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MRTN
Upturn stock ratingUpturn stock rating

Marten Transport Ltd (MRTN)

Upturn stock ratingUpturn stock rating
$12.99
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/30/2025: MRTN (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $15.5

1 Year Target Price $15.5

Analysts Price Target For last 52 week
$15.5Target price
Low$12.46
Current$12.99
high$18.96

Analysis of Past Performance

Type Stock
Historic Profit -28.23%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.10B USD
Price to earnings Ratio 51.69
1Y Target Price 15.5
Price to earnings Ratio 51.69
1Y Target Price 15.5
Volume (30-day avg) 3
Beta 1.01
52 Weeks Range 12.46 - 18.96
Updated Date 07/1/2025
52 Weeks Range 12.46 - 18.96
Updated Date 07/1/2025
Dividends yield (FY) 1.85%
Basic EPS (TTM) 0.26

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 2.31%
Operating Margin (TTM) 1.88%

Management Effectiveness

Return on Assets (TTM) 1.35%
Return on Equity (TTM) 2.83%

Valuation

Trailing PE 51.69
Forward PE -
Enterprise Value 1019813018
Price to Sales(TTM) 1.17
Enterprise Value 1019813018
Price to Sales(TTM) 1.17
Enterprise Value to Revenue 1.09
Enterprise Value to EBITDA 7.73
Shares Outstanding 81493400
Shares Floating 57527838
Shares Outstanding 81493400
Shares Floating 57527838
Percent Insiders 29.41
Percent Institutions 72.04

Analyst Ratings

Rating 1
Target Price 15.5
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Marten Transport Ltd

stock logo

Company Overview

overview logo History and Background

Marten Transport, Ltd. was founded in 1946 by Roger Marten. Originally a local trucking operation, it expanded its reach and services over the decades, specializing in temperature-sensitive freight. It went public in 1986 and has focused on providing specialized transportation solutions.

business area logo Core Business Areas

  • Truckload: Provides long-haul, regional, and dedicated truckload services, primarily focused on temperature-sensitive and time-sensitive freight.
  • Intermodal: Offers intermodal transportation services, coordinating the movement of freight via rail and truck.
  • Brokerage: Provides brokerage services to secure outside capacity for freight Marten cannot accomodate with their own fleet.

leadership logo Leadership and Structure

Randy Marten is the Chairman and Chief Executive Officer. The company has a traditional corporate structure with various functional departments reporting to executive management.

Top Products and Market Share

overview logo Key Offerings

  • Temperature-Controlled Truckload: Marten's core offering, transporting perishable goods and other temperature-sensitive products across the US, Canada, and Mexico. Competitors include Schneider National, Swift Transportation, and Werner Enterprises. Market share data specific to temperature-controlled TL is difficult to pinpoint, but Marten focuses primarily on this segment.
  • Dedicated Truckload: Provides dedicated transportation solutions for specific customers, ensuring consistent capacity and service. Market share data is dispersed, with major players competing for contracts. Competitors include J.B. Hunt and Ryder System.

Market Dynamics

industry overview logo Industry Overview

The trucking industry is highly competitive and cyclical, influenced by economic conditions, fuel prices, and regulatory changes. Demand for temperature-controlled transportation is growing due to increasing demand for fresh and frozen foods.

Positioning

Marten Transport is a leading provider of temperature-controlled transportation. Its competitive advantages include a modern fleet, experienced drivers, and a strong reputation for reliability.

Total Addressable Market (TAM)

The U.S. trucking market is estimated to be worth hundreds of billions of dollars annually. Marten Transport's TAM includes the temperature-controlled and dedicated truckload segments, placing them within a significant portion of the overall market. It is well positioned to capture a small percentage of the market.

Upturn SWOT Analysis

Strengths

  • Specialization in temperature-controlled transportation
  • Modern and well-maintained fleet
  • Strong customer relationships
  • Experienced drivers
  • Good safety record

Weaknesses

  • Sensitivity to fuel price fluctuations
  • Driver shortage challenges
  • Dependence on economic conditions
  • Limited geographic diversification

Opportunities

  • Expansion into new geographic markets
  • Growth in e-commerce and cold chain logistics
  • Adoption of new technologies (e.g., autonomous trucks)
  • Increased outsourcing of transportation services

Threats

  • Increased competition
  • Regulatory changes (e.g., ELD mandate)
  • Economic downturn
  • Rising insurance costs
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • SNDR
  • WERN
  • JBHT
  • KNX

Competitive Landscape

Marten Transport differentiates itself through its focus on temperature-controlled freight and dedicated services. It faces competition from larger players with broader service offerings.

Major Acquisitions

Acquired Company Name

  • Year: 2017
  • Acquisition Price (USD millions): 13.5
  • Strategic Rationale: Acquired for specialized fleet and expertise in temperature-controlled transport, enhancing capabilities.

Growth Trajectory and Initiatives

Historical Growth: Marten Transport has experienced growth over the years, driven by increased demand for its services and strategic acquisitions.

Future Projections: Consult analyst reports for projections of Marten Transport's future growth based on market trends and company performance.

Recent Initiatives: Marten has implemented various initiatives to improve efficiency, such as investments in technology and driver recruitment programs.

Summary

Marten Transport is a specialized carrier focused on temperature-controlled freight, giving them a competitive edge. Their commitment to a modern fleet and strong customer relationships are a strength. They are however reliant on economic conditions and are challenged by rising operating costs. Expansion and tech adoption will be key to their future growth and continued success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Financial News Articles
  • Company Website

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market share and financial data may vary based on source and methodology.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Marten Transport Ltd

Exchange NASDAQ
Headquaters Mondovi, WI, United States
IPO Launch date 1986-09-25
CEO -
Sector Industrials
Industry Trucking
Full time employees 3776
Full time employees 3776

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2024, the company operated a fleet of 3,006 tractors that included 2,918 company-owned tractors and 88 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.