Martin Marietta Materials, Inc. with ticker code (MLM) have now 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $565.00 and $376.00 with the average target price sitting at $505.26. Now with the previous closing price of $444.32 and the analysts are correct then there would likely be a percentage uptick in value of 13.7%. It’s also worth noting that there is a 50 day moving average of $425.17 and the 200 moving average now moves to $403.43. The market capitalization for the company is 27.93B. The stock price for the company is currently is currently $451.86 USD
The potential market cap would be $31,758,649,051 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.51, revenue per share of $100.37 and a 6.38% return on assets.
Martin Marietta Materials, Inc. is a natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 350 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. The Company also provides cement and downstream products, namely, asphalt and paving services, in markets that are naturally vertically integrated. The Company conducts its Building Materials business through two segments, such as East Group and West Group. The East Group provides aggregates and asphalt products. The West Group provides aggregates, cement, downstream products and paving services. The Company also operates a Magnesia Specialties business, which produces magnesia-based chemical products that are used in industrial, agricultural and environmental applications. It also produces dolomitic lime sold primarily to customers for steel production and soil stabilization.
