MPX - Marine Products Corp Stock Price, Fair Value and News

10.51USD+0.01 (+0.10%)Delayed as of 17 May 2024, 11:54 am ET

Market Summary

USD10.51+0.01

Delayedas of 17 May 2024, 11:54 am

0.10%

MPX Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

MPX Stock Price

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MPX RSI Chart

MPX Valuation

Market Cap

364.2M

Price/Earnings (Trailing)

10.48

Price/Sales (Trailing)

1.09

EV/EBITDA

6.18

Price/Free Cashflow

9.96

MPX Price/Sales (Trailing)

MPX Profitability

EBT Margin

12.92%

Return on Equity

22.95%

Return on Assets

17.03%

Free Cashflow Yield

10.04%

MPX Fundamentals

MPX Revenue

Revenue (TTM)

334.2M

Rev. Growth (Yr)

-41.69%

Rev. Growth (Qtr)

-2.16%

MPX Earnings

Earnings (TTM)

34.7M

Earnings Growth (Yr)

-60.2%

Earnings Growth (Qtr)

-15.22%

Breaking Down MPX Revenue

52 Week Range

10.5117.81

(Low)(High)

Last 7 days

0.3%

Last 30 days

-3.5%

Last 90 days

-1.6%

Trailing 12 Months

-27.6%

How does MPX drawdown profile look like?

MPX Financial Health

Current Ratio

4.7

MPX Investor Care

Dividend Yield

5.33%

Dividend/Share (TTM)

0.56

Shares Dilution (1Y)

0.71%

Diluted EPS (TTM)

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	334.2M	0	0	0
2023	423.3M	443.6M	421.4M	383.7M
2022	296.3M	324.8M	349.0M	381.0M
2021	259.1M	285.5M	292.6M	298.0M
2020	268.2M	220.3M	216.9M	239.8M
2019	304.1M	305.8M	306.0M	292.1M
2018	273.8M	289.3M	302.1M	298.6M
2017	248.7M	255.1M	259.0M	267.3M
2016	220.1M	225.7M	234.0M	241.3M
2015	174.0M	185.5M	194.6M	207.1M
2014	171.7M	177.5M	173.4M	171.1M
2013	155.4M	159.2M	162.7M	168.3M
2012	117.1M	126.5M	142.7M	148.9M
2011	103.7M	101.1M	99.3M	106.4M
2010	0	60.0M	80.5M	101.0M
2009	0	0	0	39.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Marine Products Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 26, 2024	rollins timothy curtis	acquired	-	-	4,348	-
Apr 26, 2024	kreisler amy rollins	acquired	-	-	4,348	-
Apr 26, 2024	wilson john f	acquired	-	-	4,348	-
Apr 26, 2024	gunning patrick j.	acquired	-	-	4,348	-
Apr 26, 2024	rollins gary w	acquired	-	-	4,348	-
Apr 26, 2024	rollins pam r	acquired	-	-	4,348	-
Apr 26, 2024	bell susan r.	acquired	-	-	4,348	-
Apr 26, 2024	nix jerry	acquired	-	-	4,348	-
Jan 26, 2024	schmit michael	sold (taxes)	-11,003	10.44	-1,054	cfo and corporate secretary
Jan 26, 2024	palmer ben m	sold (taxes)	-41,238	10.44	-3,950	president and ceo

Which funds bought or sold MPX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	HANOVER ADVISORS INC	new	-	918,086	918,086	0.38%
May 15, 2024	STATE STREET CORP	added	2.26	107,018	2,088,290	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-34.79	-146,688	300,659	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-163,214	-	-%
May 15, 2024	Royal Bank of Canada	reduced	-75.23	-28,000	9,000	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	246	538,000	747,000	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-44.11	-104,163	141,564	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-35.86	-4,429	8,636	-%
May 15, 2024	BARCLAYS PLC	reduced	-51.83	-86,000	85,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-39.84	-46,770	76,316	-%

Are Funds Buying or Selling MPX?

Are funds buying MPX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MPX

No. of Funds

Unveiling Marine Products Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Dec 05, 2022	rollins gary w	61.4%	21,001,939	SC 13D/A
Jun 08, 2021	rollins gary w	67.5%	22,949,046	SC 13D/A
Dec 09, 2020	rollins gary w	3.3%	1,101,971	SC 13D/A
Sep 04, 2020	gamco investors, inc. et al	0.74%	252,000	SC 13D/A
Aug 21, 2020	rollins gary w	3.2%	1,101,971	SC 13D/A
Jul 02, 2020	rollins r randall	70.6%	23,971,570	SC 13D/A

