Marine Products Corporation (MPX) Analysts See $0.16 EPS

January 23, 2018 - By Vivian Currie

 Marine Products Corporation (MPX) Analysts See $0.16 EPS
Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.36, from 1.04 in 2017Q2. It worsened, as 6 investors sold Marine Products Corporation shares while 19 reduced holdings. 8 funds opened positions while 9 raised stakes. 5.19 million shares or 1.08% less from 5.24 million shares in 2017Q2 were reported.
Strs Ohio has invested 0% in Marine Products Corporation (NYSE:MPX). California State Teachers Retirement System accumulated 0% or 12,904 shares. State Common Retirement Fund reported 9,800 shares stake. Zacks Invest stated it has 51,168 shares. Natl Bank Of America Corp De holds 7,728 shares. Gabelli Funds Limited Liability Corporation owns 0.03% invested in Marine Products Corporation (NYSE:MPX) for 285,766 shares. Renaissance Ltd Liability reported 0% in Marine Products Corporation (NYSE:MPX). Seizert Prtn Limited Liability Corp reported 135,998 shares stake. Millennium Mngmt Ltd Llc reported 0% in Marine Products Corporation (NYSE:MPX). Meeder Asset Management holds 0% of its portfolio in Marine Products Corporation (NYSE:MPX) for 126 shares. Wedge Capital Mgmt L Lp Nc, North Carolina-based fund reported 28,600 shares. Goldman Sachs Grp Incorporated invested in 11,759 shares. Dimensional Fund Advisors Ltd Partnership holds 591,374 shares or 0% of its portfolio. Bnp Paribas Arbitrage owns 899 shares. Rhumbline Advisers accumulated 0% or 12,129 shares.

Analysts expect Marine Products Corporation (NYSE:MPX) to report $0.16 EPS on January, 24.They anticipate $0.06 EPS change or 60.00 % from last quarter’s $0.1 EPS. MPX’s profit would be $5.56 million giving it 21.56 P/E if the $0.16 EPS is correct. After having $0.13 EPS previously, Marine Products Corporation’s analysts see 23.08 % EPS growth. The stock decreased 0.43% or $0.06 during the last trading session, reaching $13.8. About 19,239 shares traded. Marine Products Corporation (NYSE:MPX) has risen 59.03% since January 23, 2017 and is uptrending. It has outperformed by 42.33% the S&P500.

Marine Products Corporation designs, makes, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, sport yacht, jet boat, and sport fishing markets worldwide. The company has market cap of $479.92 million. It provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex Jet Boats, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. It has a 24.73 P/E ratio. The firm sells its products to a network of 147 domestic and 90 international independent authorized dealers.

More news for Marine Products Corporation (NYSE:MPX) were recently published by: Prnewswire.com, which released: “Marine Products Corporation Announces Final Results of Tender Offer” on November 14, 2016. Prnewswire.com‘s article titled: “Marine Products Corporation Reports First Quarter 2017 Financial Results” and published on April 26, 2017 is yet another important article.

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