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How to buy Marine Products Corporation (MPX) shares

Learn how to easily invest in Marine Products Corporation shares.

Marine Products Corporation is a recreational vehicles business based in the US. Marine Products Corporation stocks (MPX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $12.25 – a decrease of 6.47% over the previous week. Marine Products Corporation employs 823 staff and has a trailing 12-month revenue of around $292.6 million.

How to buy shares in Marine Products Corporation

  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 – MPX – 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.

Marine Products Corporation stock price (NYSE:MPX)

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

Marine Products Corporation shares at a glance

Information last updated 2022-01-17.
Latest market close$11.13
52-week range$10.90 - $18.73
50-day moving average $12.28
200-day moving average $14.41
Wall St. target price$17.00
PE ratio 20.7581
Dividend yield $0.46 (4.03%)
Earnings per share (TTM) $0.81

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Is it a good time to buy Marine Products Corporation 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.

Marine Products Corporation price performance over time

Historical closes compared with the close of $11.13 from 2022-01-21

1 week (2022-01-14) -6.47%
1 month (2021-12-23) -8.09%
3 months (2021-10-22) -12.84%
6 months (2021-07-23) -32.55%
1 year (2021-01-22) -31.38%
2 years (2020-01-24) -22.92%
3 years (2019-01-24) 14.63
5 years (2017-01-24) 13.39

Is Marine Products Corporation under- or over-valued?

Valuing Marine Products Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Marine Products Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Marine Products Corporation's P/E ratio

Marine Products Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Marine Products Corporation shares trade at around 21x recent earnings.

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

Marine Products Corporation's PEG ratio

Marine Products Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.44. 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 Marine Products Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Marine Products Corporation's EBITDA

Marine Products Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $36.6 million.

The EBITDA is a measure of a Marine Products Corporation's overall financial performance and is widely used to measure a its profitability.

Marine Products Corporation financials

Revenue TTM $292.6 million
Operating margin TTM 11.9%
Gross profit TTM $53.6 million
Return on assets TTM 16.92%
Return on equity TTM 3094.08%
Profit margin 9.42%
Book value $2.77
Market capitalisation $404.5 million

TTM: trailing 12 months

Marine Products Corporation share dividends

56%

Dividend payout ratio: 56.39% of net profits

Recently Marine Products Corporation has paid out, on average, around 56.39% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.03% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Marine Products Corporation shareholders could enjoy a 4.03% return on their shares, in the form of dividend payments. In Marine Products Corporation's case, that would currently equate to about $0.46 per share.

Marine Products Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Marine Products Corporation's most recent dividend payout was on 10 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2021 (the "ex-dividend date").

Have Marine Products Corporation's shares ever split?

Marine Products Corporation's shares were split on a 3:2 basis on 11 March 2005. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Marine Products Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Marine Products Corporation shares which in turn could have impacted Marine Products Corporation's share price.

Marine Products Corporation share price volatility

Over the last 12 months, Marine Products Corporation's shares have ranged in value from as little as $10.8997 up to $18.7268. A popular way to gauge a stock's volatility is its "beta".

MPX.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Marine Products Corporation's is 1.186. This would suggest that Marine Products Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Marine Products Corporation overview

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. It offers Chaparral sterndrive pleasure boats, including SSi Sport, Ski and Fish Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats within the SSi and SSX, SunCoast, and OSX Sport Luxury models; Robalo outboard sport fishing boats; and Vortex jet boats under the Chaparral brand. The company also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. As of February 26, 2021, it sells its products to a network of 147 domestic and 46 international independent authorized dealers. The company was founded in 1965 and is based in Atlanta, Georgia. .

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