Recent SEC filings of Marine Products Corp

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report

Peers (Alternatives to Marine Products Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	557.7B	94.7B	11.30%	0.58%	40.97	5.89	10.12%	15.85%
GM	53.0B	174.9B	7.55%	41.43%	4.96	0.3	8.79%	13.26%
F	49.3B	177.5B	2.40%	7.65%	12.53	0.28	7.54%	33.01%
APTV	22.4B	20.1B	14.39%	-12.33%	7.48	1.11	11.06%	348.88%
KMX	11.5B	26.5B	4.50%	1.38%	23.96	0.43	-10.61%	-1.15%
MID-CAP
BWA	8.6B	14.4B	16.00%	-15.27%	13.96	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-6.13%	54.90%	9.81	2.14	8.82%	17.48%
ABG	4.9B	15.4B	12.89%	18.78%	8.67	0.32	2.10%	-39.62%
GT	3.7B	19.7B	8.05%	-10.48%	-5.8	0.19	-5.64%	-9328.57%
ADNT	2.7B	15.2B	3.49%	-17.30%	16.85	0.18	3.04%	1216.67%
SMALL-CAP
BLBD	1.7B	1.3B	45.74%	147.43%	21.14	1.34	26.17%	337.87%
AXL	927.5M	6.2B	12.39%	10.66%	-115.94	0.15	5.67%	-113.75%
CAAS	106.9M	573.5M	1.15%	-32.95%	2.73	0.19	7.12%	39.36%
WKHS	78.7M	13.1M	38.89%	-74.47%	-0.64	6.01	160.69%	-5.67%
AYRO	5.9M	444.2K	-9.23%	96.67%	-0.18	13.27	-78.61%	-35.63%

Marine Products Corp News

Latest updates

Marine Products Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.2%	69.00	71.00	78.00	116	119	109	100	96.00	77.00	77.00	76.00	67.00	78.00	71.00	69.00	41.00	59.00	48.00	72.00	89.00	83.00
Gross Profit	3.9%	14.00	13.00	19.00	29.00	29.00	27.00	25.00	23.00	18.00	19.00	16.00	15.00	18.00	17.00	16.00	8.00	12.00	11.00	16.00	20.00	19.00
S&GA Expenses	13.3%	9.00	8.00	9.00	12.00	15.00	12.00	10.00	10.00	9.00	8.00	8.00	7.00	8.00	8.00	8.00	6.00	7.00	6.00	6.00	9.00	10.00
EBITDA Margin	-3.5%	0.14*	0.14*	0.15*	0.14*	0.14*	0.14*	0.14*	0.13*	0.13*	0.13*	0.13*	0.13*	-	-	-	-	-	-	-	-	-
Income Taxes	25.6%	1.00	1.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	0.00	1.00	1.00	2.00	2.00	1.00
Earnings Before Taxes	-7.9%	6.00	7.00	13.00	17.00	15.00	15.00	15.00	13.00	9.00	11.00	8.00	7.00	10.00	9.00	8.00	2.00	5.00	4.00	10.00	11.00	9.00
EBT Margin	-4.7%	0.13*	0.14*	0.14*	0.14*	0.14*	0.14*	0.14*	0.13*	0.12*	0.12*	0.12*	0.12*	-	-	-	-	-	-	-	-	-
Net Income	-15.2%	5.00	5.00	10.00	14.00	12.00	12.00	11.00	10.00	7.00	8.00	7.00	6.00	8.00	7.00	7.00	2.00	4.00	4.00	8.00	9.00	7.00
Net Income Margin	-4.3%	0.10*	0.11*	0.11*	0.11*	0.11*	0.11*	0.11*	0.10*	0.09*	0.10*	0.09*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	0.9%	15.00	15.00	-1.82	8.00	25.00	21.00	9.00	12.00	4.00	9.00	-14.90	-2.33	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.3%	204	194	197	190	184	164	162	150	142	133	140	136	130	119	117	111	110	105	119	114	111
Current Assets	6.3%	148	139	145	143	143	125	125	112	104	93.00	100	96.00	91.00	81.00	83.00	77.00	77.00	71.00	85.00	80.00	78.00
Cash Equivalents	12.9%	81.00	72.00	61.00	66.00	63.00	43.00	27.00	22.00	14.00	14.00	10.00	29.00	35.00	32.00	29.00	23.00	20.00	20.00	23.00	13.00	18.00
Inventory	-10.4%	55.00	62.00	70.00	61.00	67.00	73.00	83.00	78.00	78.00	73.00	77.00	57.00	46.00	42.00	43.00	43.00	46.00	42.00	45.00	51.00	48.00
Net PPE	0.9%	23.00	22.00	21.00	21.00	16.00	15.00	14.00	14.00	14.00	14.00	14.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00
Goodwill	0%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Liabilities	24.7%	53.00	42.00	47.00	47.00	51.00	39.00	45.00	41.00	40.00	34.00	46.00	45.00	41.00	35.00	37.00	34.00	33.00	28.00	37.00	35.00	37.00
Current Liabilities	39.6%	32.00	23.00	28.00	28.00	34.00	24.00	31.00	26.00	25.00	18.00	30.00	30.00	27.00	22.00	25.00	23.00	24.00	17.00	27.00	25.00	28.00
Shareholder's Equity	-0.1%	151	152	150	144	133	124	116	108	101	99.00	94.00	91.00	89.00	85.00	80.00	77.00	77.00	77.00	82.00	79.00	74.00
Retained Earnings	-0.2%	148	148	147	140	130	123	115	107	101	98.00	93.00	90.00	87.00	83.00	80.00	76.00	76.00	77.00	81.00	78.00	73.00
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	2.1%	33.00	33.00	32.00	34.00	34.00	33.00	33.00	33.00	32.00	32.00	31.00	31.00	31.00	30.00	30.00	29.00	29.00	28.00	28.00	27.00	27.00
Shares Outstanding	0.6%	35.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	34.00	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	140	-	-	-	78.00	-	-	-	142	-	-	-	98.00	-	-	-	111	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-4.5%	15,915	16,668	-607	13,839	26,946	22,220	9,971	12,638	4,519	9,078	-14,724	-2,024	8,127	7,239	10,940	5,641	6,054	5,843	15,711	319	12,044
Share Based Compensation	10.3%	956	867	834	1,233	777	599	678	820	610	593	572	571	553	445	1,500	581	576	497	544	544	538
Cashflow From Investing	-48.4%	-883	-595	-82.00	-5,405	-1,789	-1,127	-575	-596	-202	-528	-179	-305	-236	-641	-393	-366	-665	-321	-294	-611	6,571
Cashflow From Financing	-19.3%	-5,759	-4,826	-4,821	-4,820	-5,727	-4,782	-4,104	-4,096	-4,797	-4,078	-4,076	-4,078	-4,448	-4,039	-4,147	-2,725	-5,129	-8,748	-5,354	-5,088	-9,013
Dividend Payments	0.5%	4,852	4,826	4,821	4,820	4,817	4,782	4,104	4,096	4,095	4,078	4,076	4,077	3,398	4,064	2,716	2,696	4,074	7,464	4,083	4,092	4,117
Buy Backs	558.1%	907	-198	-834	1,230	910	65.00	680	-810	702	286	-572	1.00	1,050	-25.00	1,431	29.00	1,055	1,284	1,271	996	4,896

