# Martin Marietta Materials, Inc. – Consensus ‘buy’ rating and 11.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/martin-marietta-materials-inc.consensus-buy-rating-and-11.0-upside-potential/4121132992
- Published: 2023-11-16T14:55:44+00:00
- Author: Charlotte Edwards

**Martin Marietta Materials, Inc.** with ticker code (MLM) now have 22 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $572.50 and $376.00 with the average target price 
sitting at $515.52. Given that the stocks previous close was at $464.56 and the 
analysts are correct then there would likely be a percentage uptick in value of 
11.0%. The 50 day moving average now sits at $426.09 and the 200 moving average 
now moves to $406.05. The total market capitalization for the company now stands
at 28.11B. The stock price for the company is currently is currently $454.88 USD

 The potential market cap would be $31,198,925,098 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 25.71, 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.

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