Martin Marietta Materials, Inc. which can be found using ticker (MLM) have now 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $670.00 and $500.00 calculating the average target share price we see $601.86. (at the time of writing). Given that the stocks previous close was at $604.42 this indicates there is a potential downside of -.4%. The 50 day moving average now sits at $561.37 and the 200 day moving average is $478.11. The market capitalization for the company is 37.22B. The stock price for the company is currently is currently $602.08 USD
The potential market cap would be $37,064,439,914 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 31.15, revenue per share of $109.49 and a 6.65% 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.