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MPX Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 69,340	$ 118,914
Cost of goods sold	55,356	89,892
Gross profit	13,984	29,022
Selling, general and administrative expenses	8,742	14,533
Operating income	5,242	14,489
Interest income, net	851	483
Income before income taxes	6,093	14,972
Income tax provision	1,496	3,423
Net income	$ 4,597	$ 11,549
Earnings per share
Basic (in dollars per share)	$ 0.13	$ 0.34
Diluted (in dollars per share)	0.13	0.34
Dividends paid per share (in dollars per share)	$ 0.14	$ 0.14

MPX Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 81,225	$ 71,952
Accounts receivable, net of allowance for credit losses of $11 in 2024 and $11 in 2023	7,749	2,475
Inventories	55,210	61,611
Income taxes receivable	4	361
Prepaid expenses and other current assets	3,768	2,847
Total current assets	147,956	139,246
Property, plant and equipment, net of accumulated depreciation of $XX in 2024 and $32,789 in 2023	22,657	22,456
Goodwill	3,308	3,308
Other intangibles, net	465	465
Deferred income taxes	8,404	8,590
Retirement plan assets	16,782	15,379
Other assets	4,466	4,358
Total assets	204,038	193,802
Liabilities
Accounts payable	13,064	6,071
Accrued expenses and other liabilities	18,442	16,496
Total current liabilities	31,506	22,567
Retirement plan liabilities	19,426	17,998
Other long-term liabilities	1,724	1,649
Total liabilities	52,656	42,214
Commitments and contingencies (Note 15)
Stockholders' Equity
Preferred stock, $0.10 par value, 1,000,000 shares authorized, none issued
Common stock, $0.10 par value, 74,000,000 shares authorized, issued and outstanding - 34,682,949 shares in 2024 and 34,466,726 shares in 2023	3,469	3,447
Retained earnings	147,913	148,141
Total stockholders' equity	151,382	151,588
Total liabilities and stockholders' equity	$ 204,038	$ 193,802

About Marine Products Corp

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

CEO	Mr. Ben M. Palmer
WEBSITE	marineproductscorp.com
INDUSTRY	Autos
EMPLOYEES	935

Marine Products Corp Frequently Asked Questions

What is the ticker symbol for Marine Products Corp? What does MPX stand for in stocks?

MPX is the stock ticker symbol of Marine Products Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Marine Products Corp (MPX)?

As of Thu May 16 2024, market cap of Marine Products Corp is 364.17 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MPX stock?

You can check MPX's fair value in chart for subscribers.

What is the fair value of MPX stock?

You can check MPX's fair value in chart for subscribers. The fair value of Marine Products Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Marine Products Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MPX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Marine Products Corp a good stock to buy?

The fair value guage provides a quick view whether MPX is over valued or under valued. Whether Marine Products Corp is cheap or expensive depends on the assumptions which impact Marine Products Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MPX.

What is Marine Products Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, MPX's PE ratio (Price to Earnings) is 10.48 and Price to Sales (PS) ratio is 1.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MPX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Marine Products Corp's stock?

In the past 10 years, Marine Products Corp has provided 0.065 (multiply by 100 for percentage) rate of return.