Martin Marietta Materials, Inc. with ticker code (MLM) now have 20 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 565 and 446.46 calculating the average target price we see $512.70. Now with the previous closing price of $431.17 this indicates there is a potential upside of 18.9%. Also worth taking note is the 50 day moving average now sits at $447.51 and the 200 moving average now moves to $382.03. The total market capitalization for the company now stands at 26.73B. The stock price for the company is currently is currently 432.55 USD
The potential market cap would be $31,788,429,999 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 28.09, revenue per share of 97.15 and a 5.66% 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.
