Martin Midstream Partners L.P. is in the energy sector and trades as part of the oil and gas midstream industry. The company CEO is Ruben S. Martin. Martin Midstream Partners LP provides terminalling and storage services for petroleum products and by-products; natural gas services; sulfur and sulfur-based products and marine transportation services.



SeekingAlpha:  Solid Earnings, Shaky Stocks

Historical Performance:

Over the last five trading days, MMLP shares returned -1.34% and in the past 30 trading days it returned -39.70%. Over three months, it changed -43.09%. In one year it has changed -41.70% and within that year its 52-week high was 15.40 and its 52-week low was 6.86. MMLP stock is 7.29% above its 52 Week Low.

Our calculations result in a 200 day moving average of 10.86 and a 50 day moving average of 10.46. Right now, MMLP stock is trading -32.22% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Solid Earnings, Shaky Stocks

Liquidity:

The company has a market cap of $287.4m with 39.0m shares outstanding and a float of 38.4m shares. Trading volume was 134,914 shares and has experienced an average volume of 387,039 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Martin Midstream Partners L.P. was 1.12 which ended on 31st of December 2018, which according to the previous close, that is a PE of 6.57. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.22.Historically, the PE high was 6.57 and the PE low was -73.60. MMLP stock has set a new PE low record!

The dividend per share is currently 1.00, which is a dividend yield of 13.59%. MMLP stock may not have sufficient earnings to cover future dividends and still be able to invest in and grow the business, therefore in the future the dividend may be reduced.

Base on our calculations, the intrinsic value per share is 2.83, which means it might overvalued by -159.90%

The next earnings report will be: 05-28-2019

EPS growth is an important number as it indicates the future prospects of Martin Midstream Partners L.P.; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -6.70% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 48.60% of institutional ownership.

I calculated the beta to be 1.07

Business Wire:  Liberty Media Corporation Reports First Quarter 2019 Financial Results

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 2.46%, profit margin is 2.93%, price-to-sales is 0.31 and price-to-book is 1.75.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 0  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 2  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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