$-0.03 EPS Expected for Martin Midstream Partners L.P. (MMLP)

July 18, 2017 - By Michael Collier

 $ 0.03 EPS Expected for Martin Midstream Partners L.P. (MMLP)
Investors sentiment increased to 1.11 in 2016 Q4. Its up 0.24, from 0.87 in 2016Q3. It increased, 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.
Endurance Wealth holds 0.01% of its portfolio in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 3,100 shares. Stephens Ar holds 0.02% or 25,714 shares in its portfolio. Tower Research Cap (Trc) owns 0.01% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 3,763 shares. Barclays Public Limited invested in 20,716 shares or 0% of the stock. Texas Yale Cap Corp invested in 22,000 shares or 0.04% of the stock. Allen Investment Mngmt Limited Liability Company has invested 0.02% in Martin Midstream Partners L.P. (NASDAQ:MMLP). First Advisors Lp has invested 0.06% in Martin Midstream Partners L.P. (NASDAQ:MMLP). Advsrs Asset Mgmt Incorporated reported 0.01% of its portfolio in Martin Midstream Partners L.P. (NASDAQ:MMLP). Kcg Hldgs owns 0.01% invested in Martin Midstream Partners L.P. (NASDAQ:MMLP) for 12,260 shares. Susquehanna Interest Gp Llp invested in 0% or 79,587 shares. Benjamin F Edwards holds 1,300 shares or 0% of its portfolio. Albert D Mason Inc reported 15,103 shares. Center Coast Capital Advsrs Lp has invested 0.05% in Martin Midstream Partners L.P. (NASDAQ:MMLP). Geode Mngmt Limited Co accumulated 0% or 39,439 shares. Geneva Advisors Ltd Liability Com reported 11,332 shares.

Since February 14, 2017, it had 12 buys, and 0 insider sales for $53,111 activity. $3,989 worth of stock was bought by TAUSCHER RANDALL on Tuesday, February 14. $13,762 worth of stock was bought by MARTIN RUBEN S on Tuesday, February 14. 4 shares valued at $76 were bought by BOOTH CHRIS H on Friday, May 19. BONDURANT ROBERT D bought $5,583 worth of stock or 278 shares. $1,737 worth of Martin Midstream Partners L.P. (NASDAQ:MMLP) was bought by Shoup Scot A.

Wall Street await Martin Midstream Partners L.P. (NASDAQ:MMLP) to release earnings on July, 26. Analysts forecast EPS of $-0.03, up exactly $0.11 or 78.57 % from 2014’s $-0.14 EPS. After posting $0.36 EPS for the previous quarter, Martin Midstream Partners L.P.’s analysts now forecast -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 firm has “Buy” rating by Stifel Nicolaus given on Tuesday, December 6. Janney Capital initiated the shares of MMLP in report on Friday, September 16 with “Neutral” rating. The stock has “Outperform” rating by FBR Capital on Tuesday, October 27. FBR Capital initiated the shares of MMLP in report on Friday, September 9 with “Outperform” rating. FBR Capital maintained it with “Outperform” rating and $24 target in Friday, October 28 report. The firm earned “Hold” rating on Thursday, July 6 by Stifel Nicolaus.

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: Nasdaq.com which released: “Martin Midstream Partners LP (MMLP) Ex-Dividend Date Scheduled for February 03 …” on February 02, 2017, also Seekingalpha.com with their article: “Martin Midstream Beats Guidance And Yields 11%” published on June 10, 2017, Nasdaq.com published: “Martin Midstream Partners LP (MMLP) Ex-Dividend Date Scheduled for May 04, 2017” on May 03, 2017. More interesting news about Martin Midstream Partners L.P. (NASDAQ:MMLP) were released by: Seekingalpha.com and their article: “Martin Midstream Partners’ (MMLP) CEO Ruben Martin on Q1 2017 Results …” published on April 28, 2017 as well as Seekingalpha.com‘s news article titled: “Martin Midstream Partners: Don’t Chase The 16% Yield” with publication date: September 30, 2016.

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