How to buy Martin Midstream Partners L-P stock - 21 April

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How to buy Martin Midstream Partners L-P stock

Own Martin Midstream Partners L-P stock in just a few minutes.

Martin Midstream Partners L.P is an oil & gas midstream business based in the US. Martin Midstream Partners L-P shares (MMLP) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Martin Midstream Partners L-P

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MMLP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Martin Midstream Partners L-P share price

Use our graph to track the performance of MMLP stocks over time.

Martin Midstream Partners L-P shares at a glance

Information last updated 2021-04-14.
52-week range$1.02 - $3.81
50-day moving average $2.53
200-day moving average $1.92
Wall St. target price$2.00
PE ratio 38.6
Dividend yield $0.077 (3.48%)
Earnings per share (TTM) $0.05

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Martin Midstream Partners L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Martin Midstream Partners L-P under- or over-valued?

Valuing Martin Midstream Partners L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Martin Midstream Partners L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Martin Midstream Partners L-P's P/E ratio

Martin Midstream Partners L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Martin Midstream Partners L-P shares trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Martin Midstream Partners L-P's PEG ratio

Martin Midstream Partners L-P's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 12.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Martin Midstream Partners L-P's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Martin Midstream Partners L-P's EBITDA

Martin Midstream Partners L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $93.3 million.

The EBITDA is a measure of a Martin Midstream Partners L-P's overall financial performance and is widely used to measure a its profitability.

Martin Midstream Partners L-P financials

Revenue TTM $672.1 million
Operating margin TTM 4.73%
Gross profit TTM $131.5 million
Return on assets TTM 3.19%
Return on equity TTM 0%
Profit margin -0.99%
Book value $-1.01
Market capitalisation $86 million

TTM: trailing 12 months

Shorting Martin Midstream Partners L-P shares

There are currently 233,584 Martin Midstream Partners L-P shares held short by investors – that's known as Martin Midstream Partners L-P's "short interest". This figure is 246.2% up from 67,467 last month.

There are a few different ways that this level of interest in shorting Martin Midstream Partners L-P shares can be evaluated.

Martin Midstream Partners L-P's "short interest ratio" (SIR)

Martin Midstream Partners L-P's "short interest ratio" (SIR) is the quantity of Martin Midstream Partners L-P shares currently shorted divided by the average quantity of Martin Midstream Partners L-P shares traded daily (recently around 382924.59016393). Martin Midstream Partners L-P's SIR currently stands at 0.61. In other words for every 100,000 Martin Midstream Partners L-P shares traded daily on the market, roughly 610 shares are currently held short.

However Martin Midstream Partners L-P's short interest can also be evaluated against the total number of Martin Midstream Partners L-P shares, or, against the total number of tradable Martin Midstream Partners L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Martin Midstream Partners L-P's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Martin Midstream Partners L-P shares in existence, roughly 10 shares are currently held short) or 0.0099% of the tradable shares (for every 100,000 tradable Martin Midstream Partners L-P shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Martin Midstream Partners L-P.

Find out more about how you can short Martin Midstream Partners L-P stock.

Martin Midstream Partners L-P share dividends

We're not expecting Martin Midstream Partners L-P to pay a dividend over the next 12 months.

Martin Midstream Partners L-P share price volatility

Over the last 12 months, Martin Midstream Partners L-P's shares have ranged in value from as little as $1.0235 up to $3.8118. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Martin Midstream Partners L-P's is 2.925. This would suggest that Martin Midstream Partners L-P's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Martin Midstream Partners L-P overview

Martin Midstream Partners L. P. , together with its subsidiaries, engages in terminalling, processing, storage, and packaging of petroleum products and by-products primarily in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 17 marine shore-based terminal facilities and 13 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates a fleet of 560 tank trucks and 1,150 trailers; and 31 inland marine tank barges, 14 inland push boats, and 1 articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals.

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