Analysts’ Views On Marin Software Incorporated (MRIN)

Marin Software Incorporated (NASDAQ:MRIN) finished Thursday with an addition of $0.2 to close at $8.10, an upside of 2.53 percent. An average of 2,185,840 shares of common stock have been traded in the last five days. There was a fall of -$1.02 in the past week. The last 20 days have seen an average of 15,946,104 shares traded, while the 50-day average volume stands at 10,400,647.

MRIN stock has increased by 37.29% in the last month. The company shares reached their 1-month lowest point of $4.97 on 09/20/21. With the stock rallying to its 52-week high on 07/06/21, shares of the company touched a low of $1.23 and a high of $27.26 in 52 weeks. In spite of this, the price is down -70.29% from the 52-week high.


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Insider Transactions

60 days have passed since Marin Software Incorporated (MRIN) last reported insider trading activity. Kinion Brian K, who is Director, most recently acquired $15,000 shares at $6.00 per share on Aug 09. In this transaction, the insider spent $90,070. Director, Hutchison Donald P., disposed of 44,217 shares at a price of $5.91 on Aug 05. The insider now owns more than $261,224 worth of shares. Prior to that, EVP, Product and Technology Walcott Wister went on to Sale 6,000 shares at $6.00 each on Aug 05. An amount of $36,000 was transacted.

Valuation Metrics

Marin Software Incorporated (MRIN) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 37.11 for the sector. This means investors are optimistic about the stock’s future prospects. The stock’s beta is 0.09. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.03, the price-to-book (PB) ratio at 6.09.

The quick ratio of Marin Software Incorporated for the three months ended December 30 was 1.70, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.10 and a total debt to equity ratio of 0.23 For the recent quarter ending December 30. On the profitability front, the trailing 12-month gross margin is 47.50% against a 5-year average of 53.7%. Marin Software Incorporated’s EBITDA margin for the year ending December 30 is -30.83%, while its operating margin for the same period stands at -48.20%. Its gross profit as reported stood at $12.04 million compared to revenue of $29.98 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Marin Software Incorporated’s return on assets was -33.60%, compared to -34.9% over the last five years. In the past year, the return on investment has been -81.20%, and the 5-year average is -46.4%. Meanwhile, the return on equity (ROE) for the past 12 months has been -77.80% and the 5-year average holds at -55.0%. For the broader industry, ROE averaged 3.34 over the past year.

Earnings Surprise

The analyst consensus anticipated Marin Software Incorporated’s latest quarter earnings to come in at -$0.1 per share, but it turned out to be -$0.35, a -250.00% surprise. For the recent quarter, EBITDA amounted to -$2.06 million. Shareholders own equity worth $15.47 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Marin Software Incorporated (MRIN) price momentum. RSI 9-day as of the close on 07 October was 52.44%, suggesting the stock is Neutral, with historical volatility in this time frame at 105.85%.

As of today, MRIN’s price is $8.05 -11.18% or -$1.02 from its 5-day moving average. MRIN is currently trading +33.22% higher than its 20-day SMA and +436.42% higher than its 100-day SMA. However, the stock’s current price level is +17.39% above the SMA50 and +287.56% above the SMA200.

The stochastic %K and %D were 46.41% and 46.56%, respectively, and the average true range (ATR) was 1.09. With the 14-day stochastic at 48.53% and the average true range at 1.10, the RSI (14) stands at 53.59%. The stock has reached -0.66 on the 9-day MACD Oscillator while the 14-day reading was at -0.35.

Analyst Ratings

Stifel downgraded Marin Software Incorporated (NASDAQ: MRIN) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for Marin Software Incorporated (MRIN) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MRIN, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.

What is MRIN’s price target for the next 12 months?

Analysts predict a range of price targets between $14.00 and $14.00, with a median target of $14.00. Taking a look at these predictions, the average price target given by analysts for Marin Software Incorporated (MRIN) stock is $14.00.

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