Martinrea International, Inc. (MRETF) Stock Forecast & Predictions

MARTINREA International Inc. MRETF: $10.86

3210 Langstaff Road, Vaughan, ON, CA. | Sector: Producer Manufacturing | Exchange: US OTC | Web: http://www.martinrea.com

  • Market Cap$0.87B
  • Change (52 Weeks)113.15%
  • Low (52 Weeks)$4.88
  • Martinrea International, Inc. (MRETF) Forecast Based on Technical Analysis


    Neutral
    Based on 17 Technical Indicators where 23.53% are on Buy, 29.41% on Sell, and 47.06% Neutral.

    According to the market data, Martinrea International, Inc. (MRETF) stock price is $10.86 and the 52 weeks low is $4.88, which means the Martinrea International, Inc. stock price is up 113.15% in the last 12 months.

    Martinrea International, Inc. (MRETF) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 17 technical indicators, 23.53% are indicating that MRETF Stock price might rise further, 29.41% indicating that MRETF Stock price might fall, and 47.06% are in a neutral position.

    Based on these technical algorithms, overall MRETF stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Martinrea International, Inc. (MRETF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Martinrea International, Inc. (MRETF) is based on 12 Institutional Analyst Ratings where 41.67% are on Strong Buy, 25.00% on Moderate Buy, 33.33% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 12 Institutional Analysts, majority recommended MRETF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Martinrea International, Inc..

    Martinrea International, Inc. (MRETF) Stock Forecast Based on Investor Sentiment


    Neutral
    Based on 384,627 investor portfolio.

    Our algorithm has analysed 384,627 investor portfolio with MRETF stock holdings and found that 42.50% of them are bullish. Which means the Investor Sentiment is mostly Neutral.

    This shows most investors at this stage are confused about MRETF stock price, whille half of them are optimistic that the price can rise further, half of them think the stock is overvalued and the price can fall anytime.

    Martinrea International, Inc. (MRETF) Stock Forecast Based on News Sentiment


    Bullish
    Based on 3 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about MRETF, it shows that Martinrea International, Inc. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that MRETF stock price may surge in the next few weeks.

    Martinrea International, Inc. (MRETF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    TD Securities HOLDDowngraded
    SbankDowngraded
    Raymond James Financial OUTPERFORMUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    TD SecuritiesHoldDowngraded
    SbankDowngraded
    Raymond James FinancialOutperformDowngraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    CIBC World MarketsOutperformUpgraded
    SbankStrong BuyUpgraded
    RBC CapitalOutperformUpgraded
    TD SecuritiesBuyUpgraded
    CIBC World MarketsOutperformUpgraded
    TD SecuritiesBuyUpgraded
    SbankUpgraded
    Raymond James FinancialStrong-BuyUpgraded
    Cormark SecuritiesUpgraded
    BMO Capital MarketsUpgraded
    Raymond James FinancialStrong-BuyUpgraded
    BMO Capital MarketsUpgraded
    TD SecuritiesHoldUpgraded
    Raymond James FinancialOutperformDowngraded
    TD SecuritiesHoldDowngraded
    BMO Capital MarketsDowngraded
    TD SecuritiesHoldUpgraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesHoldDowngraded
    CIBC World MarketsDowngraded
    TD SecuritiesBuyDowngraded
    BMO Capital MarketsDowngraded
    BMO Capital MarketsMarket PerformDowngraded
    TD SecuritiesBuyUpgraded
    CIBC World MarketsDowngraded
    TD SecuritiesBuyDowngraded
    CIBC World MarketsUpgraded
    RBC CapitalOutperformUpgraded
    TD SecuritiesBuyDowngraded
    TD SecuritiesBuyUpgraded
    SbankSector PerformUpgraded
    RBC CapitalOutperformUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    SbankSector PerformUpgraded
    RBC CapitalOutperformUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsOutperformUpgraded
    RBC CapitalOutperformUpgraded
    TD SecuritiesUpgraded
    SbankSector PerformUpgraded
    RBC CapitalOutperformUpgraded
    BMO Capital MarketsUpgraded
    BMO Capital MarketsOutperformUpgraded
    TD SecuritiesBuyMaintained
    SbankSector PerformMaintained
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    BMO Capital MarketsMaintained
    RBC CapitalOutperformMaintained
    RBC CapitalMaintained
    SbankSector PerformMaintained
    RBC CapitalOutperformMaintained
    SbankSector PerformMaintained
    Canaccord GenuityBuyMaintained
    Paradigm CapitalBuyMaintained
    CIBC World MarketsSector OutperformMaintained
    Canaccord GenuityBuyMaintained
    CIBC World MarketsMaintained
    SbankMaintained
    SbankMaintained
    Canaccord GenuityBuyUpgraded
    Canaccord GenuityHoldDowngraded
    CIBC World MarketsSector OutperformMaintained
    RBC CapitalOutperformMaintained
    RBC CapitalOutperformMaintained
    Paradigm CapitalBuyMaintained
    BMO Capital MarketsUnderperformMaintained
    RBC CapitalOutperformUpgraded
    Canaccord GenuityBuyMaintained
    Canaccord GenuityHoldMaintained
    RBC CapitalSector PerformMaintained
    RBC CapitalSector PerformDowngraded
    CIBC World MarketsSector OutperformMaintained
    Canaccord GenuityMaintained
    RBC CapitalOutperformInitiated
    CIBC World MarketsMaintained
    CIBC World MarketsSector PerformMaintained
    Canaccord GenuityBuyMaintained
    SbankSector OutperformMaintained

