Marine Products Corp. (MPX) EPS Estimated At $0.15

July 18, 2017 - By Kurt Siggers

 Marine Products Corp. (MPX) EPS Estimated At $0.15
Investors sentiment decreased to 0.7 in 2016 Q4. Its down 0.80, from 1.5 in 2016Q3. It dived, as 9 investors sold Marine Products Corp. shares while 21 reduced holdings. 8 funds opened positions while 13 raised stakes. 5.10 million shares or 33.55% less from 7.67 million shares in 2016Q3 were reported.
Gabelli Funds Ltd Llc accumulated 284,766 shares. Susquehanna Interest Ltd Liability Partnership owns 10,379 shares. 115,501 are owned by State Street. Goldman Sachs Grp has invested 0% in Marine Products Corp. (NYSE:MPX). 805,000 were accumulated by Teton Advisors. Zacks Inv Management stated it has 0.02% of its portfolio in Marine Products Corp. (NYSE:MPX). Creative Planning has 0% invested in Marine Products Corp. (NYSE:MPX) for 675 shares. Rhumbline Advisers owns 16,040 shares. Schwab Charles holds 38,218 shares or 0% of its portfolio. Dimensional Fund Advisors L P holds 0% or 524,106 shares. First Allied Advisory Inc reported 0.01% stake. Blackrock Investment Mngmt Limited Liability stated it has 22,955 shares or 0% of all its holdings. Royal State Bank Of Canada has invested 0% of its portfolio in Marine Products Corp. (NYSE:MPX). Federated Invsts Pa holds 938 shares. Peak6 Ltd Partnership owns 2,703 shares.

Since May 16, 2017, it had 1 buying transaction, and 3 selling transactions for $233,761 activity. On Tuesday, May 16 the insider Rollins Timothy Curtis bought $63,374.

Analysts expect Marine Products Corp. (NYSE:MPX) to report $0.15 EPS on July, 26.They anticipate $0.02 EPS change or 15.38 % from last quarter’s $0.13 EPS. MPX’s profit would be $5.25M giving it 25.67 P/E if the $0.15 EPS is correct. After having $0.15 EPS previously, Marine Products Corp.’s analysts see 0.00 % EPS growth. The stock decreased 2.90% or $0.46 during the last trading session, reaching $15.4. About 19,930 shares traded. Marine Products Corp. (NYSE:MPX) has risen 59.03% since July 18, 2016 and is uptrending. It has outperformed by 42.33% the S&P500.

Marine Products Corporation manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The company has market cap of $539.36 million. The Firm designs, makes and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. It has a 31.39 P/E ratio. The Company’s product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats.

More notable recent Marine Products Corp. (NYSE:MPX) news were published by: Prnewswire.com which released: “Marine Products Corporation Announces Second Quarter 2017 Share Repurchases” on July 03, 2017, also Prnewswire.com with their article: “Marine Products Corporation Announces Tender Offer” published on August 17, 2016, Prnewswire.com published: “Timothy C. Rollins Appointed to the Marine Products Corporation Board of Directors” on October 25, 2016. More interesting news about Marine Products Corp. (NYSE:MPX) were released by: Seekingalpha.com and their article: “Marine Products: There Are Better Boat Plays Out There” published on March 23, 2017 as well as Prnewswire.com‘s news article titled: “Marine Products Corporation Announces Tender Offer Proration Results” with publication date: November 18, 2016.

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