Larry Owens - Marten Transport Independent Director

MRTN Stock  USD 17.22  0.21  1.23%   

Director

Mr. G. Larry Owens is Independent Director of Marten Transport Inc., Mr. Owens was a Director since December 2007. Mr. Owens served as the Chief Executive Officer, President and Secretary of Smithway Motor Xpress Corporationration, a formerly publicly traded truckload carrier that provides nationwide transportation of diversified freight, concentrating primarily on the flatbed segment of the truckload market, from March 2004 to December 2007, and served as the Chairman of the Board of Smithway Motor Xpress Corporationration from April 2004 to December 2007, at which time he retired. Mr. Owens had served prior to that time as the Executive Vice President and Chief Financial Officer of Smithway Motor Xpress Corporationration from January 1993 and Chief Administrative Officer from August 2001 since 2007.
Age 80
Tenure 17 years
Address 129 Marten Street, Mondovi, WI, United States, 54755
Phone715 926 4216
Webhttps://www.marten.com
Owens also served as the Chief Operating Officer of Smithway Motor Xpress Corporation from May 1998 to August 2001. Prior to joining Smithway Motor Xpress Corporationrationration, Mr. Owens spent twentyfive years in the banking industry, most recently from 1982 through 1992 as President of Boatmen’s Bancshares’ regional banks in Spencer and Fort Dodge, Iowa. We believe Mr. Owens’ qualifications to sit on our Board of Directors include his industry experience as the Chairman of the Board, Chief Executive Officer, President and Secretary of a publiclytraded trucking company and his extensive financial background.

Marten Transport Management Efficiency

The company has return on total asset (ROA) of 0.0404 % which means that it generated a profit of $0.0404 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0775 %, meaning that it created $0.0775 on every $100 dollars invested by stockholders. Marten Transport's management efficiency ratios could be used to measure how well Marten Transport manages its routine affairs as well as how well it operates its assets and liabilities. As of the 3rd of May 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, Marten Transport's Asset Turnover is very stable compared to the past year.
The company currently holds 517 K in liabilities. Marten Transport has a current ratio of 1.76, which is within standard range for the sector. Debt can assist Marten Transport until it has trouble settling it off, either with new capital or with free cash flow. So, Marten Transport's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Marten Transport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Marten to invest in growth at high rates of return. When we think about Marten Transport's use of debt, we should always consider it together with cash and equity.

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Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin. Marten Transport operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 4007 people. Marten Transport (MRTN) is traded on NASDAQ Exchange in USA. It is located in 129 Marten Street, Mondovi, WI, United States, 54755 and employs 4,213 people. Marten Transport is listed under Ground Transportation category by Fama And French industry classification.

Management Performance

Marten Transport Leadership Team

Elected by the shareholders, the Marten Transport's board of directors comprises two types of representatives: Marten Transport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marten. The board's role is to monitor Marten Transport's management team and ensure that shareholders' interests are well served. Marten Transport's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marten Transport's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Demorest, Independent Director
Timothy Kohl, Chief Officer
Timothy Nash, Executive VP of Sales and Marketing
Randall Baier, Executive CTO
Larry Hagness, Independent Director
Randolph Marten, Chairman and CEO
Jerry Bauer, Independent Director
Larry Owens, Independent Director
Ronald Booth, Independent Director
Thomas Winkel, Lead Independent Director
Adam Phillips, Executive COO
John Turner, Sr. VP of Sales
Patrick JD, Secretary
James Hinnendael, CFO, Principal Accounting Officer and Executive VP
Douglas Petit, President

Marten Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marten Transport a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Marten Transport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marten Transport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marten Transport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marten Transport Stock:
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When running Marten Transport's price analysis, check to measure Marten Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marten Transport is operating at the current time. Most of Marten Transport's value examination focuses on studying past and present price action to predict the probability of Marten Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marten Transport's price. Additionally, you may evaluate how the addition of Marten Transport to your portfolios can decrease your overall portfolio volatility.
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Is Marten Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marten Transport. If investors know Marten will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marten Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Dividend Share
0.24
Earnings Share
0.7
Revenue Per Share
13.321
Quarterly Revenue Growth
(0.16)
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.