Martin Marietta Materials, Inc. which can be found using ticker (MLM) have now 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $715.00 and $543.00 calculating the average target share price we see $634.21. (at the time of writing). Now with the previous closing price of $533.55 this would indicate that there is a potential upside of 18.9%. The 50 day moving average now sits at $553.01 and the 200 day MA is $538.71. The market capitalization for the company is 32.09B. The price for the stock stands currently at: $525.11 USD
The potential market cap would be $38,147,931,057 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 15.8, revenue per share of $107.25 and a 5.98% 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.
