News headlines about Martin Midstream Partners L.P. (NASDAQ:MMLP) have trended somewhat positive on Saturday, Alpha One Sentiment reports. The research group, a service of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Martin Midstream Partners L.P. earned a news impact score of 0.06 on Alpha One’s scale. Alpha One also gave headlines about the pipeline company an impact score of 92 out of 100, meaning that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have effected Alpha One Sentiment’s scoring:

Insider Buying and Selling by Quarter for Martin Midstream Partners L.P. (NASDAQ:MMLP)

Shares of Martin Midstream Partners L.P. (NASDAQ:MMLP) traded up 0.85% during midday trading on Friday, hitting $17.90. The company’s stock had a trading volume of 100,862 shares. The firm has a market cap of $688.29 million, a P/E ratio of 25.90 and a beta of 1.46. The stock’s 50 day moving average is $18.73 and its 200-day moving average is $18.68. Martin Midstream Partners L.P. has a 52-week low of $15.58 and a 52-week high of $25.38.

Martin Midstream Partners L.P. (NASDAQ:MMLP) last released its quarterly earnings results on Wednesday, April 26th. The pipeline company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.10. The firm had revenue of $253.33 million for the quarter, compared to analysts’ expectations of $229.84 million. Martin Midstream Partners L.P. had a net margin of 3.43% and a return on equity of 8.89%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.33 earnings per share. Equities analysts predict that Martin Midstream Partners L.P. will post $0.45 EPS for the current fiscal year.

A number of research firms have commented on MMLP. Royal Bank Of Canada restated a “hold” rating and set a $22.00 price objective on shares of Martin Midstream Partners L.P. in a research note on Tuesday, May 23rd. Zacks Investment Research upgraded Martin Midstream Partners L.P. from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Tuesday, February 21st. Stifel Nicolaus lowered Martin Midstream Partners L.P. from a “buy” rating to a “hold” rating and set a $20.00 price objective on the stock. in a research note on Friday, April 28th. They noted that the move was a valuation call. Finally, FBR & Co set a $24.00 price objective on Martin Midstream Partners L.P. and gave the stock a “buy” rating in a research note on Saturday, March 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $21.60.

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Martin Midstream Partners L.P. Company Profile

Martin Midstream Partners L.P. is a limited partnership with a set of operations focused in the United States Gulf Coast region. The Company’s four business lines include terminalling and storage services for petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of finished lubricants; natural gas services, including liquids transportation and distribution services, and natural gas storage; sulfur and sulfur-based products processing, manufacturing, marketing and distribution, and marine transportation services for petroleum products and by-products.

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