467.37 million, indicating a price to book ratio of 3.3395 and a price to sales ratio of 1.1323.
In the last 12-months Marine Products Corporation’s revenue was $443.64 million with a gross profit of $93.72 million and an EBITDA of $59.24 million. The EBITDA ratio measures Marine Products Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Marine Products Corporation’s operating margin was 12.88% while its return on assets stood at 21.01% with a return of equity of 39.08%.
In Q2, Marine Products Corporation’s quarterly earnings growth was a positive 43.3% while revenue growth was a positive 21.2%.
Marine Products Corporation’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 9.4825
- PEG
- 2.44
Its diluted EPS in the last 12-months stands at $1.43 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.44. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Marine Products Corporation’s profitability.
Marine Products Corporation stock is trading at a EV to sales ratio of 1.0348 and a EV to EBITDA ratio of 7.2969. Its price to sales ratio in the trailing 12-months stood at 1.1323.
Marine Products Corporation stock pays annual dividends of $0.56 per share, indicating a yield of 4.13% and a payout ratio of 38.82%.
Balance sheet and cash flow metrics
- Total Assets
- $190.28 million
- Total Liabilities
- $28.42 million
- Operating Cash Flow
- $-5405000.00
- Capital Expenditure
- $5.41 million
- Dividend Payout Ratio
- 38.82%
Marine Products Corporation ended 2024 with $190.28 million in total assets and $0 in total liabilities. Its intangible assets were valued at $190.28 million while shareholder equity stood at $143.70 million.
Marine Products Corporation ended 2024 with $0 in deferred long-term liabilities, $28.42 million in other current liabilities, 3447000.00 in common stock, $140.26 million in retained earnings and $3.31 million in goodwill. Its cash balance stood at $66.22 million and cash and short-term investments were $66.22 million. The company’s total short-term debt was $-1,270,000 while long-term debt stood at $0.
Marine Products Corporation’s total current assets stands at $142.77 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $12.58 million compared to accounts payable of $8.57 million and inventory worth $61.50 million.
In 2024, Marine Products Corporation's operating cash flow was $-5405000.00 while its capital expenditure stood at $5.41 million.
Comparatively, Marine Products Corporation paid $0.39 in dividends in 2024.
Other key metrics
- Current Trading Price
- $13.8
- 52-Week High
- $17.81
- 52-Week Low
- $7.4389
- Analyst Target Price
- $17
Marine Products Corporation stock is currently trading at $13.8 per share. It touched a 52-week high of $17.81 and a 52-week low of $17.81. Analysts tracking the stock have a 12-month average target price of $17.
Its 50-day moving average was $16.05 and 200-day moving average was $13.94 The short ratio stood at 3.75 indicating a short percent outstanding of 0%.
Around 7409.3% of the company’s stock are held by insiders while 1422.9% are held by institutions.
Frequently Asked Questions About Marine Products Corporation
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About
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, 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. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.