    Martinrea International, Inc. (MRETF) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.471
    The average consensus EPS for MRETF is $0.471 with a high estimate of $0.651 and Low of $0.176 for the period 2021-06-30 and based on 7 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.55$0.52808862020-12-31


    The latest average Earning Per Share Estimate for Martinrea International, Inc. is $0.47, which is lower than MRETF's last EPS, $0.55. This means that Analysts are expecting Martinrea International, Inc. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Martinrea International, Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.55$0.52808862020-12-31
    $0.57$0.470367100000000042020-09-30
    $-0.91$-0.74571332020-06-30
    $0.38$0.405444300000000042020-03-31
    $0.42$0.40778752019-12-31
    $0.53$0.520152019-09-30
    $0.66$0.65986329999999992019-06-30
    $0.67$0.66472139999999992019-03-31
    $0.51$0.51120142018-12-31
    $0.43$0.45427782018-09-30
    $0.64$0.633272018-06-30
    $0.65$0.6062018-03-31
    $0.5$0.46594332017-12-31
    $0.42$0.41735222017-09-30
    $0.55$0.51330222017-06-30
    $0.45$0.44125892017-03-31
    $0.36$0.34706632016-12-31
    $0.34$0.35287382016-09-30
    $0.44$0.44988432016-06-30
    $0.38$0.367639999999999972016-03-31
    $0.34$0.329262015-12-31
    $0.3$0.30131332015-09-30
    $0.39$0.397263300000000042015-06-30
    $0.36$0.330411399999999972015-03-31
    $0.27$0.26981142014-12-31
    $0.23$0.256542014-09-30
    $0.28$0.298962014-06-30
    $0.21$0.206042014-03-31
    $0.17$0.207049999999999982013-12-31
    $0.25$0.254522013-09-30
    $0.33$0.32322013-06-30
    $0.24$0.238362013-03-31
    $0.15$0.177762012-12-31
    $0.17$0.171700000000000022012-09-30
    $0.29$0.3105752012-06-30
    $0.3$0.318152012-03-31
    $0.24$0.230613300000000022011-12-31
    $0.2$0.18182011-09-30
    $0.2$0.209574999999999982011-06-30
    $0.17$0.191900000000000022011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).