Martin Midstream Partners L.P. is part of 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.



Previous Intraday Performance:

The MMLP shares had a previous change of 0.46% which opened at 6.64 and closed at 6.63. It moved to an intraday high of 6.88 and a low of 6.58.

SeekingAlpha:  Midstream: Minority (Owners) Report

Historical Performance:

Over the last five trading days, MMLP shares returned 5.91% and in the past 30 trading days it returned -11.32%. Over three months, it changed -47.27%. In one year it has changed -47.30% and within that year its 52 week high was 14.70 and its 52 week low was 6.03. MMLP stock is 9.95% above its 52 week low.

Our calculations result in a 200 day moving average of 10.45 and a 50 day moving average of 8.46. Right now, MMLP stock is trading -36.54% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Midstream: Minority (Owners) Report

Liquidity:

The company has a market cap of $258.9m with 39.0m shares outstanding and a float of 38.4m shares. Trading volume was 226,914 shares and has experienced an average volume of 302,033 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 5.92. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.22.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 04-24-2019: -0.09
4thQtr 2018Reported 10-24-2018: -0.02
3rdQtr 2018Reported 07-25-2018: 1.00
2ndQtr 2018Reported 04-25-2018: -0.18
1stQtr 2018Reported 02-14-2018: 0.32

Base on our calculations, the intrinsic value per share is 2.83, which means it might be overvalued by -134.12%.

The long-term trend of the EPS is an important number as it indicates the present value 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 46.70% of institutional ownership.

The beta was calculated to be 1.08.

SeekingAlpha:  Intra-Cellular Therapies beats by $0.24

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 0.27 and price-to-book is 1.57.

Company Score Card:

Results are out of six:
 3  : 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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